Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


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We store and use information you provide as follows:

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You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


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Enterprise Oil PLC (ETP)

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Thursday 09 August, 2001

Enterprise Oil PLC

Enterprise sell Danish Assets

Enterprise Oil PLC
9 August 2001

                  Enterprise sells Danish Assets to Paladin

Enterprise Oil has reached agreement with Paladin Resources plc for the sale
of its wholly-owned subsidiary Enterprise Oil Denmark Ltd ('EODL') for $35
million plus interest. EODL holdsIncluded in the deal are Enterprise's
interests in the producing Siri oil field and the nearby Stine discovery. In
addition, Paladin will also assume certain liabilities associated with
Enterprise's activities in Denmark.

The transaction is effective from 1 July 2001, and is subject to the consent
of the Danish Government and the approval of Paladin's shareholders.
Completion is expected to take place at the end of September.

The Siri field interest represented reserves of 4 million barrels and produced
5,900 barrels of oil per day net to Enterprise in the first half of 2001.

Pierre Jungels, Enterprise Oil Chief Executive, commented: 'We have received a
full price for assets that are no longer material to Enterprise. The
transaction demonstrates our commitment to extracting value from peripheral
assets, and enables us to concentrate our resources on activities with greater
long term potential.'


For further information please contact:

Patrick d'Ancona, Head of Public Relations                   020 7925 4160

Notes to Editors:

The Siri field is located in the Danish Sector of the North Sea, close to the
Norwegian median line. It is operated by Statoil and commenced production in
March 1999. The field has been developed using a purpose-built production
jack-up unit, and offshore tanker loading system.

The Stine discovery, some 4 km from Siri, is being initially developed via an
extended-reach production well from the Siri platform. This well is currently
being drilled and is expected to be put on production in September 2001.

The full list of interests acquired by Paladin is given below:

Licence       Field       EODL equity                    Operator

6/95          Siri        20 per cent                    Statoil
6/95          Stine       20 per cent                    Statoil
7/98                      60 per cent                    EODL


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