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Knox D'Arcy Trust (PNI)

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Friday 01 November, 2002

Knox D'Arcy Trust

Purchase of Own Securities

Knox D'Arcy Trust PLC
01 November 2002

The Board announces that on 1 November 2002 it purchased 473,841 units of Zero
Coupon Convertible Unsecured Loan Stock 2007 for cancellation at a price of
22.25p per unit, leaving 9,822,574 units outstanding.




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