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Knox D'Arcy Trust (PNI)

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Tuesday 07 January, 2003

Knox D'Arcy Trust

Purchase of Own Securities

Knox D'Arcy Trust PLC
07 January 2003

The Board announces that on 7 January 2003 it purchased 175,000 units of Zero
Coupon Convertible Unsecured Loan Stock 2007 for cancellation at a price of 24p
per unit, leaving 8,376,660 units outstanding.

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