ASX announcement-(abbreviated) 30/10/02 15 March 2002 -- ERG trade data forum

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Date Posted: 03:54:47 02/18/03 Tue
Author: performance benchmark-part of receiving equity- ERG Group
Subject: ASX announcement-(abbreviated) 30/10/02 15 March 2002
In reply to: Woodrow bloody Wilson. 's message, "S&P investable weight factor--15th falls Saturday 17th is Monday." on 03:15:42 02/18/03 Tue

ASX announcement-(abbreviated) 30/10/02 15 March 2002 issue to Banksys SA of 31,016,515 1,000,000 options at 31.4c(announced 8/4/02 amended 11/4/02--to add the 31.4 figure) fully paid ordinary shares.14,841,655 fully paid ordinary shares issued & allotted each to Interpay Nederland BV American Express Travel Related Services Company Inc Visa International Services Association it was done on the terms of the share purchase agreements between those companies at 28c, which were to meet a performance benchmark as part of receiving equity in ERG Group, the fact that they have received shares and confirmed in ERG's accounts that with the rollout of such things as Prisma, some of those benchmarks which are sliding scale have been met ahead of schedule.ASX announcement 19/3/02 " As part of the acquisition, American Express, Banksys and Interpay Nederland agreed to enter into five to seven year service level agreements that are expected to generate revenue in excess of $200 million over that time."

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