Result of AGM

At the Company's Annual General Meeting held on 28 November 2002, all
resolutions were duly passed.

The resolutions passed under Special Business were as follows:

- An Ordinary Resolution granting the Directors authority to allot relevant
securities up to an aggregate nominal amount being approximately 5% of the
issued share capital of the Company as at 24 September 2002:

- A Special Resolution granting the Directors authority to allot a limited
number of equity securities for cash, without first offering such shares to
existing ordinary shareholders pro-rata to their existing holdings, has been
renewed.

- A Special Resolution granting the Company authority to purchase up to 14.99%
of its own shares in issue on 24 September 2002 for cancellation has been
renewed. The maximum number of shares to be purchased is 14,025,840 ordinary
shares.

 Mr David FitzWilliam-Lay retired as a director of the Company with effect from
the end of the Annual General Meeting.