06 May 2005
The Company notes the recent press reports regarding its ongoing discussions
with lenders. As announced on 29 March 2005, the Group is discussing with its
lenders both its short term working capital requirements and the longer term
objective of restructuring its funding and capital base.
The precise form of these requirements and of the restructuring has not been
finalised. Once agreement has been reached a further announcement will be made.
Bridget Fury, Merlin 020 7653 6620
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