21 January 2000

The company has noted the recent increase in share trading volumes and price and wishes to state that there is no information of which it is aware at present which should be the subject of any announcement. Announcements will of course be made if it is appropriate to do so.

As set out in the annual and interim reports the company is pursuing a number of initiatives to broaden its asset base.

Enlarging the range of the company’s activities is also an objective which is being considered in order to improve the company’s position. These matters remain at an early stage.

 

Contacts :
Ian Cuthbertson	John F. Kearney
Company Secretary	Chairman
(44)1248 361333	(1)416 362 6686