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Date Posted: 19:58:00 03/05/03 Wed
Author: region. The Company warned at the AGM that profitability at theEBITDA level was dependent on the commencement of major newprojects.
Subject: Total revenue was marginally lower at $120.9 million, compared to$136.4 million in the previous half year due to continued delays inthe commencement of new projects, such as Sydney and Seattle, and thedelay in expansion of the Rome project into the surrounding Lazio

Total revenue was marginally lower at $120.9 million, compared to
$136.4 million in the previous half year due to continued delays in
the commencement of new projects, such as Sydney and Seattle, and the
delay in expansion of the Rome project into the surrounding Lazio
region. The Company warned at the AGM that profitability at the
EBITDA level was dependent on the commencement of major new projects.

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