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Subject:

The 50 million proposed from rights issue



Author:

ERG


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Date Posted: 07:30:14 01/21/03 Tue

(below excludes a number of things, just solely on the money proposed to be raised by the rights issue)
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The 50 million proposed from rights issue (part of the restructing process)divided by the maximum number of shares and options together is 1.70816712154080968011857738125908
1.7c rounded
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This will appear in financing and investing activities in the the statement of cash flows reconciled to the profit and loss and balance sheet not in the half yearly due in March, if the proposal goes ahead as is likely in the full year report f/y03.
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8 times 1.7 equals 13.6 10 times 1.7 equals 17 12 times 1.7 equals 20.4 15 times 1.7 equals 25.5 25 times 1.7 equals 42.5
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