Amalgamation effective

Marwyn Value Investors II Ltd
22 April 2008


                       Marwyn Value Investors II Limited

                              Amalgamation Effective



Marwyn Value Investors II Limited (the 'Company') confirms that all the
conditions for the amalgamation of Marwyn Value Investors Limited and the
Company have been met and the amalgamation was effective as of 18 April 2008.




Enquiries

Seema Paterson       Collins Stewart Europe Limited         020 7523 8321


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