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Flying Brands Ltd (FBDU)

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Monday 18 September, 2000

Flying Brands Ltd

Re Scheme of Arrangement

Flying Brands Limited
18 September 2000

                    Flying Brands Limited

Following Court sanctioning of the scheme of arrangement and
confirmation of the reduction of capital on Friday September
15,     the     Demerger    of    Communitie.com     Limited
('Communitie.com')  from Flying Brands  (formerly  known  as
Flying  Flowers Limited) becomes effective today, Monday  18
September. Dealings in the Communitie.com shares will  begin
on Tuesday 19 September. Flying Brands shares will become ex
entitlement   on  September  19  when  dealings   begin   in
Communitie.com.


                                                                                
                                                                             

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