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laugardagur, 20. október 2018

september, 2007

 

Xcerion, the Swedish Company Behind the Revolutionary XML Internet OS, the World's Next Operating System, Has, After 6 Years in 'Stealth Mode,' Officially Announced the Beta Launch Daniel Arthursson, CEO of Xcerion, said, "We are excited to launch our initial beta program. The launch represents an important milestone for Xcerion. Yesterday, September 30th, we let our first limited group of beta testers try the XIOS/3 system. Next month we will start releasing more features including applications. It feels great to finally be able to disclose our global Internet service. Our scaleable Internet OS with offline capabilities that enables extreme rapid development of software opens up a new era of Software-as-a-Service (SaaS). Hundreds of applications lend themselves to be easily moved to the OS. "In preparation for the public beta launch later this year, the limited beta program is targeted at the global developer community. It provides developers the tools for developing applications. "We want to create opportunities for developers to create user-friendly software that runs within the browser without any plug-ins. This is the beginning of a fundamental shift in computing as the web browser reinvents itself from being an information browsing tool to becoming an application platform and API, turning the traditional OS into a commodity." The initial beta includes the core operating system, user desktop, applications, virtual XML file system and a XML text editor for writing applications. Planned features in Q4 2007 are: * Visual drag-and-drop development environment for building XML applications * Productivity applications (word, presentation, email, calendar, rss-reader) * Marketplace for finding, sharing and selling applications and content * Firefox browser support (currently IE6+ is supported) An image of the Operating System is available at http://xcerion.com/images/stories/OS/Screenshot_Desktop_20070930_large.jpg For press inquiries, please contact pr@xcerion.com (http://xcerion.com/presskit) About Xcerion Founded in 2001 by Daniel Arthursson, Xcerion AB (xcerion.com) provides an XML Internet OS as a Web 2.0 Internet service. The service changes how software is distributed, sold and developed. It includes a complete OS, productivity tools and applications needed for everyday computing and scales for millions of users. Core technology is a new OS driven by an XML Virtual Machine. Xcerion is based in Linkoping, Sweden and Seattle, U.S.A. Key management team includes, Daniel Arthursson CEO, Jonas Thornholm CFO and Marcus Bristav CTO. Xcerion is privately held and backed by Northzone Ventures, Scandinavia's leading VC firm with US $450 million under management. CONTACT: Xcerion Daniel Arthursson Jonas Thornholm +46 (0) 13214400


 

REYKJAVIK, ICELAND--(Marketwire - September 29, 2007) - Often there was the need but now it is a necessity to carry the word of peace between nations and among men. A new century has dawned and humanity is facing danger from different kinds of forces than before. The danger I was brought up with was beyond the iron curtain, clear and well defined. And then the wall collapsed and everyone sighed with relief. But that relief was short lived. Constantly we hear news of ambush and suicide attacks. Price is put on people's heads and innocent blood is spilled. Brothers will fight And kill each other So it says in Voluspa(i) And the world comes to ruin. Seldom if ever has the world picture been as dark or the lack of tolerance greater, the terror more threatening. But fortunately people always come to the fore, men and women who dedicate their lives to the message of peace, carry the word of reconciliation and emphasise those traits that mankind shares in common. It is this oneness that we need most today. To eliminate doubt and suspicion. To prevent unscrupulous forces from sowing the seeds of enmity between nations by misrepresenting religious doctrine and cultural tradition. The humanitarian Sri Chinmoy has dedicated his life in campaigning for peace and oneness among nations. He has for decades visited nations, both wealthy and poor, to spread his message. He has also held meditations at the United Nations headquarters, dedicated to peace and oneness. He is a great friend of Iceland and has come here several times. A peace run in his name has been held every year over decades and more than once around the country with good participation and goodwill everywhere. I am mentioning this for a good reason. I have, along with other members of parliament, nominated Sri Chinmoy for the Nobel Peace Prize. Of course because I know about his work and have met him on many occasions. I have a deep respect for him and appreciate the great work he has accomplished for the sake of peace and oneness among nations. Nobody with any self respect can take that work lightly. Stefan Ingi Stefansson, director of UNICEF Iceland, explained very clearly Sri Chinmoy's contribution to world peace and humanitarian aid in a national TV magazine last Tuesday. He raised the programme on to a higher level. The author is the former President of Parliament and was one of 51 Members of Parliament of Iceland to nominate Sri Chinmoy for the Nobel Peace Prize. (i) Voluspa is an old heathen poem, one of the main sources of old Norse mythology, describing the creation and the end of the world. Contacts: Former President of Althingi Halldor Blondal Efstaleiti 12 103 Reykjavik Iceland +354-561-1616


 

PRAGUE, CZECH REPUBLIC--(Marketwire - September 30, 2007) - We are living in the age of the search for a new order that would not allow anyone to threaten or endanger others. The main concept of such order is for the nations to live in the atmosphere of peaceful cooperation. As the world gets globalized it is imperative that any new project, activity or decision-making evolves out of deep understanding of the complexity of this world. Only then we will be able to feel the responsibility for all that surrounds us. That is why I have decided along with many other professors of the Charles University in Prague to nominate Sri Chinmoy for the Nobel Peace Prize this year. His accomplishments are truly outstanding. Throughout his life he has managed to address and inspire thousands of people. He has started many peace initiatives and humanitarian projects which have become the basis of cooperation among nations worldwide. Through his multifarious activities he has been urging many to cultivate their awareness of the responsibility for the world. Besides being responsible for our family, town, nation we should be aware of our responsibility for the entire world community. In his own life Sri Chinmoy has shown that such responsibility should include our humble respect for the principles of nature, acceptance of others and faith in non-violent solutions of all conflicts. I deeply appreciate all good deeds Sri Chinmoy has done on behalf of world peace for the last few decades. I am happy he has been able to carry on. I believe that awarding this man with the Nobel Peace Prize would stress the growing importance of everybody's responsibility for harmonious coexistence of nations around the globe. Prof. PhDr. Oldrich Miksik, DrSc. Department of Psychology Faculty of Philosophy and Arts Charles University, Prague oldrich.miksik@ff.cuni.cz Contacts: World Harmony Run Kritartha Brada, Spokesman Czech Republic Lomnickeho 6 1400, Prgue 4 +420 604 609 110


 
Hitt og þetta
1. október 2007

Portfolio update

Monthly Portfolio Update In accordance with Listing Rule 15.6.8 (1), Capital Gearing Trust plc announces that as at 30 September 2007 it had the following investments in other listed closed-ended investment funds, which do not have a stated investment policy to invest no more than 15% of their total assets in other listed closed-ended investment funds - Name Percentage of portfolio Utilico Finance LTD Zero Div Pref 31.10.2012 2.41% Advance Developing Markets Trust 1.80% London & St Lawrence Investment Company Ord 1.51% Advance UK Trust 1.41% Eclectic Investment Trust 0.38% Total 7.51% It should be noted that the above percentages are calculated using 'bid prices'. Enquiries Alice Parker, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 1 October 2007 ---END OF MESSAGE---


 

1 October 2007 AIM / PLUS Markets: AAU HOLDING IN COMPANY Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 25th September 2007 that Starvest plc. now owns 7,500,000 Shares, representing a holding in the Company's enlarged issued share capital following the Further Placing announced on the 27th September 2007 of 10.5%. Contacts: Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish Bankside Consultants Tel: 020 7367 8888 Michael Padley / Louise Davis City Capital Corporation Limited Tel: 020 7842 5867 Charles Dampney King & Shaxson Capital Limited Tel: 020 7426 5986 Nick Bealer Editors' note: About Ariana Resources Ariana is a dynamic exploration company focused on the discovery and development of epithermal gold-silver and porphyry copper-gold deposits with multi-million ounce potential within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of prospective licences covering 1,820km2, selected on the basis of its advanced in-house remote sensing database. The Company's flagship asset is the 235km2 Sindirgi Gold Project, which targets a series of prospects, within a prolific mineralised district in western Turkey. The project hosts over 45km of gold-silver bearing epithermal quartz veins. City Capital Corporation Limited and King & Shaxson Capital Limited are joint brokers to the Company and Beaumont Cornish Limited is the Company's nominated adviser. For further information on Ariana you are invited to visit the Company's website at www.arianaresources.com. Ends ---END OF MESSAGE---


 

INCAP CORPORATION STOCK EXCHANGE RELEASE 1 October 2007 at 5 p.m. Incap Group's revenue for July-September is lower than expected and therefore the company lowers its estimate for the year of 2007. Based on current information the company estimates that the entire Group's revenue for the financial year 2007 will be clearly lower than in the year 2006. Estimated revenue for Indian operations remains at approximately EUR 6 million. Decrease in revenue for the third quarter was due to the lower-than-expected revenue replacing the decline in demand of telecommunications sector, the delivery problems of certain components and the prolonged ramp-up of some new products. Due to the decreased revenue the operating result for July-September will be negative. The full-year operating result of the Group is estimated to be clearly negative. In its interim report on 8 August, Incap estimated that the entire Group's revenue in 2007 will be on a par with or slightly lower than in 2006 when it was EUR 89.3 million. Profitability was expected to improve during the latter half of the year compared with the first half of the year. The full-year operating result was estimated to represent a loss. Incap will release its January-September Interim Report on Wednesday, 7 November 2007. INCAP CORPORATION Juhani Hanninen President & CEO Further information: Juhani Hanninen, President & CEO, tel. +358 50 556 7199 Anne Sointu, CFO, tel. +358 40 347 2059 Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296 DISTRIBUTION OMX Nordic Exchange Helsinki Principal media INCAP IN BRIEF Incap Corporation is a fast-growing electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. The company's main customer sectors are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care. The Incap Group's revenue in 2006 amounted to EUR 89 million and the company currently employs approx. 750 persons. Incap's share is listed on the OMX Nordic Exchange Helsinki. For additional information, please visit www.incap.fi


 

Pursuant to Pöyry Plc's stock option programme 2004, 47 524 new shares of the company have been subscribed in September 2007 with stock options 2004A. The Board of Directors of Pöyry Plc has approved these subscriptions in its meeting today. Following these subscriptions, the registered share capital of the company will increase by EUR 11 881 from EUR 14 564 738 to EUR 14 576 619 and the total number of authorised shares will increase to 58 605 178. The aim is to have the increase in share capital registered in the Trade Register on October 5, 2007. According to the terms and conditions of stock options 2004, the subscribed new shares entitle to dividend and other shareholders' rights as of the date of registration of the share capital increase into the Trade Register. The new shares will be joined to the old shares and are expected to be available for public trading on the main list of the OMX Nordic Exchange in Helsinki on October 8, 2007. The subscription period for stock options 2004A started on March 1, 2007 and will end on March 31, 2010. A total of 126 332 shares have been subscribed with stock options 2004A by September 30, 2007. The terms and conditions of stock options 2004 and further information on the stock option programme are available on the company's website www.poyry.com. PÖYRY PLC Erkki Pehu-Lehtonen President and CEO Teuvo Salminen Deputy to President and CEO Additional information by: Anne Viitala, Group General Counsel, Pöyry Plc Tel. +358 10 33 22811 www.poyry.com DISTRIBUTION: OMX Nordic Exchange Helsinki Major media


 

NEWARK, Del., Oct. 1, 2007 (PRIME NEWSWIRE) -- Innospec Inc. (Nasdaq:IOSP) today announced a further streamlining of its fast-growing Performance Chemicals division into a unified, sales-led global business focused on rapidly meeting customers' needs anywhere in three geographical regions and five core industry sectors. Under the banner "Active Chemicals," the division's new operating structure consolidates its businesses by region and combines product sales, R&D and customer service within five chosen markets: Fragrance Ingredients; Household, Industrial and Institutional; Personal Care; Plastics and Polymers; and Pulp and Paper. The formation of Innospec Active Chemicals is the latest move by Innospec's President and CEO, Paul Jennings, to transform and refocus this rapidly growing segment since he assumed direct control of its operating units in May 2006. "As the division's sales have risen by over 30 percent these past two years, we have attained both a critical mass and a better understanding of our global customer base," noted Mr. Jennings. "I am quite confident that this simplified, streamlined structure -- which we have modelled after our successful Fuel Specialties business -- is the right one for our Active Chemicals division." Under the new structure, all of Innospec's Active Chemicals product offerings and services will be sold within each designated region and market, as is the case with Innospec Fuel Specialties. "Reorganizing this segment was the next logical step in taking it to a higher level of performance," Mr. Jennings said. "With this new structure, we are serving notice that Innospec does not just sell and produce specific chemicals from a given site. We sell solutions that can either solve a particular problem or enhance the performance of a new product. Innospec Active Chemicals spans several attractive markets, and our knowledge and experience in one area can benefit customers working in a different market." About Innospec Inc. Innospec Inc. is an international specialty chemicals company with almost 1,000 employees in 23 countries. Innospec divides its operations into three distinct business areas: Fuel Specialties, Active Chemicals, and Octane Additives. Together, the three businesses manufacture and supply a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Innospec's Fuel Specialties business specializes in manufacturing and supplying the fuel additives that help improve fuel efficiency, boost engine performance and reduce harmful emissions. Innospec's Active Chemicals business provides effective technology-based solutions for customers' processes or products. Innospec's Octane Additives business is the world's only producer of tetra ethyl lead. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements which address operating performance, events or developments that we expect or anticipate will occur in the future. Although such statements are believed by management to be reasonable when made, caution should be exercised not to place undue reliance on forward-looking statements, which are subject to certain risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, actual results may differ materially from those expressed or implied by such forward-looking statements and assumptions. Risks, assumptions and uncertainties include, without limitation, changes in the terms of trading with significant customers or gain or loss thereof, our ability to continue to achieve organic growth in our Fuel Specialties and Active Chemicals businesses, our ability to successfully integrate any acquisitions in those business segments, the effects of changing government regulations and economic and market conditions, competition and changes in demand and business and legal risks inherent in non-U.S. activities, including political and economic uncertainty, import and export limitations and market risks related to changes in interest rates and foreign exchange rates, government investigations, material fines or other penalties resulting from the Company's voluntary disclosure to the Office of Foreign Assets Control of the U.S. Department of the Treasury or other regulatory actions and other risks, uncertainties and assumptions identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2006 and those identified in the Company's other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: Innospec Inc. Andrew Hartley +44-151-348-5846 Andrew.Hartley@innospecinc.com RF Binder Partners Mark Harrop +1-212-994-7533 Mark.Harrop@RFBinder.com


 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - October 01, 2007) - BCM Resources Corporation (TSX VENTURE: B) is pleased to announce the commencement of its Phase Three diamond drill program at its Shan Molybdenum property. A minimum of 8 holes totaling approximately 2500 meters is planned. The principal target areas will be the north extension of Shan South (Triangle target area) and the Banana Lake target area located at Shan North. The Triangle target area is located on the north side of the south ridge, (north of the area drilled over the previous two drill programs). Recon work in this area, completed this past summer, revealed steeply east-dipping NNW shear zones with grey fault gouge including molybdenite, pyrite and quartz veining. Also observed are a set of gently north-dipping molybdenum-quartz veins. Historical soil surveys indicate good values throughout this area and mineralized veins outcrop in the creeks that roughly bound the area. 3-D modeling of data obtained from the aeromag survey completed this past summer confirms that favorably altered rocks (with magnetite destruction) extend throughout the area. Additionally, historical reports regarding an adit (circa 1935), located at Shan South (which extends into the Triangle area), indicate that a series of altered and pyritized steeply east-dipping NNW shears (like those found at the surface) were observed over most of the length of the adit (which extends for approximately 500 meters into the south ridge). Narrow quartz veins with visible molybdenum were reported and assayed, showing values of up to 0.42% Mo. The shear zones were sampled for gold and silver but were not assayed for molybdenum because the geologists at the time did not recognize the appearance of molybdenum in them, which is not always very obvious in these zones. However, material from these zones (encountered in the dumps outside the historical adit during this past summer's recon program) strongly resembles the grey molybdenum bearing gouge appearing in structures at surface and encountered during previous drill programs; where it was found to contain up to 0.8% Mo. This past summer, three samples were taken of the grey rocks from the adit dumps. Assay results for two of the samples were over 0.2% Mo (re-assays are pending). The third sample (interestingly the only one with definite visible molybdenum) ran 0.13% Mo. Two additional quartz vein samples from the dump, with some visible molybdenum, ran 0.012% and 0.025% Mo. The grey rocks from the dump are too large to represent the narrow quartz veins described in the reports on the adit, and it may be concluded that the best molybdenum mineralization is located in the broader shear zones where it was not previously recognized. The Company plans to drill a minimum of four holes comprising approximately 1300 m in the Triangle zone during this program (the area to be tested is a triangle 700 m N/S and 700 m E/W across the base). The Banana Lake target area, located at Shan North, appears to be controlled by NW trending, steeply east-dipping mineralized structures, as well as potentially gently-dipping veins. While the zone is mostly covered by muskeg, some outcrop and float with molybdenum has been observed. Historically, there are relatively high molybdenum content soil samples from a 1980 survey across the area (similar to those found over the area already drilled at the south ridge from the same survey). 3-D modeling of data obtained from the aeromag survey completed this past summer indicates permissive alteration (magnetite destruction) throughout the zone to a depth of 300-400 m below surface. Silt samples from the stream draining the target area have metal values for molybdenum and other elements similar to the silt samples from the creek draining the area drilled at the south ridge. A minimum of 4 drill holes comprising approximately 1200 m will be drilled to test this zone. The area to be tested is over 1000 m long by 400 m wide. Qualified Person: Daryl Hanson, P.Eng. who is a Qualified Person as defined in NI 43-01, has reviewed the technical content of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Contacts: BCM Resources Corporation Dale McClanaghan President & CEO (604) 646-0144 Website: www.bcmresources.com


 

New Business Model in Market Intelligence Gains Ground HELSINKI, FINLAND--(Marketwire - October 01, 2007) - Novintel, an international pioneer in customized Market Intelligence services and solutions, announces the merger of its company identity with Global Intelligence Alliance (GIA). The Novintel brand will be discontinued and the company will fully adopt the Global Intelligence Alliance identity. Global Intelligence Alliance is a network of business research and Market Intelligence (MI) companies and has been managed and coordinated by Novintel from the beginning. The network was initially established in response to the need of global companies to have access to global, high quality Market Intelligence. With this initiative, it now enables localized MI services in more than 100 countries. "Becoming a truly global service provider in the Market Intelligence industry has been a major goal from early on as it responds to what we repeatedly hear from our customers," says Global Intelligence Alliance Group CEO Markko Vaarnas. "They would prefer to work with a Market Intelligence partner that is large enough to have contact points and service centers on several continents. Our operating logic replicates models of existing global chains in professional services such as advertising or auditing. We aspire to be a global partner in Market Intelligence for our customers." The identity change does not involve any ownership arrangements among the companies belonging to the GIA network. The network consists of fully-owned, local subsidiaries and independent affiliates. "With this development, our customers will continue to benefit from the tightening cooperation among the companies that belong to the Global Intelligence Alliance network," adds Vaarnas. "The affiliated companies in the network for their part can leverage the increased Global Intelligence Alliance brand awareness for successful local marketing. We truly believe this development will lead to enhanced strategic partnering between companies belonging to the Global Intelligence Alliance network and their customers." Visit the Global Intelligence Alliance website at www.globalintelligence.com, or send email to info@globalintelligence.com. About Global Intelligence Alliance Global Intelligence Alliance is a worldwide network of companies specializing in customized Market Intelligence. Leveraging its global reach, Global Intelligence Alliance provides international organizations with a single source for customized market monitoring, localized business research, the Intelligence Plaza(TM) software, and intelligence workshops. The Global Intelligence Alliance network consists of fully owned local subsidiaries and independent Member and Research Partner companies. Contacts: Global Intelligence Alliance Group Markko Vaarnas CEO +358-424-956 200 Global Intelligence Alliance Group, North America Jouko Virtanen President (416) 231-0828 x 2101 Email: info@globalintelligence.com Website: www.globalintelligence.com


 

New Vehicles for Use in the Cross-Border Service Between Austria and Hungary BERLIN, GERMANY--(Marketwire - October 01, 2007) - The Austrian Federal Railways (OBB) Passenger Service AG is expanding its fleet of vehicles with 17 additional BOMBARDIER(i) TALENT(i) trains. The four-car units are being built in a consortium with Elin EBG Traction/Siemens. From a total order value of around 76 million euros ($108 million US), Bombardier has a share amounting to around 56 million euros ($79 million US). The new trains are scheduled for delivery from December 2008 to May 2009, and will then be used in cross-border traffic between Austria and Hungary. OBB has operated these innovative regional and local traffic vehicles since 2001 and delivery of the latest tranche will bring the fleet size to 188 Talent trains. Low-floor entrances, generously-sized passenger compartments, state-of-the-art public address and emergency call systems together with air-conditioning ensure optimum travel comfort. Designed for speeds of 140km/hr, the train also features compartments and toilets to accommodate disabled persons as well as generous areas to store bicycles, prams and wheelchairs. The electrical equipment is provided by Elin EBG Traction. "The Talent is increasingly becoming the standard for innovative and design-oriented regional and local traffic in Europe", declared Stephane Rambaud-Measson, President Mainline and Metros at Bombardier Transportation. "Its modular and flexible concept continues to impress more and more customers. We now have more than 780 orders from Germany, Austria, Hungary, Norway and Canada." Karl Samstag, Country Representative of Bombardier Transportation in Austria added: "We are very pleased that the tried and tested collaboration between OBB and our consortium, which has proven to be successful for both parties, continues with the current purchase. With the Talent, OBB provides its passengers with a reliable and extremely comfortable means of transport and maintains its profile as a comprehensive provider of mobility." Note to editors: Useful market and company background facts and contact details follow. Photography is available at: http://www.transportation.bombardier.com/photography.jsp Background facts and figures About Bombardier Transportation in Austria Bombardier Transportation currently employs over 500 people at their Vienna site in Austria. Here the centre of competence for trams and light rail vehicles is located, which are developed and manufactured for the Austrian and the European market. In addition, the Vienna location houses the department of propulsion and control technology and the service facility for rail vehicles. About Bombardier Transportation Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com. BOMBARDIER and TALENT are trademarks of Bombardier Inc. or its subsidiaries. Contacts: Americas David Slack + 1 450 441 3190 Germany, Austria Jurgen Kornmann + 49 30 986 07 1138 Switzerland Fiona Flannery +41 44 318 29 91 Central and Eastern Europe Vicki Luther + 49 30 986 07 1139 Nordic Countries Jonny Hedberg + 46 8 681 5062 Russia Alexander Bocharov + 7 495 775 1830 UK, Ireland, Australia, New Zealand, other countries Neil Harvey + 44 1332 266470 Benelux and France Anne Froger + 33 6 07 78 95 38 Spain, Portugal, Italy, Greece, Turkey, India Luis Ramos + 35 1 919 693 728


 

(Press Release) Kemira Water Solutions Brazil has agreed to acquire Nheel Química Ltda, a leading Brazilian water treatment chemicals company. By this acquisition Kemira will strengthen its position in the Brazilian and Latin American water treatment market. In 2006 the revenue of Nheel Química was approximately EUR 24 million. The production site of Nheel Química is located in Rio Claro, Sao Paulo state and it produces the full range of coagulants. Coagulants are mainly used for treatment of drinking water and wastewater. The strong economical growth in Brazil brings stricter environmental demands and higher demands on clean water in the coming years. This acquisition makes Kemira well positioned for further growth in the region and it fits well in Kemira's strategy to enhance its position in the fast growing emerging markets. The completion of the transaction is subject to regulatory approvals being granted and the other conditions and terms of the acquisition agreement being met. Kemira Water is the world's leading supplier of inorganic coagulants and ranks third in water treatment polymers. It offers customized water treatment and sludge treatment solutions to municipal and private water treatment plants and industry. In 2006, Kemira Water business area had revenue of EUR 468 million and a payroll of approximately 1,600 employees. It is present in 30 countries. For further information please contact Kemira Water Mats Jungar, President Tel. +358 (0)10 862 1028, Mobile +358 (0) 40 707 4943 Fred Schuurman, Vice President, Sales Latin America Tel. +55 (11) 4393-4707, Mobile +55 (11) 9429-3847 Marie Lundgren, BA Kemira Water communications Tel. +46 42 17 11 19, Mobile +46 737 19 11 19 Kemira is a chemicals group made up of four business areas: Kemira Pulp&Paper, Kemira Water, Kemira Specialty and Kemira Coatings. Kemira is a global group of leading chemical businesses with a unique competitive position and a high degree of mutual synergy. In 2006, Kemira recorded revenue of around EUR 2.5 billion and had a payroll of 9,000 employees. Kemira operates in 40 countries. www.kemira.com


 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN Hamilton, Bermuda, 1 October 2007 * Dockwise Ltd. to migrate from Norwegian Over-the-Counter ("OTC") Market to main board of the Oslo Stock Exchange (the "Oslo Børs") * Private Placement of up to 53.4 million ordinary shares consisting of primary and secondary shares * Offer price set to NOK 25 per ordinary share * Subscription period: beginning 14:00 CET on 1 October, and expected to end 08:00 CET on 2 October 2007 * Expected listing on the Oslo Børs: 2 October 2007 Dockwise Ltd ("Dockwise" or the "Issuer"), the Bermudian parent company of Dockwise Transport NV (the "Company"), one of the world's leading integrated heavy lift services providers, announced today an intended private placement of up to 53.4 million ordinary shares (the "Shares") of Dockwise (the "Private Placement") in conjunction with its listing on the Oslo Stock Exchange (the "Listing"). The offer price (the "Offer Price") is set at NOK 25 per ordinary share. Dockwise is currently trading on the Norwegian Over- the-Counter Market under the ticker Symbol "DOCK". André Goedée, CEO of Dockwise: "We view a listing on the Oslo Stock Exchange as the logical next step forward from our current OTC listing and an important milestone in the development of Dockwise. We look forward to developing the business further." Company Overview The Company is one of the world's leading integrated heavy lift services providers, able to transport some of the world's heaviest cargoes over very long distances. Activities include the design, engineering, planning and logistics necessary to ensure satisfactory collection, transport and delivery of cargoes. The Company operates a fleet of 15 semi-submersible heavy lift vessels and employs about 800 people worldwide. The Private Placement The Private Placement will consist of up to 18.4 million new ordinary shares ("New Shares") offered by Dockwise and up to 35 million existing ordinary shares offered by Frontline Ltd. The New Shares are expected to be available for trading on settlement. The Private Placement consists of a private placement to institutional buyers qualified in their jurisdictions to participate in such a private placement. The completion of the Private Placement is subject to (a) necessary approvals by the OSE including of a supplement to the listing prospectus describing the intended Private Placement and (b) required approval from the Bermudan Monetary Authority for the issuance of the New Shares. Use of Proceeds The Issuer is seeking to raise gross proceeds of approximately NOK 460 million (approximately US$85 million) through the sale of New Shares, primarily to reduce its level of indebtedness. Subscription Period The subscription period commences on 1 October 2007 at 14:00 Central European Time ("CET") and is expected to end at 2 October 2007 at 08:00 CET. The timetable for the Private Placement may be shortened or extended. Further details of the Global Offering Syndicate of Banks (the "Managers") Carnegie and Lehman Brothers are acting as Joint Global Coordinators and Joint Bookrunners. Over-Allotment Option The Managers may over-allot a number of Shares equalling up to 15% of the total number of Existing Shares and New Shares taken together and offered in the Private Placement. The 3i Funds expect to grant an option to the Managers, exercisable by Lehman Brothers, as stabilisation agent, for 30 days following the first trading date ("First Trading Date"), to purchase on behalf of the Managers up to 8.01m ordinary shares at the Offer Price. Symbol Dockwise has applied for its shares to be listed and admitted to trading on the Oslo Stock Exchange under the symbol "DOCK." Lock-Up The Issuer, the 3i Funds and certain members of management will enter into lock-up agreements with the Managers for 180, 90 and 270 days respectively after the First Trading Date of the Issuer's Shares on Oslo Børs. For further information Jacqueline Lenterman, Investor Relations Telephone: +31(0)6 29393969 This announcement is not an offer to sell or a solicitation of any offer to buy the securities of Dockwise Ltd (the "Issuer", and any such securities, the "Securities") in the United States or in any other jurisdiction. The Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States unless registered under the Securities Act or an exemption from such registration is available. No public offering of Securities in the Issuer is being made in the United States. This communication is directed only at (i) persons outside the United Kingdom, or (ii) persons having professional experience in matters relating to investments who fall within the definition of investment professionals in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 or (iii) high net worth companies, unincorporated associations and partnerships and trustees of high value trusts as described in Article 49(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Any investment or investment activity to which this communication relates is available only to and will be engaged in only with such persons. Persons within the United Kingdom who receive this communication (other than persons falling within (ii) and (iii) above) should not rely on or act upon this communication. This document contains certain forward-looking statements relating to the business, financial performance and results of the Issuer and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, contained in this document, including assumptions, opinions and views of the Issuer or cited from third party sources are solely opinions and forecasts which are uncertain and subject to risks. A multitude of factors can cause actual events to differ significantly from any anticipated development. Neither the Issuer nor any of its subsidiary undertakings nor any of its officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does any of the foregoing accept any responsibility for the future accuracy of the opinions expressed in this document or the actual occurrence of the forecasted developments. No representation or warranty (express or implied) is made as to, and no reliance should be placed on, any information, including projections, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and, accordingly, neither the Issuer nor any of its subsidiary undertakings nor any such person's officers or employees accepts any liability whatsoever arising directly or indirectly from the use of this document. In connection with the Offering, Lehman Brothers International (Europe) (the "Stabilisation Agent") (acting on behalf of the underwriters) may over-allot shares or effect transactions with a view to supporting the market price of the shares at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Agent (or persons acting on behalf of the Stabilisation Agent) will undertake stabilisation action. Any stabilisation action may begin on or after the date on which adequate public disclosure of the final price of the ordinary shares is made and, if begun, may be ended at any time, but it must end no later than 30 days after the date of commencement of trading of the ordinary shares. All investment is subject to risk. The value of the securities offered may go down as well as up. Past performance is no guarantee of future returns. Potential investors are advised to seek expert financial advice before making any investment decision.


 

Cargotec Corporation, Stock Exchange Announcement, October 1, 2007 at 2:15 p.m. Finnish time A total of 2,850 Cargotec class B shares were subscribed for with 2005A and 2005B option rights in September 2007. The corresponding increase in Cargotec Corporation's share capital will be, in accordance with the time schedule published earlier, entered into the Finnish Trade Register by October 31, 2007 together with the 2,850 shares subscribed for in August 2007. Trading of the new shares, together with the existing class B shares, will commence on the Helsinki Stock Exchange after the entry of the new shares into the Trade Register. Sender: Cargotec Corporation Kari Heinistö Senior Executive Vice President and CFO Eeva Mäkelä SVP, Investor Relations and Communications For further information, please contact: Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281 Cargotec is the world's leading provider of cargo handling solutions whose products are used in the different stages of material flow in ships, ports, terminals, distribution centers and local transportation. Cargotec Corporation's brands, Hiab, Kalmar and MacGREGOR, are market leaders in their fields and well-known among customers all over the world. Cargotec's sales are EUR 2.8 billion. The company employs over 10,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Helsinki Stock Exchange. www.cargotec.com


 

YIT CORPORATION PRESS RELEASE OCT. 1, 2007 at 14:00 YIT Construction Ltd has sold the Joensuu Shopping Center project to the Danish real-estate investment company I/S EjendomsInvest. The size of the property is about 15,000 m2 and the total transaction price amounts to approximately EUR 31 million. Joensuu Shopping Center is located in the heart of Joensuu city in Eastern part of Finland. Construction work is ongoing and the shopping center will be fully completed in November 2008. Almost 90 per cent of the project comprises the refurbishing of existing premises. In addition, an extension will be built for the shopping center. An Anttila department store and other businesses are open in the shopping center for the whole duration of the works. Among new tenants will be Alko, Ballo, Hemtex and KappAhl. EjendomsInvest is Denmark's leading investment property agent and the oldest player in the business. Its real-estate portfolio in Finland includes 38 properties, of which about half are in the Helsinki area. The market value of its portfolio of commercial properties in Finland is about EUR 380 million. For additional information, contact: Regional Manager Ilkka Kääriäinen, YIT Construction Ltd, tel. +358 40 519 5953, ilkka.kaariainen@yit.fi Investment Manager Henrik Andersen, EjendomsInvest, tel. + 45 27 14 74 74 ha@ejendomsinvest.dk Images of the site are available on YIT's Internet site at www.yitgroup.com. YIT CORPORATION Veikko Myllyperkiö Vice President, Corporate Communications Distribution: principal media, www.yitgroup.com


 

Stamford, CT - October 1, 2007 - Clean Diesel Technologies, Inc. (EBB: CLDS; AIM: CDT/CDTS; XETRA: CDI), a global company providing innovative technologies and solutions that reduce emissions, conserve fuel and improve engine performance, today announced it has received approval from The NASDAQ Listings Qualifications Department to begin trading on The NASDAQ Capital Market. Effective October 3, 2007, the Company's common stock will begin trading on the more prominent NASDAQ Capital Market. Prior to that, it had been traded in the U.S. on the over-the-counter bulletin board (OTCBB). The Company's common stock will continue to trade on the Alternative Investment Market (AIM) of the London Stock Exchange and in Germany on various regional exchanges and the national electronic exchange (Xetra). Effective with the start of trading on The NASDAQ Capital Market on October 3, 2007, the Company's trading symbol will revert to CDTI from CLDS. Dr. Bernhard Steiner, President and Chief Executive Officer of Clean Diesel Technologies, said, "We are pleased to have received approval for listing on The NASDAQ Capital Market, where our stock will have greater visibility with the investment community and will be accessible to many more sophisticated clean tech, institutional and retail investors. We believe that the transition will enhance trading liquidity in our shares and position Clean Diesel more appropriately and visibly among other leading clean technology companies around the world." About Clean Diesel Technologies Clean Diesel Technologies, Inc., together with its wholly-owned subsidiary, Clean Diesel International, LLC, is a clean energy and environmental technology company that provides innovative solutions to reduce harmful engine emissions and conserve energy. Clean Diesel Technologies' patented technologies, products and solutions enable cost-effective reduction of harmful emissions from internal combustion engines while also improving fuel economy and power. Products include Platinum Plus® fuel-borne catalysts, the Platinum Plus Purifier Systems, the ARIS® urea injection systems for selective catalytic reduction of NOx, diesel particulate filter and biofuels technologies. Their products are in commercial use around the world. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc. For more information, visit Clean Diesel at www.cdti.com or contact the Company directly. Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the US Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further information contact: Clean Diesel Ann Ruple, CFO +1 203 327-7050 Technologies, aruple@cdti.com Inc. Abchurch Justin Heath +44 20 7398 7700 Communications Franziska franziska.boehnke@abchurch-group.com (financial press Boehnke enquiries) Matter Jacqueline +1 978-499-9250 x236 Communications Volovich jackie@matternow.com (technical press inquiries) The press release can be downloaded from the following link:


 

Seasoned Executive Brings Proven Leadership and Global Finance Expertise TORONTO, ONTARIO--(Marketwire - October 01, 2007) - Nortel(1) (TSX: NT)(NYSE: NT) President and CEO Mike Zafirovski today announced the appointment of Pavi S. Binning as Executive Vice President and Chief Financial Officer (CFO), effective November 12, 2007. Binning is a senior executive with more than 25 years of financial experience, including chief financial officer positions at Hanson PLC and Marconi PLC. "We conducted a thorough global search for our new CFO because I wanted the right candidate for the job. We found that with Pavi Binning," said Mike Zafirovski. "With the appointment of Pavi - a proven leader with extensive expertise in operational execution and a track record of excellence - Nortel reaffirms its commitment to fielding a finance organization that is second to none. With the foundation now firmly in place, Pavi will move the yardstick to the next level in our finance transformation further enabling us to compete and win in the market." While at Marconi, Binning was responsible for building a strong financial function, as well as working with the Chief Executive Officer on creating strategic and operational improvements and executing a corporate turnaround. During his tenure the company became a profitable, cash-flow positive business. Binning will also be appointed Executive Vice President and CFO of Nortel Networks Limited, Nortel's principal operating subsidiary. Binning will be based in Toronto. David Drinkwater, who has been acting CFO, will return to the position of Chief Legal Officer (CLO). Gordon Davies, who has been acting CLO, will return to the position of General Counsel - Corporate and Corporate Secretary. "I believe that Nortel will be one of the most significant turnaround stories in corporate history, and I am excited to be part of it," said Binning. "They have already made tremendous progress and they have strong customer and partner momentum which suggests that people want them to succeed. There are many challenges ahead but I am looking forward to competing and winning as part of this strong, passionate leadership team." Binning will also be appointed Executive Vice President and CFO of Nortel Networks Limited, Nortel's principal operating subsidiary. Binning will be based in Toronto. David Drinkwater, who has been acting CFO, will return to the position of Chief Legal Officer (CLO). Gordon Davies, who has been acting CLO, will return to the position of General Counsel - Corporate and Corporate Secretary. About Nortel Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news. Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates", "targets", "envisions", "seeks" and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Contacts: Media Nortel Jay Barta (972) 685-2381 Email: jbarta@nortel.com Nortel Mohammed Nakhooda (647) 292-7180 Email: mohammna@nortel.com Website: www.nortel.com


 

We refer to our press-release of 7 March 2007, and are pleased to inform that "Sea Ocelot" (a 10,800 BHP AHTS-vessel) today has been delivered from Jaya Shipbuilding & Engineering Pte Ltd in Singapore. Deep Sea Supply Plc has a 1 year firm bareboat charter agreement with owners, Java Marine Lines Pte Ltd, and has also secured a purchase option at the end of the 1 year BB charter. "Sea Ocelot" is the 3rd of 5 AHTS newbuildings from Jaya Shibuilding, and the 7th newbuilding delivered to Deep Sea Supply this year. 1 October 2007 Deep Sea Supply Management AS


 

Kaupthing Bank has been granted a licence to operate a branch in the Qatar Financial Centre (QFC). Kaupthing Bank is the first Nordic bank to receive an operating licence in this jurisdiction. Kaupthing will initially focus on providing investment banking service in the region, as well as arranging wealth management services. This is Kaupthing's second branch license in the region, as Kaupthing already has a licence in the Dubai International Financial Centre. Both of the branches will be managed by Umar Ali, Managing Director of Kaupthing's Middle East operations. For further information please contact: Umar Ali, Managing Director of Kaupthing Middle East, +44 773 979 0449 Jónas Sigurgeirsson, Chief Communications Officer, +354 444-6112 About Kaupthing Bank Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and high net worth individuals. These services include corporate banking, investment banking, capital markets services, treasury services and asset management and comprehensive wealth management for private banking clients. The bank operates in ten countries, including all the Nordic countries, Luxembourg, Switzerland, the UK and the US. In addition, the bank operates a retail franchise in Iceland, where it is headquartered. Based on Kaupthing's market capitalisation of EUR 9.9 billion as of 31 August 2007, the bank is currently the seventh largest bank in the Nordic region. Through strong organic growth and strategic acquisitions, such as the acquisition in Denmark of FIH Erhvervsbank in 2004 and the acquisition of the UK-based bank Singer & Friedlander in 2005, Kaupthing has successfully increased both the product and geographic diversification of its operations. As of 30 June 2007 the bank has 2,970 employees and total assets of EUR 54.3 billion. www.kaupthing.com


 

Þorgerður Katrín Gunnarsdóttir, menntamálaráðherra, og Árni Pétur Jónsson, forstjóri Vodafone skrifuðu á fimmtudag undir samning þess efnis að Vodafone sjái um reksturs stærsta víðnets landsins næstu ár fyrir Menntamálaráðuneytið. Um er að ræða tölvunet sem tengir saman alla framhaldsskóla landsins og símenntunarstöðvar um allt land, samtals um 70 menntastofnanir, að því er segir í frétt frá félaginu. Samningurinn er gerður að undangengnu útboði Ríkiskaupa, þar sem fjögur fjarskiptafyrirtæki sóttust eftir viðskiptunum. Við mat á innsendum tilboðum voru ýmsir þættir þeirra skoðaðir, þ.m.t. þjónustustig, áreiðanleiki, verð þjónustunnar og þekking starfsmanna. Að loknum þeim samanburði ákváðu Ríkiskaup að semja við Vodafone til næstu þriggja ára en því til viðbótar er heimilt að framlengja samningstímann þrisvar sinnum um eitt ár í senn. Árni Pétur Jónsson segir það mikla viðurkenningu fyrir Vodafone að hafa verið valið til að sinna þessari mikilvægu þjónustu, þrátt fyrir að hafa ekki boðið lægsta verðið. ?Við fögnum því að horft sé til þjónustustigsins, þekkingarinnar og reynslunnar en ekki eingöngu verðsins. Við leggjum áherslu á að veita góða þjónustu, burtséð frá því hvaða tækni býr að baki henni, og þessi niðurstaða Ríkiskaupa er staðfesting á því að slíkt kunna viðskiptavinir okkar að meta,? segir Árni Pétur. Með tilkomu samningsins getur Vodafone nýtt fjarskiptakerfi sitt um allt land enn betur en ella, sem auðveldar fyrirtækinu að tryggja virka samkeppni í fjarskiptaþjónustu á landsbyggðinni eins og Vodafone stefnir að. Vodafone á Íslandi er fjarskiptafyrirtæki í eigu Teymis hf. sem skráð er á OMX Nordic Exhange á Íslandi. Starfsmenn Vodafone eru um 350 talsins og þjónusta viðskiptavini á heimilum og hjá fyrirtækjum um land allt með farsíma, síma, nettengingar og sjónvarp. GSM þjónusta Vodafone nær til 98% landsmanna og með samstarfi við Vodafone Group, eitt öflugasta fjarskiptafyrirtæki í heimi, er viðskiptavinum Vodafone tryggð örugg farsímaþjónusta um allan heim.


 

SAN FRANCISCO, CA--(Marketwire - October 01, 2007) - Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG) announced the signing of an agreement to acquire Westwind Partners, a full service, institutionally oriented, independent investment bank focused on the energy and mining sectors. An investor/analyst conference call has been scheduled for October 1, 2007 at 5:00 a.m. (Pacific) and 8:00 a.m. (Eastern). Westwind, founded in 2002 and headquartered in Toronto, has offices in Calgary, Montreal and London with approximately 100 employees. A leader in the energy and mining sectors, Westwind's investment banking team has executed over $17.0 billion in capital raising transactions during the last five years and has been lead or co-lead manager of over 140 transactions. With over 20 senior trading and sales professionals and 14 publishing analysts, Westwind's brokerage group covers over 120 companies in 6 sectors. "I am pleased to announce the acquisition of Westwind and am looking forward to Lionel Conacher, Westwind's CEO and President, joining us as President of Thomas Weisel Partners," said Thomas Weisel, CEO and Chairman. "This acquisition will give us access to the energy and mining sectors which are key verticals to expanding internationally and highly complementary to our existing coverage universe. Companies in these sectors are prodigious capital raisers, and our growth brand applied to these sectors is a powerful combination." "Culturally, the Westwind team is very much like our own," Thomas Weisel continued, "they are principled, entrepreneurial, passionate about helping growing companies access the capital markets, and dedicated to providing superior independent advice. Westwind views this transaction much like we do: a significant milestone in the building of the premier, global growth-focused investment bank." "My partners and I are looking forward to joining Thomas Weisel Partners and we are very excited by the prospect of leveraging the TWP brand in Canada and abroad," said Lionel Conacher, CEO and President of Westwind. "This transaction comes at an opportune time for the Westwind franchise. Energy and mining have been the major drivers of financings in Canada since 2002. More than 50% of all funds raised in Canada year-to-date have been in these areas and we expect these trends to continue into the future. The resource sectors are an excellent international platform for growth. We see tremendous opportunities to significantly expand Westwind's business in Canada and Europe and potential to leverage Westwind's expertise in energy and mining in the U.S." Transaction Highlights -- Transaction Terms. Thomas Weisel Partners will acquire Westwind for $146.7 million based on the closing share price on September 28, 2007, consisting of $45 million in cash and 7.009 million shares of TWPG common stock. Closing of the transaction is expected to occur in January 2008 and is subject to customary closing conditions, including regulatory approvals and approval by Thomas Weisel Partners' shareholders. -- Expanding Vertical Platform. By combining the alternative energy team brought on in early 2007 with Westwind's already developed mining and energy teams, we are greatly expanding our vertical footprint. The profile of Westwind's clients is consistent with our core clients in terms of stage of life, need for financing and entrepreneurial sprit. The average market cap of Westwind's coverage universe is approximately $600 million. Westwind has built an international practice in mining and energy that is well positioned with respect to current macro global demand. -- Expanding Globally. With Westwind's presence in Toronto, Calgary and Montreal, this acquisition expands our geographic reach into Canada, whose public and venture capital markets fund thousands of entrepreneurial companies. Westwind's London office jump starts our investment banking efforts in Europe on the heels of our recent institutional sales build-out in London and Zurich and we would expect to continue to expand our footprint in Europe. -- Expanding Talent Pool. In addition to Lionel Conacher, CEO and President of Westwind, we have gained a team of over 20 accomplished bankers, including David Beatty, co-founder of Westwind and head of the mining practice, Kevin Tomlinson, a London-based mining banker, and Alex Wylie and Paul Colucci, senior energy bankers based in Calgary and London, respectively. On the brokerage side, we add strong equity distribution capability with over 20 sales and trading professionals, including Ross McMaster, Alec Rowlands and J.P. Veitch. -- One Combined Firm. The combined firm will have offices in the U.S., Canada, the U.K., Switzerland and India, with approximately 150 bankers worldwide focusing on the technology, consumer, healthcare, internet & media, energy and mining sectors. With virtually no coverage overlap, the combined firm's research universe will include coverage of approximately 700 stocks. -- Projected Impact. We expect Westwind to add between $100 and $110 million to our revenues and between $0.17 and $0.25 to non-GAAP diluted earnings per share in 2008. If this transaction had occurred at the beginning of 2007, we would have expected, for the full year 2007, Westwind to add between $85 and $90 million to our revenues and between $0.17 and $0.21 to non-GAAP diluted earnings per share. These expected non-GAAP diluted earnings per share increases are calculated based on the current consensus of Wall Street analysts for our 2007 and 2008 fiscal years. These non-GAAP diluted earnings per share amounts exclude expected transaction-related expense of (i) $0.23 to $0.25 per diluted share of tax-affected amortization of intangibles and (ii) $0.01 per diluted share of tax-affected one-time charges. In addition, because we have historically excluded our IPO award expense from our non-GAAP diluted earnings per share, the non-GAAP diluted earnings per share amounts have also been adjusted upwards by $0.03 in order to account for the effect of the issuance of additional shares as transaction consideration. If these transaction-related expenses were not excluded and we did not make this IPO award related adjustment, the transaction would be expected to affect diluted earnings per share by an amount ranging from a decrease of $0.04 to an increase of $0.04 in 2008. Similarly, had the transaction occurred at the beginning of 2007, it would be expected to reduce diluted earnings per share for full year 2007 by $0.05 to $0.01. Thomas Weisel Partners Group, Inc.'s financial advisor on the transaction was its wholly-owned subsidiary, Thomas Weisel Partners LLC. Keefe, Bruyette & Woods rendered a fairness opinion in conjunction with the transaction; and the legal advisors to Thomas Weisel Partners were Sullivan & Cromwell LLP and Stikeman Elliott LLP. Westwind Capital Corporation's wholly-owned subsidiary Westwind Partners, advised on the transaction and legal services were provided by Davies Ward Phillips & Vineberg LLP. Key Statistics - Westwind Partners -- Investment bank focused on institutional growth clients -- Founded in 2002 -- Headquartered in Toronto -- Additional offices in Calgary, Montreal and London -- 108 employees -- 26 investment banking professionals -- 14 publishing research analysts covering more than 120 companies in six sectors -- 22 sales and trading professionals -- Sector expertise includes: -- Energy: approximately 30% of total revenue for the 6 months ended June 2007; 53 companies under coverage -- Mining: approximately 50% of total revenue for the 6 months ended June 2007; 34 companies under coverage -- Other sector focus includes technology, media & entertainment, real estate and special situations -- Over 400 institutional sales accounts, with approximately 40% of accounts located outside Canada -- Revenue split: approximately 80% investment banking, 20% brokerage. Historically, 80% - 85% of investment banking revenues relate to capital raising transactions, while 15% - 20% are from M&A advisory services. -- LTM Revenue 6/30/07: $74 million -- Projected 2007 Revenue: $85 - $90 million -- Projected 2008 Revenue: $100 - $110 million Conference Call Thomas Weisel Partners Group, Inc. will host a conference call on October 1, 2007 at 8:00 a.m. Eastern (5:00 a.m. Pacific) to discuss the acquisition of Westwind Partners. The conference call may include forward-looking statements, including guidance as to future results. All interested parties are invited to listen to Thomas Weisel Partners' Chairman and CEO, Thomas W. Weisel, Westwind Partners' CEO and President, Lionel Conacher, and Thomas Weisel Partners' Chief Operating Officer and CFO, David Baylor, by dialing 888/713-4515 (domestic) or 913/312-1376 (international). The confirmation code for both the domestic and international lines is: 4392640. A live webcast of the call will be available through the Investor Relations/Webcasts section of our website, www.tweisel.com. For those who cannot listen to the live broadcast, a replay will be available on this site following the call. To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software. About Thomas Weisel Partners Group, Inc. Thomas Weisel Partners Group, Inc. is an investment bank, founded in 1998, focused principally on the growth sectors of the economy. Thomas Weisel Partners Group, Inc. generates revenues from three principal sources: investment banking, brokerage and asset management. The investment banking group is comprised of two disciplines: corporate finance and strategic advisory. The brokerage group provides equity and convertible debt securities sales and trading services to institutional investors, and offers brokerage, advisory and cash management services to high-net-worth individuals and corporate clients. The asset management group consists of: private equity, public equity and distribution management. Thomas Weisel Partners is headquartered in San Francisco with additional offices in Baltimore, Boston, Chicago, Cleveland, New York, Portland, Silicon Valley, London and Mumbai. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements, which are subject to risks, uncertainties and assumptions about us. In some cases, you can identify these statements by forward-looking words such as "may", "might", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "optimistic", "potential", "future" or "continue", the negative of these terms and other comparable terminology. These statements are only predictions based on our current expectations about future events. There are important factors that could cause actual results, level of activity, performance or achievements or other events or circumstances to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements. These factors include, but are not limited to, Thomas Weisel Partners' and Westwind Partners' ability to complete the transaction in a timely manner or at all, implement their strategic initiatives and achieve the expected benefits of the transaction, integrate their operations and retain their professionals, as well as competitive, economic, political, and market conditions and fluctuations, government and industry regulation, other risks relating to the transaction, including the effect of the announcement of the transaction on the companies' business relationships, operating results and business generally and other factors. Some of the other factors are those that are discussed in Item 1A -- "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2005 and in our Quarterly Reports on Form 10-Q filed with the SEC thereafter. We do not assume responsibility for the accuracy or completeness of any forward-looking statement and you should not rely on forward-looking statements as predictions of future events. We are under no duty to update any of these forward-looking statements to conform them to actual results or revised expectations. Additional Information Further information about the exclusion of IPO award expense in calculating our non-GAAP results is included in the periodic reports we file with the SEC, which are available free of charge at the SEC's web site at www.sec.gov and at the Investor Relations section of www.tweisel.com. Further information regarding the non-GAAP financial measures described herein is set forth in the investor presentation relating to the Westwind transaction that is posted on the Investor Relations/Webcasts section of www.tweisel.com Thomas Weisel Partners will be filing a proxy statement and other relevant documents relating to the acquisition of Westwind Partners with the Securities and Exchange Commission (the "SEC"). Shareholders of Thomas Weisel Partners are urged to read the Proxy Statement and any other relevant documents filed with the SEC when they become available because they will contain important information. Investors and shareholders can obtain free copies of the proxy statement and other documents when they become available (i) by calling Investor Relations at 415-364-2500, (ii) by going to the Investor Relations section of www.tweisel.com or (iii) by mailing a request to Thomas Weisel Partners, Investor Relations, One Montgomery Street, San Francisco, CA 94104. In addition, documents filed with the SEC by Thomas Weisel Partners are available free of charge at the SEC's web site at www.sec.gov. Thomas Weisel Partners and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Thomas Weisel Partners in connection with the proposed transaction. Information regarding Thomas Weisel Partners' directors and executive officers is available in Thomas Weisel Partners' Annual Report on Form 10-K for the year ended December 31, 2006, which was filed with the SEC on March 16, 2007, and its Proxy Statement for its 2007 Annual Meeting of Shareholders, which was filed with the SEC on April 12, 2007. These documents are available free of charge at the SEC's web site at www.sec.gov and from Investor Relations at Thomas Weisel Partners as described above. Additional information regarding the interests of such potential participants will be included in the proxy statement and the other relevant documents filed with the SEC when they become available. Investor Relations Contact: Deborah Lightfoot 415-364-2500 investorrelations@tweisel.com Media Contact: Amanda Gaines-Cooke 415-364-2500 amandagainescooke@tweisel.com


 

Svar tækni ehf. hefur undirritað samning við Skýrr um innleiðingu á viðskiptatengslakerfinu Microsoft Dynamics CRM. Kerfið heldur utan um öll innri og ytri samskipti er tengjast þjónustu, markaðsmálum, sölu og fjárhag, að því er fram kemur í frétt frá Skýrr.?Skýrr er með sterkan hóp ráðgjafa á sviði CRM og hefur skapað sér orðspor sem áreiðanlegur samstarfsaðili í upplýsingatækni. Fyrirtækið leggur mikla áherslu á fyrsta flokks þjónustu og við teljum okkur í góðum höndum," segir María Rúnarsdóttir hjá Svar tækni í fréttinni.


 

Update September 24-28 Amsterdam (October 1, 2007) - Wolters Kluwer, a leading global information services and publishing company, today announces that in line with the launch of its ¤475 million share buy-back program on June 15, 2007, the company has repurchased 605,964 ordinary shares in the period September 24 until September 28, 2007. Shares were repurchased at an average price of ¤20.78 for a total amount of ¤12.6 million. For detailed information on the daily repurchased shares, see the Wolters Kluwer website at http://www.wolterskluwer.com/WK/Investors/Share+Information/Share+Buy-back+Program/ The total number of shares repurchased under this program to date is 17,797,159 ordinary shares for a total consideration of ¤387.7 million. About Wolters Kluwer Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2006) of ¤3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com. Contact: Caroline Wouters Kevin Entricken Vice President, Vice President, Corporate Communications Investor Relations Wolters Kluwer nv Wolters Kluwer nv + 31 (0)20 6070 459 + 31 (0)20 6070 407 press@wolterskluwer.com ir@wolterskluwer.com Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect," "should," "could," "shall," and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


 

Wavefield Inseis today announces that they have exercised their option to purchase the remaining shares of Norwegian optical sensor specialist Optoplan AS from former owner Weatherford. The option was available until the end of 2008 and was part of the original deal when the company purchased an initial 35% of Optoplan in December 2006. The 100% ownership has been accelerated so that the company can aggressively move ahead with bringing to market the Optowave 4C permanent OBC system which has been developed by Optoplan and developing further applications of their optical sensing technology. "During the period of shared ownership with Weatherford we have gained sufficient confidence in Optoplan's best in class employees and unique IP portfolio to take this to the next level." stated Wavefield Inseis CEO Atle Jacobsen. "The fibre optic reservoir monitoring system is developed to a fully commercial product complete with high volume manufacturing. This generates a solid platform for us to further develop the company into a world leader in optical sensing technology for the E&P industry." The CEO of Optoplan, Morten Eriksrud had this to say of the purchase: "The new ownership in Optoplan will give us a unique opportunity to access the seismic market with our fiber optic sensing technology. With it's aggressive marketing strategy, Wavefield Inseis is a perfect partner for us" About Wavefield Inseis ASA Wavefield Inseis ASA is a Norwegian marine geophysical company providing proprietary data acquisition services and offers a portfolio of non-exclusive Multi Client data to the global exploration community, developed in partnership with oil companies and governments. Our range of products includes long offset 2D, high capacity 3D, 4D, Multi-azimuth and Wide-azimuth data acquired with highly specified vessels and the latest seismic equipment. From our main offices in Bergen and Oslo, Norway, and our other locations in London, Houston and Perth, Wavefield Inseis has a global reach, with activities in the Americas, Europe, Africa, the Middle East and Asia. For further information contact: Rick Donoghue, Vice President Marketing and Sales, Wavefield Inseis ASA Tel: +44 1293 897466 Email: rick.donoghue@wavefield-inseis.com Atle Jacobsen, CEO, Wavefield Inseis ASA Tel: +47 56 11 48 00 Email: atle.jacobsen@wavefield-inseis.com


 

STOCKHOLM, SWEDEN -- (MARKET WIRE) -- 10/01/07 -- Cisco(R) (NASDAQ: CSCO) announced today that Scandinavian 3G mobile services provider, 3 Scandinavia, is building a new mobile core network based on Cisco Internet Protocol Next-Generation Network (IP NGN) technology. The network, which is being implemented by Atea, a Cisco Gold Certified Partner, will support the strong growth in mobile broadband traffic over the 3 network that has resulted from the successful launch of 3's Turbo 3G service. In the second quarter of 2007, 3 had 44 percent market share in the Swedish mobile broadband market (Source: IT-research AB). 3's Turbo 3G is a High-Speed Downstream Packet Access (HSDPA) service which offers speeds up to 7.2 megabits per second, making it possible for mobile users to enjoy the same Internet access bandwidths as fixed-line broadband users. The Cisco mobile core IP network connects users of the Turbo 3G service to the Internet and 3's broadband data services. With significant increases in the number of subscribers using 3's Turbo 3G services, the network upgrade will provide the optimum network performance and capacity to maintain a continuously high quality of service for current mobile broadband users and meet the increasing demand from new customers. "The number of users of mobile broadband is continuing to increase rapidly," said Peder Ramel, group chief executive officer of 3. "We are keeping a step ahead by expanding the mobile core IP capacity to satisfy this demand and provide room for future growth and innovation. By investing in an IP Next-Generation Network from Cisco, we can continue to offer world-class Turbo 3G services with the capacity to support multimedia applications such as music downloads and video streaming." "We are seeing the emergence of mobile operators like 3 take the lead in developing the next generation of mobile broadband services," said Sverker Hannervall, general manager of Cisco Sweden. "The popularity of services from 3 shows that mobile broadband has progressed from being a supplement to fixed broadband services to being a potential replacement. This poses completely new network design and service control challenges to mobile network operators. With the demands for HSDPA broadband mobile traffic booming, the Cisco solution is designed to help operators keep control of capital and operational expenditure in the mobile network." "This important project is the result of our successful long-term collaboration with 3," said Lars Pettersson, managing director of Atea Sverige AB. "We have proven our ability to deliver the expertise on Cisco technology that is laying the foundation for Turbo 3G." The solution is based on Cisco 7600 Series Routers in a fully redundant architecture, with functions duplicated to help ensure high availability. Cisco 7600 Series Routers support throughputs of up to 10 gigabits per second with integrated high-density Carrier Ethernet switching and IP/Multiprotocol Label Switching (MPLS) routing, making it possible for operators to deliver both consumer and business services over the same network. About 3 3 is the world's leading provider of 3G and Mobile Broadband services with almost 16 million customers in nine countries. 3 Scandinavia is a joint venture between Hutchison-Whampoa Limited in Hong Kong (60 %) and Investor AB in Stockholm, Sweden (40 %). 3 Scandinavia operates networks in Sweden and Denmark and holds a license in Norway. For more information, see www.tre.se or www.three.com. About Atea Atea is Sweden's leading independent supplier of IT infrastructure. The company consists of more than 1000 employees at 25 locations from Malmoe in the south to Lulea in the north, and a turnover of SEK 6300 million. Atea is part of the Ementor Group, which is noted on the Oslo Stock Exchange and has a total of 3300 employees at 50 locations in Sweden, Denmark, Finland, Norway and Latvia. Ementor is the largest supplier of IT infrastructure in Scandinavia and the third largest in Europe, with a turnover of just over SEK 15000 million in 2006. About Cisco Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Cisco news and information are available at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco equipment in Europe is supplied by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc. Cisco, the Cisco logo and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information. For direct RSS Feeds of all Cisco news, please visit "News@Cisco" at the following link: http://newsroom.cisco.com/dlls/rss.html For more information, please contact: Sverker Hannervall General Manager Cisco Sweden +46 70 605 90 06 shannerv@cisco.com Erik Hoernfeldt PR & Information 3 +46 73 533 74 04 erik.hornfeldt@tre.se Lars Pettersson Managing Director Atea Sverige AB +46 8 477 47 10 lars.pettersson@atea.com European Contacts: Press Contact (Europe): JoAnne Hughes Cisco Systems +44 (0)20 8824 0314 joahughe@cisco.com Analyst Contact: Michal Halama Cisco Systems +44 (0)20 8824 0511 mhalama@cisco.com Investor Relations Contact: Andreas Goldau Cisco Systems +44 (0)20 8824 8209 agoldau@cisco.com


 

Wärtsilä Corporation Trade and Technical Press Release 1 October 2007 Wärtsilä has introduced a new, "-D" version of its RT-flex50 low-speed marine engine type with a higher power rating and lower fuel consumption compared with the existing "-B" version. The maximum continuous power output of the RT-flex50 has been raised by 5.1% from 1660 to 1745 kW/cylinder (2260 to 2375 bhp/cylinder) in the "-D" version at the same running speed of 124 rpm. Thus, with five to eight cylinders in-line, the RT-flex50 in the "-D" version covers a power range of 6100-13,960 kW (8300-19,000 bhp) at 99-124 rpm. At the same time the brake specific fuel consumptions (BSFC) have been reduced by 2 g/kWh. Thus at the maximum continuous rating R1, the full-load BSFC has been reduced from 171 to 169 g/kWh. This fuel saving is made possible by employing the latest, higher-efficiency turbochargers in the "-D" version. Advantage can also be taken of the flexibility provided by the layout field for engine power and speed to obtain greater fuel savings. For example if a "-D" engine is derated to the same cylinder power output as the "-B" version, then the BSFC at full load is reduced by 4.5 g/kWh compared with the "-B" version. For a typical bulk carrier with a six-cylinder RT-flex50 engine this can translate into annual savings of USD 76,000 when operating for 6000 running hours a year with heavy fuel oil costing USD 300/tonne. Even greater savings are possible if the engine is derated to a lower running speed (rpm) at the derated power to gain the benefits of a better propulsion efficiency. Wärtsilä RT-flex50 engines are aimed at the propulsion of a variety of ship types, including bulk carriers from handymax to panamax sizes, product tankers, multipurpose cargo carriers, feeder container vessels, etc. The RT-flex50 incorporates the latest electronically-controlled common-rail technology for fuel injection and valve actuation. The new technology provides great flexibility in engine setting, bringing benefits in lower fuel consumption, lower minimum running speeds, smokeless operation at all running speeds, and better control of other exhaust emissions. Overall the RT-flex50 engines meet the market needs for outstanding reliability, high efficiency, compactness and ease of installation. As with all new marine engines nowadays, RT-flex50 engines are fully compliant with the NOx emission regulation of Annexe VI of the MARPOL 1973/78 convention. The Wärtsilä RT-flex50 has been very successful in the market, being well received by shipowners and shipbuilders alike. The first engine entered service in January 2006 and by the end of August 2007, a total of 157 engines aggregating 1604 MW (2,180,900 bhp) were delivered or on order. Wärtsilä RT-flex50 engines have been ordered for newbuildings contracted with shipyards in China, Croatia, Germany, India, Japan, Korea, Argentina and Vietnam for owners in various countries including China, Greece, Scandinavia, Germany, India, Japan and the Netherlands. They comprise 38 seven- and 119 six-cylinder engines, the newbuildings being mainly 50,000 to 80,000 dwt bulk carriers and 37,000 to 60,000 dwt product tankers, together with a number of feeder container ships, car carriers and LPG carriers. Key parameters of Wärtsilä RT-flex50 marine diesel engines +-------------------------------------------------------------------+ | Engine version: | B | D | | |------------------------+-------------+-------------+--------------| | Cylinder bore: | 500 | 500 | mm | |------------------------+-------------+-------------+--------------| | Piston stroke: | 2050 | 2050 | mm | |------------------------+-------------+-------------+--------------| | Stroke/bore ratio: | 4.1 | 4.1 | | |------------------------+-------------+-------------+--------------| | Power, R1 MCR: | 1660 | 1745 | kW/cylinder | |------------------------+-------------+-------------+--------------| | | 2260 | 2375 | bhp/cylinder | |------------------------+-------------+-------------+--------------| | Speed range, R1: | 124 | 124 | rev/min | |------------------------+-------------+-------------+--------------| | Mean effective | 20.0 | 21.0 | bar | | pressure at R1: | | | | |------------------------+-------------+-------------+--------------| | Mean piston speed at | 8.5 | 8.5 | m/s | | R1: | | | | |------------------------+-------------+-------------+--------------| | Numbers of cylinders: | 5 to 8 | 5 to 8 | | |------------------------+-------------+-------------+--------------| | Power range: | 5800-13,280 | 6100-13,960 | kW | |------------------------+-------------+-------------+--------------| | | 7900-18,080 | 8300-19,000 | bhp | |------------------------+-------------+-------------+--------------| | BSFC at full-load R1 | 171 | 169 | g/kWh | | rating: | | | | |------------------------+-------------+-------------+--------------| | | 126 | 124 | g/bhph | +-------------------------------------------------------------------+ Link to pictures Caption 1: The 37,000 dwt product tanker "Aristidis" is powered by a six-cylinder Wärtsilä RT-flex50 main engine. (Copyright: Capital Ship Management Corp.) Caption 2: Six-cylinder Wärtsilä RT-flex50 engine. Media contact: Marit Holmlund-Sund Public Relations Manager Wärtsilä Corporation Direct tel: +358 10 709 1439 Direct fax: +358 10 709 1425 e-mail: marit.holmlund-sund@wartsila.com Internet: www.wartsila.com Notes to the editor: Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 15,000 professionals manning 130 Wärtsilä locations in close to 70 countries around the world. www.wartsila.com


 

Board member Einar J. Greve has today exercised his right to have issued 500,000 shares at NOK 53.41 per share. The Company has decided to pay cash compensation instead of issuing new shares equal to the difference between the closing price on Oslo Stock Exchange (NOK 60.00) and the mentioned strike price. After this, Mr. Greve holds no shares or options/warrants in Songa Offshore ASA.


 

ING announced today that, in line with the launch of its EUR 5.0 billion share buy back programme on 4 June 2007, the company has repurchased 3,113,544 (depositary receipts for) shares during the week of 24 September until 1 October. The (depositary receipts for) shares were repurchased at an average price of EUR 30.78 for a total amount of EUR 95,824,505.50. For detailed information on the daily repurchased shares, see the ING website at www.ing.com/investorrelations. The total number of (depositary receipts for) shares repurchased under this programme to date is 52,370,698 ordinary shares for a total consideration of EUR 1,658,196,512.55. To date approximately 33.2% of the repurchase programme has been completed. The repurchase programme is expected to run until June 2008. +-------------------------------------------------------------------+ | Press enquiries: | | Carolien van der Giessen, +31 20 541 6522, | | carolien.van.der.giessen@ing.com | +-------------------------------------------------------------------+ ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce in excess of 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.


 

Oslo, Norway, 1 October 2007 - Algeta ASA (OSE: ALGETA), the Norwegian cancer therapeutics company, announces that Dr. Thomas Ramdahl, President and CEO of Algeta, will give presentations at two leading international biotech investor conferences during the next two weeks. On Tuesday, 2 October, Dr. Ramdahl will present at the 7th Annual Biotech in Europe Investor Forum to be held at the Swissôtel Zürich, Switzerland. The presentation will be at 12:00 Central European Time in the meeting room "Zurich". In addition, Dr. Ramdahl will present at the 4th Annual BIO Investor Forum to be held at the Palace Hotel, San Francisco, CA, USA. The presentation will take place at 16:45 Pacific Standard Time in the "Telegraph" room. In his presentations, Dr. Ramdahl will discuss the significant progress Algeta has made in the clinical development of its lead product candidate, Alpharadin. In Phase II trials, Alpharadin treatment has demonstrated a statistically significant survival benefit in patients with metastatic, hormone-refractory prostate cancer with a more than doubling of the two-year survival rate, as well as a benign side effect profile. Algeta is currently preparing Alpharadin to enter Phase III trials in 2008. Dr. Ramdahl will also discuss Algeta's unique technology platform for the development of a pipeline of internally targeted alpha particle based radiotherapies as potential new treatments for a range of cancers. Algeta will also be present at the 15th Annual BioPartnering Europe meeting, which takes place in London, UK from 7-9 October, 2007. A copy of Algeta's current corporate presentation is available on www.algeta.com. ### For further information, please contact Dr. Thomas Ramdahl, CEO +47 23 00 79 90 / +47 913 91 458 (mob) Geir Christian Melen, CFO +47 23 00 79 84 / +47 913 02 965 (mob) post@algeta.com About Algeta Algeta ASA is a Norwegian cancer therapeutics company built on world-leading, proprietary technology. Algeta is developing new, targeted cancer therapeutics that harness the unique characteristics of alpha particle emitters and are potent, well-tolerated and convenient to use. Algeta's lead product candidate, Alpharadin, is expected to enter Phase III clinical trials in hormone refractory prostate cancer based on positive Phase II results. Alpharadin is a novel bone-seeking therapeutic based on the alpha particle emitter radium-223 and may target skeletal metastases from multiple cancer types, as well as primary bone cancers. Algeta is also developing other technologies for delivering alpha emitters. These include microparticles, liposomes, and methods to enhance the potency of therapeutic antibodies and other tumor-targeting molecules by linking them to the alpha particle emitter thorium-227. The Company is headquartered in Oslo, Norway, and was founded in 1997. Algeta listed on the Oslo Stock Exchange in March 2007 (Ticker: ALGETA). Alpharadin and Algeta are trademarks of Algeta ASA. Forward-looking Statement This news release contains forward-looking statements and forecasts based on uncertainty, since they relate to events and depend on circumstances that will occur in the future and which, by their nature, will have an impact on results of operations and the financial condition of Algeta. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. Theses factors include, among other things, risks associated with technological development, the risk that research & development will not yield new products that achieve commercial success, the impact of competition, the ability to close viable and profitable business deals, the risk of non-approval of patents not yet granted and difficulties of obtaining relevant governmental approvals for new products. ###


 

MEDUSA MINING LIMITED ABN: 60 099 377 849 Unit 7, 11 Preston Street Como WA 6152 PO Box 860 Canning Bridge WA 6153 Telephone: +618-9367 0601 Facsimile: +618-9367 0602 Email: admin@medusamining.com.au Internet: www.medusamining.com.au 1 October 2007 MEDUSA MINING LIMITED (AIM: MML) Co-O MINE EXPANSION Medusa Mining Limited ("Medusa" or the "Company"), the Australian based company operating and developing gold mines in the Philippines, advises that the Directors have approved a work programme to enhance the long-term future of the Co-O Mine by: * Sinking two new shafts; * Expanding the haulage capacity of the mine to 400 tonnes per day; * Accessing the recently discovered, high grade New Catto Veins as soon as possible; and * Installing grid power to the Co-O Mine. The benefits of these developments are: * Facilitatation of production increases; and * Re-inforcement of the long-term low cash cost target of approximately US$200 per ounce. Geoff Davis, Managing Director of Medusa commented: "These prioritised developments, when completed, will facilitate production increases and the maintaining of cash costs at approximately US$200 per ounce. It is important that they are commenced now for the future of the mine" Please cut and paste the link at the end of this annoucement into your web browser for the map that accompanies this release. Co-O Mine Expansion Programme The Company has prioritised the sinking of two new shafts and driving to access the New Catto Veins due to the success to date of the on-going drilling programme at the Co-O Mine and the recent resource and reserve upgrades at this mine, to 713,000 ounces and 256,000 ounces of gold respectively. Prioritising these developments requires assigning a proportion of the production miners and support personnel to these activities. Short-term production will be sacrificed and revised production forecasts concurrent with this aggressive development programme will be provided in the forthcoming quarterly report. A new internal inclined shaft to a vertical depth of 100 metres has been commenced from near the bottom of the existing 3W shaft. This will connect from the 3050 metre level down to the 2950 metre level. A new external inclined shaft to a vertical depth of 200 metres has been commenced at the eastern end of the vein system, as shown via the link at the end of the announcement, to access the New Catto Veins and other veins in that vicinity. The bottom of this shaft will be at the 2950 metre level and will be connected to the new internal inclined shaft (described above) at the 2950 metre level. This external shaft will be dedicated to ore haulage. A new horizontal drive approximately 150 metres long is being undertaken from the Central Vein on the 3000 metre level 50 metres below the 3W shaft southwards to intersect the Jereme and New Catto Veins 1 to 3. Providing ground conditions are reasonable, it is expected that first production from the New Catto Veins will be in the second quarter of 2008. The New Catto Vein 3 currently has a probable reserve of 45,000 ounces at 31.6 g/t gold and the New Catto Vein 1 has a probable reserve of 29,000 ounces at 50 g/t gold. Both veins are open in three directions. On completion of this development programme, the haulage capacity of the mine is projected to increase to 400 tonnes of ore per day plus waste haulage as required. Progress in developing the two new shafts will depend on ground conditions. Co-O Mine Grid Power Connection The Company expects to commence installation of a new power line along the ore haul road to carry grid power from the Co-O Millsite to the Co-O Mine in October. This should be completed in early 2008. The current estimated cost of the power line is approximately A$1million, which will reduce the cost of power by approximately 75% At current diesel powered electricity generation costs, the line is anticipated to have a pay- back period of less than one year. Completion of the power line will correspond with the completion of a new sub-station in the town of San Francisco, which is located approximately 25 kilometres to the north of the Co-O Plant. This will result in increased reliability of the power supply and upgrading of the line capacity to the project. Training, Recruitment and Medical Programmes Medusa operates continuous mining skills training programmes, which commenced approximately 18 months ago. Recruitment of skilled miners is on-going as the Company is aware of the fact that the Phillipines is not immune to the shortage of skilled personnel in the mining industry. Following the re-organisation of the mine work force during the last quarter and as part of the Company's duty of care and social responsibility, all mining personnel were required to undergo a full medical examination. Thirty one of the mining workforce, including some of the Company's leading development miners, did not pass the medical test, which together with the new expansion programme, will impact on the short term gold production profile. Medusa places a heavy emphasis on the health and welfare of its workforce and consequently is willing to accept short term reductions in gold production. These personnel have been placed on light duties or sick leave and all are expected to rejoin the workforce over the coming months. Enquiries: Medusa Mining Limited +61 8 9367 0601 Geoffrey Davis, Managing Director Roy Daniel, Finance Director Ambrian Partners +44 (0)20 7776 6417 Richard Brown / Richard Greenfield Bankside Consultants +44 (0)20 7367 8888 Michael Padley / Louise Davis Information in this report relating to Exploration Results is based on information compiled by Mr Geoff Davis, who is a member of The Australian Institute of Geoscientists. Mr Davis is the Managing Director of Medusa Mining Limited and has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Davis consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. ---END OF MESSAGE---


 

Odfjell Asia II Pte Ltd, Singapore, has declared an option to purchase Bow Santos (19, 997 dwt, stainless steel, built 2004 in Japan), that has been on timecharter to Odfjell since 2004. The vessel will be taken over by Odfjell Asia II Pte Ltd medio December 2007.


 


 

Glitnir will hosts its Capital Market Day on 1st of October in Oslo, Norway. The management of the Bank will introduce Glitnir's strategy, operations and outlook. A live broadcast of the Glitnir Capital Market can be accessed on Glitnir's web: www.glitnirbank.com on Monday as of 8:50 am (CET). Questions can be sent to the meeting via the web cast. For further information please contact, Vala Pálsdóttir, Head of Investor Relations, vala.palsdottir@glitnir.is or +354 844 4989. AGENDA Monday, 1 October Glitnir Capital Market Day at Hotel Continental 08:50 Welcome and introduction Bjørn Richard Johansen, Managing Director, Corporate Communication 09:00 Glitnir today Lárus Welding, CEO 09:30 Norway - Glitnir second home market Morten Bjørnsen, Executive Vice President, Nordic banking operations 10:00 Building on a strong market share in the equity market Sveinung Hartvedt, Executive Vice President, Capital Markets 10:30 Break 10:50 One group in eleven countries - the consolidation story Bala Kamallakharan, Executive Director, Strategic Growth 11:30 Break 13:00 In a strong position going into the second half of 2007 Alexander Guðmundsson, CFO 13:30 Glitnir niche approach - release the energy Alexander Richter, Associate, Sustainable energy team 14:00 Glitnir Property Group Frank Ove Reite, Executive Vice President, Strategic growth and Chairman of Glitnir Property Group 14:30 CEO's message Lárus Welding, CEO 14:45 Management Q&A session 15:15 End of Glitnir Capital Market Day Bjørn Richard Johansen, Managing Director, Corporate Communication


 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - September 28, 2007) - Silverstone Resources Corp. (TSX VENTURE: SST) ("Silverstone") is pleased to announce that it has closed its previously announced deal (June 6, 2007) with Lundin Mining to purchase all the silver production from Lundin Mining's Neves-Corvo and Aljustrel mines in Portugal for life of mine. Silverstone has purchased the silver for US$42.5 million in cash and issued 19,656,250 common shares (representing 19.1% of the outstanding shares) of Silverstone. The Silverstone common shares are subject to a 4 month hold period. In addition, Silverstone will make on-going per ounce payments at a price equal to the lesser of US$3.90 (subject to a 1% annual inflationary adjustment after three years and yearly thereafter), and the then prevailing market price per ounce of silver. In order to fund the US$42.5 million cash payment, in addition to US$28 million cash on hand, Silverstone has drawn down US$25 million of bank debt from Scotia Capital Inc. Scotia Capital Inc. acted as financial advisor to Silverstone with respect to this transaction. Capstone Mining Corp. ("Capstone") has also acquired control and direction over 8,000,000 common shares (representing 7.8% of the outstanding shares) of Silverstone. Capstone now has control and direction over a total of 20,464,053 common shares (representing 19.8% of the outstanding shares) of Silverstone. Capstone has special warrants to purchase an additional 2,747,428 common shares of Silverstone. If such warrants were exercised, Capstone would have control and direction over 21.9% of the outstanding shares of Silverstone. Capstone acquired the shares in connection with the silver purchase transaction between Capstone and Silverstone and has filed an Early Warning Report with Canadian Securities Commissions in respect of the acquisition. Copies of the report may be obtained from SEDAR at www.sedar.com. ABOUT SILVERSTONE Silverstone is a Canadian based public silver mining company with 100% of its revenue from silver production. More information is available online at: www.silverstonecorp.com. The TSX Venture Exchange has neither approved or disapproved of the contents herein. Contacts: Silverstone Resources Corp. Chris Tomanik (604) 637-8151 (604) 688-2180 (FAX) Email: ctomanik@silverstonecorp.com Website: www.silverstonecorp.com


 

NEWS RELEASE DATE: SEPTEMBER 28, 2007 FOR IMMEDIATE RELEASE TRADING SYMBOLS: TSX-V (Canada): WGP FRANKFURT: WE6.F GRANTING OF INCENTIVE STOCK OPTIONS VANCOUVER, Canada, September 28, 2007 TSX Venture Exchange Trading Symbol: WGP - Western GeoPower Corp., the "Company" announces the granting of 7,675,000 incentive stock options to purchase capital stock of the Company at a price of $0.27 per share for a period of five years under the Stock Option Plan, to its directors, officers, consultants and employees as approved by the Board on September 20, 2007. Corporate Overview Western GeoPower Corp. is a renewable energy company dedicated to the development of geothermal energy projects for the delivery of clean, baseload electricity generation. The Company is developing the 25.5 Megawatt (net) geothermal power plant at The Geysers Geothermal Field in Sonoma County, California, United States. The Company is also developing the South Meager Geothermal Project in British Columbia, Canada. On behalf of Western GeoPower Corp. "Kenneth MacLeod" Kenneth MacLeod, President & CEO Cautionary Note Regarding Forward-Looking Statements Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above that reflect the Company's expectations and projections about its future results. The Company has tried whenever possible to identify these forward-looking statements which include but are not limited to, words such as "anticipates," believes," "estimates," "expects," "plans," "intends," "potential," and similar expressions. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. The Company disclaims any obligation or intention to update or to revise any forward-looking statement, whether as a result of new information, future events or otherwise. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. This news release is not for dissemination in the United States of America or to United States of America news services. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For more information or to be put on our email list, please contact our office: (604) 662-3338 or US/Canada Toll Free: 1-866-662-3322, email: info@geopower.ca Investor Relations: IR@geopower.ca , --- End of Message --- Western GeoPower Corp. 837 West Hastings Street Suite 411 Vancouver, BC<br>V6C 3N6 Canada WKN: 254049; ISIN: CA95827Q1037; ;


 

CHEVY CHASE, MD--(Marketwire - September 28, 2007) - In Ireland, known for its gracious hospitality and as the "Land of 1000 Welcomes," the October 1, 2007 opening of The Ritz-Carlton, Powerscourt, County Wicklow, is yet another reason for travelers to discover the charms of the Emerald Isle in a region considered "The Garden of Ireland." An Taoiseach, Bertie Ahern, will cut the ribbon officially opening the hotel on Thursday, October 4, 2007. Located on ten country acres (four hectares) within a site first settled in the 12th century, the 200-room Palladian-inspired estate hotel blends history with traditional hospitality in County Wicklow. Situated amidst the magnificent Powerscourt Gardens, one of the country's premiere visitor attractions, the hotel's verdant natural setting will be enhanced by many luxurious attractions including a restaurant by renowned chef Gordon Ramsay, a 30,000 square foot (2,788 square meter) ESPA, and McGill's, an authentic Irish pub. Within a short drive from the city center of Dublin, The Ritz-Carlton, Powerscourt embraces the rich Anglo-Norman heritage of Ireland with all of the contemporary conveniences and features today's sophisticated traveler expects, including access to two on site championship golf courses. The Ritz-Carlton, Powerscourt, County Wicklow in Ireland is the first in the nation and the ninth European location as the award-winning company expands its global presence in Europe. The resort is being developed with ownership group, Treasury Holdings, a leading international property development company based in Dublin. "Ireland is one of the world's favorite destinations, whether to explore ancient castles, search for family heritage roots, or to enjoy the varied cultural attractions. As the economy of Ireland has flourished in recent years, many corporate travelers are coming to the country on frequent business trips or for conferences," said Simon F. Cooper, president and chief operating officer of The Ritz-Carlton Hotel Company, L.L.C. "We believe Powerscourt offers visitors the convenience of nearby Dublin city with the added benefit of the chance to discover the scenic beauty of the Wicklow countryside," he said. "The Ritz-Carlton reputation for exceptional guest service, coupled with the Irish tradition of a warm welcome is the perfect blend for a hotel which will cater to leisure, corporate and group guests," Cooper added. The seven-story hotel exhibits many Georgian influences in its design features from the impressive lobby located on the 4th floor of the hotel with panoramic views of the Powerscourt Gardens and the Sugarloaf Mountain to the layout of the spacious guestrooms and suites. Approximately 60 per cent of the rooms are suites of 700 square feet (68 square meters), the largest in Ireland. All of the furniture in the rooms was custom made for the hotel, which features relaxing color schemes blending pale blues and creams, greens and creams, as well as floor to ceiling windows. Every room in the hotel features wireless access for ease of communication. For guests seeking the finest accommodations and for special occasions, room choices may include the two Ritz-Carlton Suites with large terrace and outdoor hot tub overlooking the surrounding woodlands. And for the ultimate in luxury, The Presidential Suite -- at 2,500 square feet (232 square meters) includes a fireplace, two bedrooms, study, dining room and oversized bathroom with its own steam bath and sauna and a hot tub on the roof of the building, accessible by stairs directly from the suite's bedrooms. Unobstructed views of Sugarloaf Mountain add to the sense of indulgence and privacy. GORDON RAMSAY RESTAURANT Long known as one of the world's most successful and talented chefs, Gordon Ramsay will open his first restaurant in Ireland at The Ritz-Carlton, Powerscourt. His signature dishes including roast sea scallop with crisp pork belly and a tagliolini carbonara in addition to loin of Wicklow venison with pickled red cabbage, chocolate gnocchi and red wine sauce can be savored by guests in a setting as impressive as the menu selections. Floor to ceiling windows overlook the Sugarloaf Mountain and al fresco terrace dining will be available during the summer months. Inside the restaurant, plush dark green and yellow floral carpets, wooden floors, celadon green painted walls, and dark wood chairs with floral rose fabrics will offer a stylish atmosphere. Two private dining rooms are available for small dinner parties. For wine aficianados, Gordon Ramsay at Powerscourt will offer over 900 vintage bottles to accompany the exciting culinary offerings. A Chef's 'Table will be created in the kitchen where aspiring gourmets can watch their meal being prepared from a unique vantage point. The restaurant kitchen will be presided over by Chef de Cuisine Paul Carroll, whose experience includes training under Gordon Ramsay at Petrus in London, a restaurant which earned its first Michelin star rating in the first year of operation. He also spent several years in Ramsay's Three Star Michelin restaurant on Royal Hospital Road. After a period spent traveling and exploring his love of food, Carroll was contacted by Gordon Ramsay to oversee his first venture in Ireland at Powerscourt. No trip to Ireland is complete without a visit to an authentic pub which is why McGill's has been created within the hotel for guests who can enjoy a pint of Guinness, some spirited local entertainment, and a menu of typical Irish pub fare. ESPA AND MEETING ROOMS When all that food has been enjoyed, it may be time for a visit to the 30,000 square foot (2,788 square meter) ESPA at Powerscourt. With 20 treatment rooms, a relaxing atmosphere, and two spa suites with views of the gardens, the spa and fitness center includes many special choices of sheer pampering for guests. Featuring a lap pool, state-of-the-art thermal suite, tepidariums and poolside waterfall, no luxury touch has been overlooked in the planning of the ESPA. A menu of special treatments has been devised including "The Garden of Inspiration" body ritual and botanical facial ritual, the ultimate in holistic treatments. Meeting space at The Ritz-Carlton, Powerscourt is extensive and includes a nearly 6,000 square foot (557 square meter) Ballroom capable of seating 400 guests. A private secret garden adjacent to the ballroom and smaller function rooms offer the perfect setting for pre-event receptions, especially weddings. Guests of the resort who wish to truly indulge themselves can reserve "The Ultimate Irish Experience with Guinness and The Ritz-Carlton, Powerscourt." Created to offer a memorable "sense of place" vacation adventure, the two night package starts at EUR 1,500 (approx. $2,137) in a deluxe room and includes these uniquely Irish elements: First Day: -- Airport limousine transfer to The Ritz-Carlton -- Welcoming "Black Velvet" cocktail, following check in. The drink blends the best champagne with Guinness Stout, Ireland's most famous brew, made from the waters in County Wicklow known for centuries as "The Devil's Hole." -- Afternoon limousine tour of County Wicklow's most scenic places, including those places where the Guinness story began in Luggala, also known as the Fancy Mountain. -- Gourmet dinner at the restaurant Gordon Ramsay at Powerscourt. Second Day: -- A hearty Irish breakfast serving local favorites soda bread and oatmeal -- Limousine tour of Dublin with a special VIP tour of the Guinness Storehouse. Lunch will be served in the Brewery Bar. -- Afternoon literary pub crawl where guests can follow in the steps of some of Ireland's most famous poets and authors. -- Evening outing at McGill's Pub enjoying the sounds of Irish music, as well as a class in learning the art of "pulling the famous pint," creating a shamrock on top of the pint of Guinness. INTRODUCTORY RATES Introductory rates for deluxe rooms at The Ritz-Carlton, Powerscourt will start at EUR 255 (approx. $360), Suites range from EUR 295 to EUR 465 (approx. $417 to $585) These rates are valid through March 31st of 2008. The Ritz-Carlton Hotel Company, L.L.C. of Chevy Chase, Md operates 67 hotels in the Americas, Europe, Asia, the Middle East and Africa. Over 30 projects are under development around the globe with future openings including Sanya, China; Westchester, New York; Beijing; and Denver. The Ritz-Carlton is the only service company to have twice earned the prestigious Malcolm Baldrige National Quality Award, which recognized outstanding customer service. For more information, contact The Ritz-Carlton toll free reservations line at 1 (800) 241-3333, visit the company web site at www.ritzcarlton.com, or consult a travel professional. Contact: Vivian Deuschl Corporate Vice President, Public Relations 4445 Willard Avenue, Suite 800 Chevy Chase, Md. 20815 Tel: (703) 941-6225 Fax: (703) 941-7492 Cell: (202) 255-5786 Email: vivian.deuschl@ritzcarlton.com


 

Basel, Switzerland, September 28, 2007 - Basilea Pharmaceutica Ltd. (SWX:BSLN) announced today the submission of a marketing authorization application to Swissmedic for its investigational drug alitretinoin. The submission supports the proposed use of oral alitretinoin in severe refractory chronic hand eczema. Basilea also announced the appointment of Mr. Hans Christian Rohde as Global Head of Commercial Operations. The marketing authorization application seeks approval for oral alitretinoin in the treatment of severe refractory chronic hand eczema (CHE) and is based on a clinical program comprising almost 2000 patients. Recently, marketing authorization applications for alitretinoin in severe refractory CHE have been submitted to various EU member states. Basilea Pharmaceutica Ltd. also announced today the appointment of Mr. Hans Christian Rohde as Global Head of Commercial Operations. This new appointment will further expand Basilea's capabilities to support its product launches and future company growth. Mr. Rohde has held senior positions in international marketing, sales and general management with Novo Nordisk, Biogen and Serono both in Europe and the United States. He was most recently a Global Therapeutic Area Head, Corporate Marketing at Merck Serono. He was responsible for numerous successful global product launches during his 19 year career in the pharmaceutical industry. Mr. Rohde will join Basilea's Management team shortly. Basilea announces that Mr. Nicholas Benedict, Head of Commercial Operations, has decided to leave the company for personal reasons. Mr. Benedict made a significant contribution to setting up Basilea's commercial infrastructure to prepare for the imminent product launches and Basilea wishes him much success for the future. About Chronic Hand Eczema Hand eczema is a common skin disease and is often chronic and relapsing. It is estimated to affect up to 10% of the general population. The more severe, chronic form of the condition is thought to affect up to 7% of these patients, many of whom do not respond, or no longer respond to topical corticosteroids. Basilea estimates there are at least five hundred thousand patients in Europe with refractory severe CHE. About Basilea Basilea Pharmaceutica Ltd. is an integrated biopharmaceutical company headquartered in Basel, Switzerland, listed on the SWX Swiss Exchange (SWX:BSLN). Basilea is currently focused on the research, development and commercialization of new antibacterial, antifungal and dermatology drugs in the hospital and specialty care setting. Disclaimer This communication expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. For further information, please contact: +----------------------------------------------------------+ | General Information | Investor Relations | |-------------------------+--------------------------------| | information@basilea.com | Dr. Barbara Zink | | | investor_relations@basilea.com | +----------------------------------------------------------+ This press release can be downloaded from www.basilea.com The press release can also be downloaded from the following link:


 

Brussels, September 28, 2007 -- RHJ International SA (EURONEXT: RHJI) announces the launch of a share buy-back program for an amount of up to 855,455 shares (representing 1% of total outstanding shares) and up to EUR 15 million. RHJ International (Euronext: RHJI) is a diversified holding company focused on creating long-term value for its shareholders by acquiring and operating businesses in attractive industries. For further information visit www.rhji.com. Arnaud Denis Investor Relations Director RHJ International Tel. +32 2 643 60 13 http://www.rhji.com investor-relations@rhji.com


 

Dwyka Resources Limited ('Dwyka' or the 'Company') Final Results and Annual Report Dwyka is pleased to announce its final results and the publication of its annual report for the year ended 30 June 2007. The review of operations and results set out below are extracted from the full annual report which is available from the Company's website: www.dwyresources.com. Copies of the annual report are expected to be sent to shareholders in October 2007. Enquiries: In Australia Mike Langoulant Dwyka Resources Limited (+618) 9324 2955 In the United Kingdom Richard Brown/ Richard Greenfield Ambrian Partners Limited +44 (0) 20 7776 6400 Dear Shareholder This financial year has been a period of significant change for your Company. Given the continued strong global market for resources and commodities, your directors announced on 17 January 2007 their intention to pursue a diversified growth strategy with the aim of broadening the Company's focus, establishing a portfolio of assets across a range of metals and minerals sectors and driving shareholder value. A change in the Company's name to Dwyka Resources Limited reflected this diversified growth strategy. In the subsequent months, the implementation of this strategy has seen the company acquire interests in two exciting new projects - the Muremera nickel project, located in Burundi and owned by Dwyka's wholly-owned subsidiary Danyland Limited ("Danyland") was acquired in February 2007 and the Swazigold project, located in Swaziland, in respect of which the Company has a 45% overall interest as a consequence of its 50% shareholding in Swazi Gold Ventures (Pty) Ltd ("SGV"), the holder of a 90% interest in the project vehicle; the acquisition of which was completed in July 2007. The Muremera nickel project is located within 2 kilometres of the Kabanga project, the world's largest undeveloped nickel sulphide deposit. Located just across the border in Tanzania, Kabanga was discovered in 1976 by the United Nations Development Programme ("UNDP"). Further UNDP surveys in 1978 resulted in the discovery of the prospective Muremera deposits on the Burundi side of the border. The anomalies have similar characteristics and further follow-up work by the UNDP confirmed that massive sulphide bodies, with nickel mineralisation, are the source of the anomalies. Extensive geophysics and geochemical surveys have delineated numerous targets and these are in the process of being drilled by BHP Billiton World Exploration, Inc. ("BHPB") pursuant to an Earn-in and Shareholders Agreement that will see the Company free-carried to the resource concept study phase in consideration of the acquisition by BHPB of an interest of up to 50% in Danyland. The Swazigold project is located in the highly prospective Archaean Barberton Greenstone Belt straddling the border between Swaziland and Mpumalanga province in South Africa. The Company has the right to earn up to a 90% interest in the project by virtue of acquiring up to 100% of the shares in SGV through various cash and share-based payments and by funding project expenditure. Historical work on the Swazigold project (carried out predominantly by Rio Tinto and JCI) includes geochemistry, geological mapping and 13,600 metres of drilling. The Company considers that four prospects have "step up and drill potential" and intends to pursue these targets over the coming months. Over the past two years, the Company has established a strong portfolio of producing diamond assets, notably the SMI4 tailings re-treatment project and the Blaauwbosch and Newlands underground kimberlite mines. These are supplemented by a number of prospective exploration projects in Southern Africa, as well as the Kimberley-based bricks and cement businesses. However, the lack of organic growth opportunities and the preponderance of small diamond explorers and producers listed on the AIM exchange (with whom Dwyka has to compete for capital) have caused the Company to re-think, as part of its new corporate strategy, the optimum means of developing and maximising value from those assets. Consistent with this strategy and as announced on 21 August 2007, the Company recently entered into a transaction with AIM-listed KimCor Diamonds Plc ("KimCor"), whereby the diamond and industrial assets of the Company will effectively be merged with those of KimCor, with Dwyka being the major shareholder in the enlarged vehicle. The consolidation of the Company's assets with those of KimCor will create a mid-tier (by volume) diamond producer and is expected to give rise to a number of benefits, including greater access to capital, operational synergies with KimCor's existing South African projects and the formation of a focussed management team to aggressively progress the development of the enlarged entity's assets. Through Dwyka's majority shareholding in KimCor, Dwyka shareholders will retain exposure to the upside from the enlarged suite of assets whilst enabling the Company itself to focus on the development of its new nickel and gold projects. Over the coming 12 months, the Company will continue to implement its new, diversified corporate strategy by aggressively pursuing the already exciting Muremera and Swazigold opportunities and, if appropriate, looking to acquire strategic assets that complement its existing project portfolio. I thank you for your continued support of the Company and look forward to an exciting new chapter in its development. Ed Nealon Chairman 28 September 2007 Operating Results Introduction Dwyka Resources Limited ("Dwyka" or the "Company") (formerly Dwyka Diamonds Limited), changed its name in March 2007, having shifted its focus from diamonds to the diversified minerals sector to achieve maximum value for shareholders during the current resource boom. The Company's strategy is a direct response to the seemingly insatiable world demand for commodities of all types, driven in large part by the urbanisation of China and its expanding consumer classes. To that end, Dwyka has diversified into exploration for nickel and gold, in Burundi and Swaziland respectively. Furthermore, subsequent to year end the company announced that it had signed an agreement with KimCor Diamonds Plc ("KimCor") to consolidate Dwyka's diamond and industrial assets with KimCor's existing diamond assets, creating a more robust, growth orientated entity to allow Dwyka's shareholders to retain exposure to upside from larger suite of diamond assets through Dwyka's controlling shareholding in KimCor. Dwyka has a strong and well-respected senior management team committed to adding value for the Company's shareholders. Dwyka's directors have proven exploration, mining, development and marketing expertise, as well as extensive public company experience. Swazi Gold Project - 50% (earning up to 90%) In March 2007, Dwyka signed a memorandum of understanding ('MoU') with South African-listed Swazi Gold Ventures (Pty) Ltd ('SGV'), thereby securing the rights to a 90% interest in Swaziland Gold (Pty) Ltd ('SwaziGold'), which in turn owns the Swazigold Project in Swaziland, Africa. This MoU was converted into an agreement which was completed in July 2007. The project is a large (435 square kilometre) gold exploration play in the highly prospective Archaean Barberton Greenstone Belt in Swaziland, historically a producer of 11.5 million ounces of gold. Potential Greenstone belts of Archaean age are known to host goldfields in most of the ancient cratonic blocks that form the nucleus of the continents. When the ancient lavas extruded onto the earliest formed continental crust, major gold deposits were formed. This is the case not only in southern Africa but also in Canada and Australia, where the giant Kalgoorlie goldfield is particularly renowned. Such belts are also prospective for nickel. In the Barberton Greenstone Belt, extensive, shallow, historic workings, plus a lack of modern exploration, have presented Dwyka with an ideal opportunity. Previous owners drilled some 13,500 metres of the Project area, providing the Company with a drill database that includes numerous gold intersections. These have allowed Dwyka to establish immediate targets for both infill drilling and the development of extensions to established zones of mineralisation. In this environment, it is believed that Dwyka's gold exploration activities will accelerate. From an initial review of the geology, the Company believes the Project has the potential for proving more than 2 million ounces of high-grade gold mineralisation. Already, numerous targets ranging from advanced drilling projects to promising geochemical anomalies have been identified along a 40-kilometre strike length. Advantages Advantages of the Project include the following. * Substantial geological database already in existence. * Some 13,600 metres of drill data (valued at more than US$2 million) available. * Good field access and local infrastructure. * Local management/geological/technical team already in place. * Located in the Rand Common Monetary Area, just 3 hours' drive from Johannesburg. An agreement based on the MoU was completed in July 2007. At that time Dwyka paid $US200,000 plus shares to the value of $1.5 million to earn an initial 50% interest in the SGV. To earn 70%, the Company must commit $US750,000 to the project by June 2008 and pay a further $US200,000 plus another $US1 million worth of shares. To acquire an 85% or 90% stake, Dwyka needs to commit more funds, issue additional shares and reach bankable feasibility stage. Burundi Nickel Project - 100% (BHP World Exploration Inc earning up to 50%) In January 2007 Dwyka acquired the Muremera nickel project in Burundi, Africa by way of the issue of Dwyka Resources shares. Further share consideration may be payable depending upon future exploration hurdles. The Company controls the Muremera Project through its wholly owned subsidiary, Danyland Limited, which holds the exploration rights for nickel and associated minerals in the project area. Potential Muremera is located within one of the world's principal nickel provinces, only 2 kilometres from, almost adjacent to and in the same geological sequence as, the giant Kabanga deposit in Tanzania. The Kabanga project, which is controlled by Xstrata/Barrick, is thought to be the world's largest undeveloped nickel sulphide deposit. As at December 2006, the Kabanga resource was as follows. Ni Cu Co Au Pt Pd Ag Category Tonnes (%) (%) (%) (g/t) (g/t) (g/t) (g/t) Indicated 9,700,000 2.37 0.32 0.19 0.04 0.07 0.09 1.04 Inferred 36,300,000 2.8 0.4 0.2 0.1 0.3 0.3 1.5 Ni = nickel; Cu = copper; Co = cobalt; Au = gold; Pt = platinum; Pd = palladium; Ag = silver; g/t = grams per tonne Geophysical anomalies at Muremera are similar to those at Kabanga, with sulphides identified within target zones and nickel identified in the sulphide occurrences. Mining permits have been granted and access for exploration activities is good. Partner The project's prospectivity has led to a commitment from BHP World Exploration Inc ('BHP') to spend US$5.2 million (A$6.5 million) on the project, to earn up to a 50% interest in Dwyka subsidiary Danyland. Danyland's agreement with BHP allows Danyland to fast-track its exploration program. Further, the partnership provides Dwyka with access to BHP's technical and other expertise. Under the terms of BHP's agreement with Danyland, BHP's investment at Muremera will occur in three stages. * Stage 1 - the commitment of $US1.2 million to initial exploration to earn 10% equity in Danyland. * Stage 2 - investment of $US2 million on target testing to earn a further 20% equity. * Stage 3 - the investment of a further $US2 million on resource definition and completion of a concept study to take BHP's aggregate interest to 50%. BHP can withdraw from the project during or after the completion of any of the stages with no further commitment. However, in doing so it would retain only the equity earned from completion of the previous stage. Once BHP fully satisfies its earn-in obligations, Danyland and BHP will contribute to further development of Muremera in proportion to their percentage shareholdings in Danyland. South African Diamond and Industrial Operations - 70% (Kolong Investments Limited (BEE partner) 30%) In October 2006 the BEE restructure of Dwyka's South African operations was completed. As a result Dwyka now owns 70% of all the South African operations which are now fully BEE-compliant, with the result that Dwyka: * can proceed to conversion of all "old order" mining rights to "new order" rights as contemplated under applicable South African legislation; * can maximise development of its existing projects and operations; * is now placed in a strong position to secure further opportunities in South Africa; and * will, as regards its Industrial Products division, be viewed as a "preferred" supplier to South African mining companies and in relation to tendering and procurement with government. This re-structure bringing all of Dwyka's South African operations within the BEE compliance provides future certainty for all Dwyka's South African operations and will provide the Board with the confidence to pursue longer term commitment of capital to generate the maximum return from both existing assets and potential acquisitions. De Beers Tailings Re-treatment Project The De Beers tailings re-treatment project was constructed adjacent to tailings dumps located on the eastern outskirts of Kimberley. The plant is a state-of-the-art dense media separation plant capable of exceeding the original design capacity of 50,000 tonnes per month. During this financial year the Company increased its interest in this project from 40% to 70%. The contractual arrangement with De Beers Consolidated Mines Limited ("De Beers"), the owners of the tailings, was initially based on toll treating up to 50,000 tonnes per month. Under the terms of the agreement Superkolong (Pty) Ltd, Dwyka's BEE operating subsidiary, was paid a fee per tonne processed. Superkolong was to also receive a share of diamond revenue based on recovered grade. Commissioning of the plant commenced in April 2006, however it was not until April 2007 that the plant first exceeded design capacity. During that commissioning period, the revenue received from the toll treating was insufficient to cover the cost of commissioning. Subsequent capital modifications were required to achieve nameplate capacity. Feed grades to the plant were lower than anticipated and the operation suffered significant down time due to erratic water supply, and lack of feed on some occasions. However, after 12 months of operation the plant proved its ability to exceed design capacity on a regular basis. During the reporting period the financial performance from this project was significantly affected by the low grade of material being processed. Initial feed grades were erratic with the average grade recovered being significantly lower than the anticipated grade (as supplied by De Beers) upon which project implementation had been based. The best safeguard against low and erratic grade for such an operation is increased throughput, a parameter which was originally contractually restricted and a structural change in the contract with De Beers was required. As an interim measure De Beers provided the opportunity for Superkolong to amend the terms of the toll treating agreement. Revised contractual terms were negotiated which resulted in removing the 50,000 tonne per month processing throughput restriction, and providing Superkolong with 100% of the diamond sales revenue. Contractual changes were affected in May 2007. Also during the period De Beers advised of their intention to sell the dumps and invited Superkolong, together with other parties, to submit a tender to purchase them. Notwithstanding the amended financial arrangements and the removal of processing restrictions, at the current grades the plant requires increased capacity to be financially successful. Under such circumstances and there being some uncertainty as to whether the acquisition of the dumps would be successful, production operations were suspended while plans for a plant upgrade to generate increased throughput were commenced. Since the time at which De Beers gave notice of their intention to sell the dumps, Superkolong have been party to the negotiations to purchase the dumps in conjunction with other operators that also have processing agreements with De Beers. These negotiations are continuing. The operation processed 359,000 tonnes of tailings material for the period, recovering 17,300 carats. All diamonds were sold through De Beers. Nooitgedacht Alluvial Mine The Nooitgedacht mine is located on the farm Nooitgedacht some 15 kilometres north west of Kimberley, South Africa. The farm extends for 6 kilometres along the eastern bank of the Vaal River, covering an area of 4,671 hectares. Between the late 1940s and the 1970s, a small portion of the Nooitgedacht property was mined by diggers under a license arrangement with De Beers Consolidated Mines Limited. During this period, historical records note that some 76,000 carats were recovered in total from the property, with the largest stone being the Venter diamond that weighed 511 carats. This is the largest alluvial diamond recovered in South Africa, and the subsequent diamond rush resulted in the recovery of two diamonds greater than 300 carats. A total of 14 diamonds weighing greater than 100 carats each have been recovered from the Nooitgedacht property, including one recovered by the company. Historically Nooitgedacht has been a low-grade, low-cost producer however the diamonds recovered are of high value. During the period conflicting operational priorities and limited management resources led the Company to place the mining operation on care and maintenance in December 2006. Approximately 70,000 tonnes of gravel was processed for the period, recovering 423 carats of diamonds. Mining operations had resulted in substantial stockpiles of clean alluvial cobbles and boulders which were subsequently tested for use as aggregate in concrete. The tests proved positive and a crushing plant was installed to produce a commercial product from the waste material. This strategy has been successful, and the Nooitgedacht site now supplies a large proportion of the crushed aggregate used by the Company's industrial division, for the manufacture of bricks and concrete. The internal supply of this material has a significant cost benefit to the brick and concrete business. Mining operations are expected to re-commence during the 2007/8 financial year. Blaauwbosch Kimberlite Mine The Blaauwbosch mine is located approximately 90 kilometres east of Kimberley in the well known diamond producing area of Boshoff. The Blaauwbosch pipe (3.71 acres at surface) was mined to a depth of about 110 metres producing an estimated 967,000t of ore, yielding some 338,000 carats at an average grade of 34.95 carats per hundred tonne ("cpht"). Operations were ceased in 1967 due to flooding. The planned capital upgrade program, implemented at the time of acquisition of the mine, continued during the year. This programme included deepening the existing haulage shaft to 225 metres, lateral development of levels from 110 metres to 205 metres and development of a separate ventilation and emergency access shaft. Unfortunately significant delays were incurred as a result of statutory constraints relating to the underground operations below the partially refilled open cut. Additional geotechnical studies were undertaken and safeguards implemented to minimise potential risks associated with developing in this area. Mines department approval was obtained to continue operations resulting in the development of new stoping blocks in the upper levels of the workings, installation of an ore pass system, and development of the main haulage level 205 metres below the shaft collar. With access restored to the upper levels it became apparent that the kimberlite in those areas, having been exposed for several years, was deteriorating rapidly and ground conditions were poor. Substantial temporary ground support was required, and the size of new openings was restricted, slowing the rate of production from these areas. Development at lower levels in the mine has exposed much more competent kimberlite material, and ground stability is not anticipated to present any major difficulties as the mining depth increases. As the additional levels are opened for production, it is anticipated that productivity rates will improve significantly. Retreatment of historic tailings also continued on the site. Total production during the year was as follows: Tonnes Carats Grade Underground 34,805 3,438 9.88 Tailings 34,364 1,409 4.10 Diamonds recovered from development at Blaauwbosch have been of good quality with an average price of approximately US$110 per carat. Newlands Kimberlite Mine The Newlands Mine is located 60 kilometres north-west of Kimberley on the Harts River. The project area contains of five kimberlite blows, which occur on two north-east striking fissures. Most of the production for the year came from Blow 2 on which the Company commenced a development program soon after acquisition. The shaft was deepened and new production levels developed. The small area of the blow constrained production and additional complications were encountered with the location of the existing shaft. Although plans had been made to extend the depth of the shaft, the projected extensions intersected the kimberlite pipe being mined. An internal haulage shaft, offset from the main shaft was commenced to extend the workings to the planned depth. The offset was accessed through a short cross-cut with the configuration requiring the installation of a winder underground and the requirement to double handle ore from lower levels. The material handling complexities restricted the haulage capacity from the deeper levels. The capacity constraints placed on haulage from the lower levels of Blow 2 resulted in the examination and development of Blow 3 to provide an additional haulage shaft and to increase the number of faces available for production. The first production from Blow 3 was forthcoming towards the end of the year and results were encouraging, particularly the shape and quality of stones recovered. With the added capacity of an additional haulage shaft, the ability to achieve production targets will be greatly enhanced. Improvement of ore haulage systems, by the development of scraper gullies to feed ore from working faces to ore passes, is being implemented in the Blow 2 workings, to reduce labour costs, improve safety and increase productivity. Tailing from historic production at both Blow 2 and Blow 3 were processed to maintain plant throughput. Newlands production for the year was as follows: Tonnes Carats Grade Blow 2 underground 40,340 5,039 12.49 Blow 2 tailings 15,918 1,136 7.14 Blow 3 underground 574 74 12.93 Blow 3 tailings 3,109 215 6.90 New Elands Kimberlite Mine The New Elands Mine is situated 90 kilometres northeast of Kimberley in the Boshoff district, Free State Province, South Africa. It is approximately 6 kilometres north-north-east of Blaauwbosch. New Elands historically produced some 1.5 million tonnes from fissures and kimberlite blows, yielding at an estimated grade of 34 cpht. During the year the Company commenced dewatering operations but is yet to gain access to, and is yet to examine the historic workings. A small quantity of tailings was processed during the year, utilising contractors with a royalty being paid to the Company. Bosele Exploration Project The Bosele project consists of a 1,100 hectares prospecting permit immediately south of the Dancarl Mining Lease in the Northern Cape Province in South Africa, 80 kilometres north of Kimberley. Dancarl is a prominent producer of diamonds from fissures and small pipes. The area hosts numerous kimberlitic fissures, some of which are diamondiferous. Since April 2004 exploration has focused on newly discovered crater facies volcano clastic rocks which occur in the southern and central parts of the Bosele. The Company conducted a limited amount of field work during the year, focusing its attention on locating the source of diamonds extracted from bulk samples in the previous year. Industrial Division The Company operates an industrial business, based in Kimberley (South Africa) which supplies building products to the local market. During the year the industrial business produced a cashflow of ZAR 24.5 million. Concrete accounted for a little over half of the revenue with bricks and pavers accounting for the remainder. A major contract was awarded to the Company for supply of concrete during the construction of a new prison near Kimberley. Delivery commenced in February 2007 with anticipated delivery of 2,000 cubic metres per month over a duration of 17 months. In total, over 40,000 cubic metres will be delivered at an average price of about ZAR 600 per cubic metre generating total expected revenues of approximately ZAR 24,000,000. Tanzania Exploration Project - 75-95% (De Beers/Thornton 5-25%) The Company acquired the diamondiferous Mahene and Itanana kimberlite pipes in the Nzega District of Tanzania from De Beers in 2005. Thorntree Minerals Limited is assisting with logistical, managerial and government liaison support within Tanzania. Thorntree Minerals has the right to participate in 20% of the company's equity interest in the projects once the decision to progress to feasibility study is taken. Thorntree will be required to fund their share of costs to maintain their equity position. De Beers has the option to acquire a 51 per cent shareholding in Dwyka Tanzania Limited, the company's subsidiary holding the project, by reimbursing the company three times the costs incurred by the company to evaluate the projects. Alternatively, De Beers may elect to remain as a 5 per cent shareholder in Dwyka Tanzania Limited ("Dwyka Tanzania") or convert its shareholding into a 1.5 per cent gross royalty payable on diamond revenues. As part of the agreement Dwyka Tanzania will sell all diamonds recovered in the licence areas to De Beers. During the year the Company continued to study the optimum method for bulk sampling these areas as well as commencing the preparation of plant and equipment required to undertake a bulk sample of the pipes. Approvals are being sought for the mobilisation of the required plant and equipment to Tanzania. Indian Exploration Project Subsequent to the end of the financial year, the company announced that the diversified minerals developer India Resources Limited (ASX:IRL) had exercised its option to acquire the prospective diamond leases held by Dwyka's subsidiary company, AMIL Mining India Private Limited ("AMIL") and is moving to acquire 100% of AMIL. The AMIL leases were previously controlled by Dwyka under an agreement with BHP Billiton. Dwyka will retain a life of tenement 2.5% production royalty. Operating Results The results for the financial year have been impacted by the directors' decisions during the year to raise an impairment charge against a number of the Group's assets. This resulted in an impairment charge of $10.7 million during the year. FOR THE YEAR ENDED 30 JUNE 2007 Notes Consolidated Parent entity 2007 2006 2007 2006 $000 $000 $000 $000 Revenue 4 8,267 7,402 - - Cost of sales 5 (8,659) (5,093) - - Gross profit/(loss) (392) 2,309 - - Other revenue 4 622 1,068 757 906 Administration 5 (6,865) (4,988) (3,110) (2,825) Impairment of assets 5 (24) (3) - (4,400) Impairment of plant and equipment 5 (3,319) - - - Impairment of exploration, evaluation and mining properties 5 (7,380) (2,130) (248) - Finance costs (623) (38) (185) (7) Net loss before income tax benefit (17,981) (3,782) (2,786) (6,326) Income tax benefit 6 1,621 168 20 28 Net loss after income tax benefit (16,360) (3,614) (2,766) (6,298) Net profit attributable to minority interest - 67 - - Net loss attributable to members of Dwyka Resources Limited (16,360) (3,681) (2,766) (6,298) Cents Cents Basic loss per share 7 (17.41) (4.4) Diluted loss per share 7 (17.41) (4.4) AS AT 30 JUNE 2007 Consolidated Parent entity 2007 2006 2007 2006 $000 $000 $000 $000 ASSETS Current assets Cash and cash equivalents 4,265 6,286 3,828 6,051 Trade and other receivables 815 977 16,896 12,737 Inventories 456 484 - - Total current assets 5,536 7,747 20,724 18,788 Non-current assets Receivables - 4,536 102 - Other financial assets 233 103 4,442 103 Property, plant and equipment 5,928 3,597 98 139 Exploration, evaluation and mining properties 6,579 8,709 - - Other 290 308 - - Total non-current assets 13,030 17,253 4,642 242 Total assets 18,566 25,000 25,366 19,030 LIABILITIES Current liabilities Trade and other payables 4,460 1,649 417 257 Borrowings 2,449 76 2,249 - Provisions 212 249 7 5 Total current liabilities 7,121 1,974 2,673 262 Non-current liabilities Borrowings 4,029 2,611 - 2,183 Provisions 221 305 - - Deferred tax liability - 1,601 - - Total non-current liabilities 4,250 4,517 - 2,183 Total liabilities 11,371 6,491 2,673 2,445 Net assets 7,195 18,509 22,693 16,585 EQUITY Contributed equity 65,580 56,693 65,580 56,693 Reserves (1,356) 2,436 1,742 1,754 Accumulated losses (57,029) (40,669) (44,629) (41,863) Parent entity interest 7,195 18,460 22,693 16,584 Minority interest - 49 - - Total equity 7,195 18,509 22,693 16,584 FOR THE YEAR ENDED 30 JUNE 2007 Consolidated Parent entity 2007 2006 2007 2006 $000 $000 $000 $000 Total equity at the beginning of the financial year 18,509 14,569 16,584 15,598 Adjustment on adoption of AASB 132 and AASB 139, net of tax, to: Retained profits - 82 - 82 Reserves - (82) - (82) Restated total equity at beginning of financial year 18,509 14,569 16,584 15,598 Exchange differences on translation of foreign operations (3,205) 288 - - Changes in fair value of available-for sale financial 103 41 103 41 assets, net of tax Net income recognised directly in (3,102) 329 103 41 equity Loss for the year (16,360) (3,614) (2,766) (6,298) Adjustment for prior year losses recouped on minority interest (49) (18) - - Total recognised income and expense for the year (19,511) (3,303) (2,663) (6,257) Transactions with equity holders in their capacity as equity holders Contributions of equity, net of after tax transaction costs 8,887 5,967 8,887 5,967 Share based compensation 514 428 514 428 Cost of increased equity in (575) - - - subsidiary Value of conversion rights of 8% convertible notes, net of tax - 219 - 219 Deferred share consideration on purchase of business units (629) 629 (629) 629 8,197 7,243 8,772 7,243 Total equity at end of the financial year 7,195 18,509 22,693 16,584 Total recognised income and expense for the year is attributable to: Members of Dwyka Resources Limited (19,511) (3,369) (2,663) (6,274) Minority interest - 49 - - (19,511) (3,320) (2,663) (6,274) FOR THE YEAR ENDED 30 JUNE 2007 Notes Consolidated Parent entity 2007 2006 2007 2006 $000 $000 $000 $000 Cash flow from operating activities Receipts from customers (inclusive of goods and services tax) 8,534 7,253 134 202 Payments to suppliers and employees (inclusive of goods and services tax) (13,535) (8,680) (2,671) (2,562) Interest received 196 373 161 276 Other income received 217 396 - - Finance costs (438) (7) - - Net cash flow used in 8 operating activities (5,026) (665) (2,376) (2,084) Cash flow from investing activities Payments for exploration, evaluation and development of mining properties (760) (3,405) (248) - Payments for purchase of unrelated investments - (375) - (375) Payments for plant and equipment (1,457) (1,471) (2) (41) Proceeds from sale of plant and equipment 59 223 - - Proceeds from sale of controlled entity 188 - 188 - Loans to controlled entities - - (4,469) (5,086) Loans to other parties (614) (3,220) - - Loans to other parties repaid 1 250 1 250 Payment for acquisition of business unit, net of cash acquired - (1,021) - - Business unit acquisition - 123 cash acquired - - - Payment for acquisition of increased subsidiary interest (575) - - - Proceeds from the sale of unrelated investments 17 372 17 372 Rehabilitation security bond - (8) - - Net cash flow used in investing activities (3,018) (8,655) (4,513) (4,880) Cash flow from financing activities Proceeds from issue of shares 5,000 3,204 5,000 3,204 Payments for equity issue costs (300) (107) (300) (107) Proceeds from borrowings 858 2,489 - 2,489 Repayment of borrowings (174) - - - Net cash flow from financing activities 5,384 5,586 4,700 5,586 Net decrease in cash held (2,660) (3,734) (2,189) (1,378) Cash at the beginning of the financial year 6,286 9,582 6,051 7,270 Effects of exchange rate changes on cash and cash equivalents 639 438 (34) 159 Cash and cash equivalents held at the end of the financial year 4,265 6,286 3,828 6,051 Non-cash financing and investing activities 8 1 Summary of significant accounting policies The principal accounting policies adopted in the preparation of the financial report are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. The financial report includes separate financial statements for Dwyka Resources Limited as an individual entity and the consolidated entity consisting of Dwyka Resources Limited and its subsidiaries. (a) Basis of preparation of financial report This general purpose financial report has been prepared in accordance with Australian Accounting Standards, other authoritative pronouncements of the Australian Accounting Standards Board, Urgent Issues Group Interpretations and the Corporations Act 2001. Compliance with IFRSs Australian Accounting Standards include Australian equivalents to International Financial Reporting Standards (AIFRS). Compliance with AIFRS ensures that the consolidated financial statements and notes of Dwyka Resources Limited comply with International Financial Reporting Standards (IFRS). The parent entity financial statements and notes also comply with IFRS except that it has elected to apply the relief provided to parent entities in respect of certain disclosure requirements contained in AASB 132 Financial Instruments: Presentation and Disclosure. Historical cost convention These financial statements have been prepared under the historical cost convention, as modified by the revaluation of available-for-sale financial assets. Critical accounting estimates The preparation of financial statements in conformity with AIFRS requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Group's accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in note 2. (b) Principles of consolidation (i) Subsidiaries The consolidated financial statements incorporate the assets and liabilities of all subsidiaries of Dwyka Resources Limited (''Company'' or ''parent entity'') as at 30 June 2007 and the results of all subsidiaries for the year then ended. Dwyka Resources Limited and its subsidiaries together are referred to in this financial report as the Group or the consolidated entity. Subsidiaries are all those entities (including special purpose entities) over which the Group has the power to govern the financial and operating policies, generally accompanying a shareholding of more than one-half of the voting rights. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Group controls another entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Group. They are de-consolidated from the date that control ceases. The purchase method of accounting is used to account for the acquisition of subsidiaries by the Group. Intercompany transactions, balances and unrealised gains on transactions between Group companies are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of the impairment of the asset transferred. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the Group. Minority interests in the results and equity of subsidiaries are shown separately in the consolidated income statement and balance sheet respectively. Investments in subsidiaries are accounted for at cost in the individual financial statements of the company. (ii) Associates Associates are all entities over which the Group has significant influence but not control, generally accompanying a shareholding of between 20% and 50% of the voting rights. Investments in associates are accounted for in the parent entity financial statements using the cost method and in the consolidated financial statements using the equity method of accounting, after initially being recognised at cost. The Group's share of its associates' post-acquisition profits or losses is recognised in the income statement, and its share of post-acquisition movements in reserves is recognised in reserves. The cumulative post-acquisition movements are adjusted against the carrying amount of the investment. Dividends receivable from associates are recognised in the parent entity's income statement, while in the consolidated financial statements they reduce the carrying amount of the investment. When the Group's share of losses in an associate equals or exceeds its interest in the associate, including any other unsecured receivables, the Group does not recognise further losses, unless it has incurred obligations or made payments on behalf of the associate. Unrealised gains on transactions between the Group and its associates are eliminated to the extent of the Group's interest in the associates. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred. (c) Segment reporting A business segment is a group of assets and operations engaged in providing products or services that are subject to risks and returns that are different to those of other business segments. A geographical segment is engaged in providing products or services within a particular economic environment that is subject to risks and returns that are different from those of segments operating in other economic environments. (d) Foreign currency translation (i) Functional and presentation currency Items included in the financial statements of each of the Group's entities are measured using the currency of the primary economic environment in which the entity operates ('the functional currency'). The consolidated financial statements are presented in Australian dollars, which is Dwyka Resources Limited's functional and presentation currency. (ii) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement. (iii) Group companies The results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: * assets and liabilities for each balance sheet presented are translated at the closing rate at the date of that balance sheet; * income and expenses for each income statement are translated at average exchange rates (unless this is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions); and * all resulting exchange differences are recognised as a separate component of equity. On consolidation, exchange differences arising from the translation of any net investment in foreign entities, and of borrowings and other currency instruments designated as hedges of such investments, are taken to shareholders' equity. When a foreign operation is sold or any borrowings forming part of the net investment are repaid, a proportionate share of such exchange differences are recognised in the income statement as part of the gain or loss on sale, where applicable. Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and translated at the closing rate. (e) Revenue recognition Revenue is measured at the fair value of the consideration received or receivable, while interest revenue is measured on an effective interest rate basis. Amounts disclosed as revenue are net of returns and trade allowances. Revenue is recognised for the major business activities when the following specific recognition criteria are met: Sales Risks and rewards of the goods have passed to the buyer, which occurs on delivery. Interest income Time proportionate basis using the effective interest rate method. (f) Income tax The income tax expense or revenue for the period is the tax payable on the current period's taxable income based on the national income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences between the tax bases of assets and liabilities and their carrying amounts in the financial statements and to unused tax losses. Deferred income tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. However, the deferred income tax is not accounted for if it arises from initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have been enacted or substantially enacted by the balance sheet date and are expected to apply when the related deferred income tax asset is realised or the deferred income tax liability is settled. Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Deferred tax liabilities and assets are not recognised for temporary differences between the carrying amount and tax bases of investments in controlled entities where the parent entity is able to control the timing of the reversal of the temporary differences and it is probable that the differences will not reverse in the foreseeable future. Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Current and deferred tax balances attributable to amounts recognised directly in equity are also recognised directly in equity. The Australian tax consolidation regime does not apply to the company because there are no Australian incorporated subsidiaries. (g) Business combinations The purchase method of accounting is used to account for all business combinations, including business combinations involving entities or businesses under common control, regardless of whether equity instruments or other assets are acquired. Cost is measured as the fair value of the assets given, shares issued or liabilities incurred or assumed at the date of exchange plus costs directly attributable to the acquisition. Where equity instruments are issued in an acquisition, the fair value of the instruments is their published market price as at the date of exchange. Transaction costs arising on the issue of equity instruments are recognised directly in equity. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date, irrespective of the extent of any minority interest. The excess of the cost of acquisition over the fair value of the Group's share of the identifiable net assets acquired is recorded as goodwill. If the cost of acquisition is less than the Group's share of the fair value of the identifiable net assets of the subsidiary acquired, the difference is recognised directly in the income statement, but only after a reassessment of the identification and measurement of the net assets acquired. Where settlement of any part of cash consideration is deferred, the amounts payable in the future are discounted to their present value as at the date of exchange. The discount rate used is the entity's incremental borrowing rate, being the rate at which a similar borrowing could be obtained from an independent financier under comparible terms and conditions. (h) Leases Leases of property, plant and equipment where the Group, as lessee, has substantially all the risks and rewards of ownership are classified as finance leases. Finance leases are capitalised at the lease's inception at the fair value of the leased property or, if lower, the present value of the minimum lease payments. The corresponding rental obligations, net of finance charges, are included in other short-term and long-term payables. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to the income statement over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The property, plant and equipment acquired under finance leases is depreciated over the shorter of the asset's useful life and the lease term. Leases in which a significant portion of the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases (net of any incentives received from the lessor) are charged to the income statement on a straight-line basis over the period of the lease. (i) Impairment of assets Goodwill and intangible assets that have an indefinite useful life are not subject to amortisation and are tested annually for impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash inflows which are largely independent of the cash inflows from other assets or groups of assets (cash-generating units). Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at each reporting date. (j) Cash and cash equivalents For cash flow statement presentation purposes, cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value, and bank overdrafts. (k) Trade receivables Trade receivables are recognised initially at fair value and subsequently measured at amortised cost, less provision for impairment. Trade receivables are due for settlement no more than 30 days from the date of recognition. Collectibility of trade receivables is reviewed on an ongoing basis. Debts which are known to be uncollectible are written off. A provision for impairment of trade receivables is established when there is objective evidence that the Group will not be able to collect all amounts due according to the original terms of receivables. The amount of the provision is the difference between the asset's carrying amount and the present value of estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised in the income statement. (l) Inventories Inventories, which include rough diamonds, finished goods and raw materials, are stated at the lower of cost and estimated net realisable value. Cost is determined on a first-in, first-out basis and comprises direct materials and direct labour. Net realisable value is the estimated selling price in the ordinary course of business, less the cost of completion and selling expenses. (m) Investments and other financial assets Classification The Group classifies its investments in the following categories: loans and receivables and available-for-sale financial assets. The classification depends on the purpose for which the investments were acquired. Management determines the classification of its investments at initial recognition and re-evaluates this designation at each reporting date. (i) Loans and receivables Loans and receivables are non derivative financial assets with fixed or determinable payments that are not quoted in an active market. They arise when the Group provides money, goods or services directly to a debtor with no intention of selling the receivable. They are included in current assets, except for those with maturities greater than 12 months after the balance sheet date which are classified as non-current assets. Loans and receivables are included in receivables in the balance sheet. (ii) Available-for-sale financial assets Available-for-sale financial assets, comprising principally marketable equity securities, are non-derivatives that are either designated in this category or not classified in any of the other categories. They are included in non-current assets unless management intends to dispose of the investment within 12 months of the balance sheet date. Recognition and derecognition Purchases and sales of investments are recognised on trade-date - the date on which the Group commits to purchase or sell the asset. Investments are initially recognised at fair value plus transaction costs for all financial assets not carried at fair value through profit or loss. Financial assets are derecognised when the rights to receive cash flows from the financial assets have expired or have been transferred and the Group has transferred substantially all the risks and rewards of ownership. Available-for-sale financial assets are subsequently carried at fair value. Loans and receivables are carried at amortised cost using the effective interest method. Unrealised gains and losses arising from changes in the fair value of non monetary securities classified as available-for-sale are recognised in equity in the available-for-sale investments revaluation reserve. When securities classified as available-for-sale are sold or impaired, the accumulated fair value adjustments are included in the income statement as gains and losses from investment securities. Fair value The fair values of quoted investments are based on current bid prices. If the market for a financial asset is not active (and for unlisted securities), the Group establishes fair value by using valuation techniques. These include reference to the fair values of recent arm's length transactions, involving the same instruments or other instruments that are substantially the same, discounted cash flow analysis, and option pricing models refined to reflect the issuer's specific circumstances. Impairment The Group assesses at each balance date whether there is objective evidence that a financial asset or group of financial assets is impaired. In the case of equity securities classified as available for sale, a significant or prolonged decline in the fair value of a security below its cost is considered in determining whether the security is impaired. If any such evidence exists for available-for-sale financial assets, the cumulative loss - measured as the difference between the acquisition cost and the current fair value, less any impairment loss on that financial asset previously recognised in profit and loss - is removed from equity and recognised in the income statement. Impairment losses recognised in the income statement on equity instruments classified as available-for-sale are not reversed through the income statement. (n) Fair value estimation The fair value of financial assets and financial liabilities must be estimated for recognition and measurement or for disclosure purposes. The fair value of financial instruments traded in active markets (such as available-for-sale securities) is based on quoted market prices at the balance sheet date. The quoted market price used for financial assets held by the Group is the current bid price. The carrying value less impairment provision of trade receivables and payables are assumed to approximate their fair values due to their short term nature. The fair value of financial liabilities for disclosure purposes is estimated by discounting the future contractual cash flows at the current market interest rate that is available to the Group for similar financial instruments. (o) Property, plant and equipment Property, plant and equipment are stated at historical cost less depreciation. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset's carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably. All other repairs and maintenance are charged to the income statement during the financial period in which they are incurred. Land is shown at cost and is not depreciated. Depreciation on other assets is calculated using the straight line method to allocate their cost, net of their residual values, over their estimated useful lives, as follows: - Buildings 10-20 years - Machinery 5-12 years - Vehicles 3-5 years - Furniture, fittings and equipment 3-8 years - Leased machinery and vehicles 5-12 years The assets' residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date. An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount (note 1(i)). Gains and losses on disposals are determined by comparing proceeds with carrying amount. These are included in the income statement. (p) Exploration and evaluation expenditure Exploration and evaluation costs include expenditure incurred in connection with the exploration for and the evaluation of economically recoverable mineral resources. These costs include costs of acquisition, exploration and appraisal costs and technical overheads directly associated with those projects. The company's policy with respect to exploration and evaluation expenditure is to use the "area of interest" method. Under this method, exploration and evaluation costs are carried forward on the following basis: (i) Each area of interest is considered separately when deciding whether and to what extent to carry forward or write off exploration and evaluation costs; (ii) Exploration and evaluation costs related to an area of interest may be carried forward provided that rights to tenure of the area of interest are current and provided further that one of the following conditions are met: * such costs are expected to be recouped through successful development and exploitation of the area of interest or alternatively, by its sale; or * exploration and/or evaluation activities in the area of interest have not yet reached a stage which permits a reasonable assessment of the existence or otherwise of economically recoverable reserves and active and significant operations in relation to the area are continuing. (iii) The carrying values of exploration and evaluation costs are reviewed by directors where results of exploration and/or evaluation of an area of interest are sufficiently advanced to permit a reasonable estimate of the costs expected to be recouped through successful development and exploitation of the area of interest or by its sale. Expenditure in excess of this estimate is written off to the profit and loss account in the year in which the review occurs; (iv) When development of an area of interest is complete and production commences, all exploration, evaluation and development costs carried forward as an asset (including the cost of extractive rights acquired) are transferred to mining properties. Development costs related to an area of interest are carried forward as an asset to the extent that they are expected to be recovered either through sale or successful exploitation; and (v) The carrying values of exploration, evaluation and development expenditure are carried forward and amortised over the expected useful life of each project. (q) Mining properties Mine properties represent the acquisition costs and/or accumulation of exploration, evaluation and development costs in respect of areas of interest in which mining has commenced. When further development expenditure is incurred in respect of a mine property after the commencement of production, such expenditure is carried forward as part of the mine property only when substantial future economic benefits are thereby established, otherwise such expenditure is classified as part of the cost of production. Amortisation is provided on a unit-of-production basis so as to write off the cost in proportion to the depletion of the proved and probable mineral resources. (r) Trade and other payables These amounts represent liabilities for goods and services provided to the Group prior to the end of financial year which are unpaid. The amounts are unsecured and are usually paid within 30 days of recognition. (s) Borrowings Borrowings are initially recognised at fair value, net of transaction costs incurred. Borrowings are subsequently measured a


 

Unexpected drastic measures of the Department of Health for England burden Celesio's five-year forecast Despite the burden for the 4th quarter, Celesio confirms the forecast for 2007 Stuttgart, 28 September 2007 --- The Department of Health for England has announced that it will cut reimbursement prices for medicines and fee payments for pharmacies. This will probably lead to an additional impact on Celesio's profit of more than 30 million euros in the 4th quarter of 2007. Celesio, however, confirms its forecast for 2007. In the 2007 fiscal year, Celesio is expecting EBITDA growth to outperform revenue growth and group profit before tax to increase for the 21st time in succession compared with the prior year. As a result of the unexpected rigorous government intervention in Great Britain, in addition to the measures introduced in the course of the year 2007 and the anticipated government cost cutting measures in 2008 in markets that are relevant for Celesio, leads to a correction of the company's mid-term forecast. Based on the current circumstances, Celesio is no longer expecting an average of double digit growth for pre-tax profit for the time period 2006 - 2010. Celesio announced that, just as in the past, every measure will be taken to compensate in as far as possible the effects of government intervention. However, according to the Chairman of the Management Board and Chief Executive Officer of Celesio Fritz Oesterle, the cost cutting measures of the Department of Health for England are so drastic and serious that major efforts are needed to keep up the current level of success. "Thanks to our outstanding management and the high commitment of staff in Great Britain, I am confident that we will succeed in this". About Celesio Group: In 2006 Celesio generated 21.6 billion euros revenue. More than 36,000 people work for the company. Celesio operates in 16 countries. The three business divisions Wholesale, Pharmacies and Solutions cover the whole spectrum of pharmaceutical distribution and services. In Wholesale 135 branches bring medicines to pharmacies about 100,000 times every day. About 2,100 pharmacies serve each day more than 500,000 customers. The Solutions division offers pharmaceutical manufacturers logistics and transportation services und supports them with sales and marketing. Press contact: Rainer Berghausen, Celesio AG, +49 (0)711.5001-549 rainer.berghausen@celesio.com --- End of Message --- Celesio AG Neckartalstrasse 155 Stuttgart Germany WKN: CLS100; ISIN: DE000CLS1001; Index: CDAX, MDAX, Prime All Share, CLASSIC All Share, HDAX, MIDCAP; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Amtlicher Markt in Bayerische Börse München, Amtlicher Markt in Börse Düsseldorf, Amtlicher Markt in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Amtlicher Markt in Börse Berlin;


 
Hitt og þetta
28. september 2007

Total voting rights

Pennine AIM VCT 5 plc Voting Rights and Capital 30 September 2007 In conformity with the Transparency Directive's transitional provision 6, Pennine AIM VCT 5 plc announces the following: The Company's capital at Pennine AIM VCT 5 plc 2007 consists of 22,570,908 Ordinary shares of 10 pence each. The Company does not hold any shares in treasury. Therefore the total number of voting rights in Pennine AIM VCT 5 plc is 22,570,908. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Pennine AIM VCT 5 plc under the FSA's Disclosure and Transparency Rules. ---END OF MESSAGE---


 

Fortis announced today that Fortis Bank has sold its remaining 144 million shares, representing 4% of the BCP share capital, to international investors. The transaction is part of Fortis's plan to dispose of non-core assets to help finance the acquisition of some activities of ABN AMRO, which a consortium made up of Fortis, Santander and Royal Bank of Scotland is acquiring through a public offer. Fortis remains committed to the bancassurance joint venture it has been operating with BCP Millennium, and which has proved successful since its inception in 2005. Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 35.1 billion (31/08/2007), Fortis ranks among the 20 largest financial institutions in Europe. Our sound solvency position, our presence in 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available at www.fortis.com. Press Contacts: Brussels: +32 (0)2 565 35 84 Utrecht: +31 (0)30 226 32 19 Investor Relations: Brussels: +32 (0)2 565 53 78 Utrecht: +31 (0)30 226 65 66


 

Since May 2004, Constantia Packaging AG, Vienna, has owned a 25% plus 1 share equity interest in Austria Metall AG(AMAG), Ranshofen. Since August 2006, Constantia Packaging AG has been in negotiations with Klaus Hammerer GmbH to acquire its 40% stake in AMAG and thereby gain a majority interest. Today marked the closing of the July 6, 2007 share purchase agreement with Klaus Hammerer GmbH and the ownership transfer of the shares, after all necessary authorizations from the competition authorities had been obtained. The closing of the share purchase agreement with the AMAG employee trust is expected in the next 10 days. AMAG's ownership structure will then break down as follows: Constantia Packaging AG will hold 73.45%, Constantia Packaging B.V., Netherlands 16.55% and the AMAG employee trust 10% of the shares. AMAG is Austria's leading manufacturer of cast and semi-finished aluminum products for the processing industry. In 2006, the company (excluding the extrusion business) had sales of approximately ¤830 million and some 1,300 employees. Constantia Packaging Group now has activities in the Flexible Packaging, Corrugated Board and Aluminum segments. With approximately 8,500 employees (including AMAG) in 19 countries in Europe, Asia and North America, the Group manufactures aluminum, plastic and corrugated board packaging for the food, beverage, pharmaceutical and automotive industries, among others. Projected sales in 2008 (including AMAG) will exceed ¤2 billion. - End of Ad-hoc Release - For further information: Constantia Packaging AG Veronika Zügel Head of Communications Martin Schneeweiss Investor Relations Hanno M. Bästlein Chief Executive Officer Opernring 17, A-1010 Vienna Tel.: +43 (01) 588 55-0 Fax: +43 (01) 588 55-106 E-mail: ir@constantia-packaging.com Web site: www.constantia-packaging.com


 
Hitt og þetta
28. september 2007

Interim Results

28 September 2007 SHANTA GOLD LIMITED "Shanta Gold" or the "Company" Interim Results for the 6 months to 30 June 2007 Overview Shanta Gold has continued with exploration activities in Central and Southern Tanzania. The main focus was on the delineation of strike extensions to mineralised targets identified during Phase 1 drilling at Singida. In addition, the Company finalised contractual arrangements to implement a Reverse Circulation Drilling programme at its Chunya-Saza property in Southern Tanzania, following encouraging exploration results achieved during first pass reconnaissance activities earlier in 2007. Regional reconnaissance exploration continued on newly acquired tenements in the Singida area, and encouraging gold-in-soil anomalism results have been achieved. The Company has also completed the verification of drilling data generated during the extensive Phase 1 Drilling Programme at Singida, and independent consultants are finalising the compilation of a JORC compliant resource statement. An extensive Induced Polarisation Survey, aimed at delineating strike extensions, of mineralised targets, was undertaken at the Singida Project. Singida Gold Project Exploration activities, prior to the commencement of a phase 2 drilling programme, undertaken at Shanta Gold's exploration targets in Singida during the second quarter of 2007 may be summarised as follows: * Geophysics and Remote Sensing: o Extensive Induced Polarisation grid establishment in areas adjacent to identified mineralised shear-hosted targets. o The completion of 106 line kilometres of gradient array Induced Polarisation surveying, with an additional 19.9 line kilometres of dipole-dipole array surveying completed to aid with interpretative work. * Completion of 215 pits, over an area covering approximately 220km2 to the west of the Singida Project, resulting in the delineation of anomalous gold-in-soil concentrations along a strike length in excess of 1km. * Completion of regional mapping on the Singida Project. * Completion of drill data verification. * Commissioning of block modelling of verified drill data. Induced Polarisation surveys conducted over areas adjacent to mineralised zones have resulted in the identification of several zones characterised by chargeability and resistivity anomalism consistent with sulphide mineralization and possible ductile shearing. The Company plans to commission an extensive mechanised trenching programme targeting all zones of Induced Polarisation anomalism. Trenching is planned for the first week of October 2007. Shanta Gold has also commenced block modelling of mineralised zones discovered during Phase 1 drilling at Singida conducted by independent consultants, GeoLogix MRC (Pty) Ltd. The consultants are currently finalising inferred resource findings for the six mineralised bodies, and results are expected in near future. The company plans to include these figures in a JORC compliant statement shortly after block modelling has been completed. Gold mineralisation at Singida occurs in altered and mineralised brittle-ductile shear zones developed in a meta-basaltic-, and meta-sedimentary Archaean succession. Shanta Gold is conducting reconnaissance exploration activities on other prospective tenements in the Singida Area on an ongoing basis. Saza Gold Target (Chunya Project) Field crews have been mobilised to start preparation for an upcoming Phase 1 Reverse Circulation (RC) drilling programme comprising 3000m at the Chunya - Saza Project. Drilling equipment has been sourced, and it is envisaged that the programme will commence in the first week of October 2007. RC drilling will be focused on four target areas identified during reconnaissance- and follow-up exploration. The primary drilling target areas are listed below: * Jamhuri Creek-gold zone >1200m strike length * Elizabeth Hill Northwest-gold zone >600m strike length * Black Tree Hill North-gold zone >400m strike length * Bauhinia Creek-gold zone >400m strike length The Elizabeth Hill Northwest-gold zone is adjacent to a portion of the Saza goldfield, known as Razorback, currently being explored by Helio Resource Corp. Songea Gold-Base Metal Project Shanta Gold plans to conduct follow-up exploration on its Songea portfolio of properties in areas where anomalous gold-copper-zinc concentrations were identified earlier in 2007 during a regional drainage sampling programme. The Company believes that the area is prospective for gold, copper, zinc, uranium and coal. The Company's portfolio in Songea is underlain by Late Proterosoic metamorphic rocks of the Usagaran System and a Late Paleaozoic to Mesozoic age sedimentary succession (Karoo Basin sedimentary rocks), the Ruhuhu Basin. This basin is prospective for coal and sandstone-style uranium deposits. Review of the coal-uranium potential (in addition to the copper-gold-zinc) within Shanta Gold's ground will form part of exploration activity in the ensuing period. Mgusu Project The Mgusu gold project is situated in the well-known Lake Victoria district greenstone belt adjacent to AngloGold Ashanti's Ridge 8 prospect and in the vicinity of the Geita mine. Shanta Gold anticipates commencing confirmatory exploration activity on this project in the near future. INTERIM REPORT The Company is pleased to announce the interim results for the 6 months to 30 June 2007. Consolidated results for the Company have been prepared using the same accounting policies and principles as the financial statements as at 31 December 2006. +-------------------------------------------------------------------+ | CONSOLIDATED | | INCOME STATEMENT | |-------------------------------------------------------------------| | | 6 months | 6 months | Year ended | | Notes | to | to | 31 | | | 30 June | 30 June | December | | | 2007 | 2006 | 2006 | | | US$000 | US$000 | US$000 | |--------------------------------+----------+----------+------------| | Revenue | - | - | - | |--------------------------------+----------+----------+------------| | Cost | - | - | - | | of Sales | | | | |--------------------------------+----------+----------+------------| | Other | - | 2 | 2 | | operating income | | | | |--------------------------------+----------+----------+------------| | Exploration costs | (1905) | (1 599) | (7 395) | |--------------------------------+----------+----------+------------| | Administrative | (915) | (965) | (1 606) | | expenses | | | | |--------------------------------+----------+----------+------------| | Share option costs | (259) | (227) | (726) | |--------------------------------+----------+----------+------------| | Operating | (3 079) | (2 789) | (9 725) | | loss | | | | |--------------------------------+----------+----------+------------| | Investment | 343 | 105 | 455 | | revenue | | | | |--------------------------------+----------+----------+------------| | Net | (2 736) | (2 684) | (9 270) | | loss for the period/year | | | | |--------------------------------+----------+----------+------------| | Loss per share basic (US | 2,82 | 4.23 | 12.27 | | cents) 1 | | | | |--------------------------------+----------+----------+------------| | Loss | 2.50 | 3.12 | 9.54 | | per share diluted(US cents) | | | | | 2 | | | | +-------------------------------------------------------------------+ Notes 1. Calculated on the loss for the period divided by the weighted average number of shares in issue (97 145 061) 2. Calculated on the loss for the period divided by the weighted average fully diluted number of shares in issue (109 580 867) +-------------------------------------------------------------------+ | CONSOLIDATED | | BALANCE SHEET | |-------------------------------------------------------------------| | | At | At | At 31 | | | 30 June 2007 | 30 June | December 2006 | | | US$000 | 2006 | US$000 | | | | US$000 | | |--------------------------+--------------+---------+---------------| | Assets | | | | |--------------------------+--------------+---------+---------------| | Non | | | | | current assets | | | | |--------------------------+--------------+---------+---------------| | Intangible | 1 530 | 1 312 | 1 431 | | assets | | | | |--------------------------+--------------+---------+---------------| | Property, | 509 | 270 | 359 | | plant and equipment | | | | |--------------------------+--------------+---------+---------------| | Goodwill | 3,318 | 3 318 | 3,318 | |--------------------------+--------------+---------+---------------| | | 5 357 | 4 900 | 5 108 | |--------------------------+--------------+---------+---------------| | Current | | | | | assets | | | | |--------------------------+--------------+---------+---------------| | Receivables | 221 | 158 | 289 | |--------------------------+--------------+---------+---------------| | Cash | 13 607 | 6 864 | 15 546 | | and cash equivalents | | | | |--------------------------+--------------+---------+---------------| | | 13 828 | 7 022 | 15 835 | |--------------------------+--------------+---------+---------------| | Total assets | 19 185 | 11 922 | 20 943 | |--------------------------+--------------+---------+---------------| | | | | | |--------------------------+--------------+---------+---------------| | Equity | | | | | and liabilities | | | | |--------------------------+--------------+---------+---------------| | Equity | | | | |--------------------------+--------------+---------+---------------| | Share | 18 | 12 | 17 | | capital | | | | |--------------------------+--------------+---------+---------------| | Share | 30 918 | 14 371 | 29 557 | | Premuim | | | | |--------------------------+--------------+---------+---------------| | Share | 1 407 | 649 | 1 148 | | option reserve | | | | |--------------------------+--------------+---------+---------------| | Warrant | 306 | 306 | 306 | | reserve | | | | |--------------------------+--------------+---------+---------------| | Translation | 492 | 396 | 400 | | reserve | | | | |--------------------------+--------------+---------+---------------| | Accumulated | (14 534) | (5 212) | (11 798) | | loss | | | | |--------------------------+--------------+---------+---------------| | | 18 607 | 10 522 | 19 630 | |--------------------------+--------------+---------+---------------| | | | | | |--------------------------+--------------+---------+---------------| | Non current liabilities | | | | |--------------------------+--------------+---------+---------------| | Loans | 340 | 508 | 340 | | payable to related | | | | | parties | | | | |--------------------------+--------------+---------+---------------| | Current | | | | | liabilities | | | | |--------------------------+--------------+---------+---------------| | Other payables and | 238 | 892 | 973 | | accruals | | | | |--------------------------+--------------+---------+---------------| | Total | 19 185 | 11 922 | 20 943 | | equity and liabilities | | | | +-------------------------------------------------------------------+ +-------------------------------------------------------------------+ | CONSOLIDATED | | CASH FLOW STATEMENT | |-------------------------------------------------------------------| | | | | | | | 6 months | 6 months | Year ended | | | to | to | 31 December | | | 30 June | 30 June | 2006 | | | 2007 | 2006 | US$000 | | | US$000 | US$000 | | |-------------------------------+----------+----------+-------------| | Cash outflow from operations | (3 060) | (1 476) | (7 680) | |-------------------------------+----------+----------+-------------| | Cash flows from investing | | | (1 | | activities | (237) | (958) | 205) | | (net) | | | | |-------------------------------+----------+----------+-------------| | Cash flows from financing | | | | | activities | 1 362 | 3 997 | 19 023 | | (net) | | | | |-------------------------------+----------+----------+-------------| | Increase/decrease) | (1 935) | 1 563 | 10 138 | | in cash | | | | |-------------------------------+----------+----------+-------------| | Cash | | 5 301 | | | and cash equivalents at the | 15 546 | | 5 301 | | beginning of the period/year | | | | |-------------------------------+----------+----------+-------------| | Foreign | (4) | | 107 | | exchange adjustment | | | | |-------------------------------+----------+----------+-------------| | Cash and cash equivalents | 13 607 | 6 864 | 15 546 | | at the end of the period/year | | | | +-------------------------------------------------------------------+ +--------------------------------------------------------------------------------------------+ |CONSOLIDATED | |STATEMENT OF CHANGES IN EQUITY | |For the periods to 30 June 2007 | |--------------------------------------------------------------------------------------------| | |Share |Share |Share |Warrant|Translation|Accumulated|TOTAL | | |Capital|Premium|Option |Reserve|Reserve |Loss | | | | | |Reserve| | | | | | |US$000 |US$000 |US$000 |US$000 |US$000 |US$000 |US$000 | |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Balance at 31 December 2005 | 11| 10 009| 422| 672| 119| (2 528)| 8 705| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Shares issued | 1| 4001| | | | | 4 002| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Shares issue expenses | | (5)| | | | | (5)| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Share option costs | | | 227| | | | 227| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Trf. on exercise of warrants| | 366| | (366)| | | -| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Translation on consolidation| | | | | 277| | 277| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Loss for the period | | | | | | (2 684)|(2 684)| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Total equity | | 14| | | | (5| 10| |at 30 June 2006 | 12| 371| 649| 306| 396| 212)| 522| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Shares issued | 5| 15230| | | | | 15 235| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Shares issue expenses | | (44)| | | | | (44)| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Share option costs | | | 499| | | | 499| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Translation on consolidation| | | | | 4| | 4| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Loss for the period | | | | | | (6 586)|(6 586)| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Total equity | | 29| 1| | | (11| 19| |at 31 December 2006 | 17| 557| 148| 306| 400| 798)| 630| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Shares issued | 1| 1361| | | | | 1 362| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Shares issue expenses | | | | | | | -| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Share option costs | | | 259| | | | 259| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Translation on consolidation| | | | | 92| | 92| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Loss for the period | | | | | | (2 736)|(2 736)| |----------------------------+-------+-------+-------+-------+-----------+-----------+-------| |Total equity | | 30| 1| | | | 18| |at 30 June 2007 | 18| 918| 407| 306| 492| (14 534)| 607| +--------------------------------------------------------------------------------------------+ For further information please contact: Richard Shead Shanta Gold Limited Tel +27 11 728 8822 ---END OF MESSAGE---


 

Company has signed agreement to acquire the remaining shares of Paris/Madagascar-based Aromatics S.A.S. Paris/Holzminden, September 2007 - Symrise GmbH & Co. KG, of Holzminden, Germany, one of the world's leading manufacturers of flavors and fragrances, is continuing to expand its international business activities in the sector of natural raw materials and extracts. In 2006, Symrise acquired a minority interest in France-based Aromatics S.A.S., a well-established supplier of natural raw materials like vanilla, cocoa, coffee, botanical extracts and seafood with facilities in Paris, Grasse and on Madagascar. After one year of partnership Symrise now will acquire the remaining shares of the company and own 100% of the Aromatics assets. "This backward integration in the field of vanilla has successfully proven that it translates into first-class raw materials and a secure supply chain, as well as reliability and traceability for our customers," said Heinrich Schaper, President Flavor & Nutrition EAME (Europe, Africa, Middle East) at Symrise. Aromatics was founded in 1999 by Michel de Franssu. The acquisition is the latest step in the long-standing business relationship between the two companies. Michel de Franssu will take over responsibilities in business development within the Symrise Group and will continue to manage the Madagascar operation. The acquisition will enable Symrise to fully exploit its expertise in this farm-to-fork approach and will create excellent synergies in R&D, sourcing, product development and global marketing. The company thereby once again follows its strategy to always deliver an added value to customers and consumers. That's what Symrise calls "the power of 'and'". Today Symrise provides natural, nature-identical and artificial vanilla along with pure vanilla extracts. "This investment creates a powerful platform that will enable us to produce extracts at their site of origin which comply with the U.S. FDA standard of identity. Furthermore, Symrise remains committed to its social responsibility: it is currently applying for organic and fair trade certification, and it actively supports social programs on Madagascar," noted Heinz-Juergen Bertram, President Global Flavor & Nutrition. Symrise operates a comprehensive sustainability program to ensure solid business ethics, product traceability and quality. In both companies, sustainability development is more than something that is done to fulfill legislation requirements: it is an integrated part of the core values. About Symrise Symrise is a global supplier of fragrances, flavorings and raw materials and active ingredients for the perfume, cosmetics and food industry. Its sales of ¤1.23 bn in 2006 place the company among the top four in the international flavors and fragrances market. Headquartered in Holzminden, Germany, Symrise maintains a total of 31 sites in Europe, Asia, the United States and South America. With approximately 50 registered patents each year, Symrise is one of the most innovative manufacturers on the market. Used by manufacturers of perfumes, cosmetics and foods, our products are an inseparable part of daily life. At Symrise we combine an awareness of consumer trends with cutting-edge technologies, focusing on innovative fashion and lifestyle products that have additional practical value for the consumer. Symrise - always inspiring more... www.symrise.com Contact: Katja Derow, red roses communications, Tel.: +49 40 46 96 770-10, Email k.derow@redroses-pr.com --- End of Message --- Symrise AG Mühlenfeldstraße 1 Holzminden Germany WKN: SYM999; ISIN: DE000SYM9999; Index: MDAX, TecDAX; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, Prime Standard in Frankfurter Wertpapierbörse;


 

ING announced today that it has closed the sale of ING Insurance Belgium NV, its Belgian Broker and Employee Benefits insurance business to P&V Verzekeringen. The sale, which was previously announced on 29 June 2007, results in a capital gain of EUR 418 million and an improvement of 130 basis points of the debt / equity ratio of ING Group. The transaction will be booked in the third quarter of 2007. ING Insurance Belgium had a total premium income of EUR 1,650 million in 2006 of which EUR 699 million was generated through its Broker and Employee Benefits insurance business. The Brokers and Employee Benefits business employs about 840 employees. ING will continue to sell life and non life insurance products in Belgium by focusing on the distribution through its retail banking channels (ING Belgium and Record Bank). +-------------------------------------------------------------------+ | Press enquiries: ING Group | | Carolien van der Giessen, +31 (0) 20 541 6522, | | carolien.van.der.giessen@ing.com | | Louise van Heel, +32 (0) 2 547 2449, louise.vanheel@ing.be | +-------------------------------------------------------------------+ ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in over 50 countries. With a diverse workforce of about 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.


 

Our annual Capital Market Day will be held in Stockholm, Sweden, on Thursday 29 November. The program will start at 9.00 and continue until 17.00 followed by a dinner. An invitation including registration details will be sent out within the next couple of weeks. For further questions please contact Hedvig Wennerholm on +46 8 506 485 51 or via e-mail: hedvig.wennerholm@assaabloy.com. Sincerely yours, Johan Molin President & CEO


 

YIT CORPORATION September 28, 2007 at 2:45 p.m. CORPORATE RELEASE LARGEST SHAREHOLDERS ANNOUNCEMENT NOTIFICATION OF CHANGE IN PORTION OF HOLDINGS PURSUANT TO THE SECURITIES MARKETS ACT, CHAPTER 2, SECTION 9 On September 28, 2007, YIT Corporation received the following notification, pursuant to the Securities Markets Act, concerning a change in a shareholding in the company: Varma Mutual Pension Insurance Company's portion of holdings of YIT Corporation's total number of shares and votes fell below one twentieth (1/20). Under the Securities Markets Act, Chapter 2, Section 9, we report the following information to the Financial Supervision Authority and YIT Corporation: 1. The target company's name and business ID: YIT Corporation, business ID 0112650-2 2. Basis of flagging notification: A sale of shares which was made yesterday, September 27, 2007. 3. Time when the portion of holdings changed: September 27, 2007 4. Portion of the target company's share capital and number of votes Varma Mutual Pension Insurance Company now owns YIT Corporation shares as follows: No. of shares Portion of total shares Portion of votes 6,115,208 4.82% 4.82% The total number of YIT Corporation's shares is 126,906,258 shares, which confer a total of 126,906,258 votes. 5. Shareholder's name and business ID: Varma Mutual Pension Insurance Company, business ID 0533297-9 Helsinki, September 28, 2007 VARMA MUTUAL PENSION INSURANCE COMPANY Risto Murto Mervi Salonen YIT CORPORATION Veikko Myllyperkiö Vice President, Corporate Communications For additional information, contact: Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yit.fi


 

BASWARE CORP. STOCK EXCHANGE RELEASE SEPTEMBER 28, 2007 BasWare Corp. has agreed to deliver an extensive procurement solution to the Oulu region. The solution will be taken in to use at the Oulu region, including the City of Oulu, and the cities of Kuusamo, Pudasjärvi, Raahe and the Oulu Region Joint Authority for Education. The Oulu South, Raahe regional municipalities, Oulunkaari municipalities, Posio and Taivalkoski municipalities can join the service based on this resolution. The region aims in its development to adopt a common procurement system. The solution covers BasWare Purchase Management as well as the new sourcing solution, BasWare RFx Management. The agreement also includes the option to extend the solution to cover the new contract management solution and a solution for versatile reporting. The solution will be implemented as a so-called Software as a Service (SaaS) delivery. The service covers BasWare's procurement solutions and services related to the implementation as well as continuous services related to system administration and maintenance of electronic product catalogues. In addition, the agreement also covers services related to the technical platform. The value of the agreement to be signed based on the resolution is over EUR 1 million and includes the implementation process as well as the continuous fees based on the amount of users. The solutions will have a total of 3 000 end users at the Oulu region. With the sourcing solution, the Oulu region can carry out a competitive bidding process complying with the public sector procurement legislation. The solution increases the efficiency and control of the procurement process. The sourcing solution integrates seamlessly with BasWare Purchase Management. The City of Oulu already uses BasWare Invoice Automation solutions and the procurement solution will also be integrated to the solutions used by other municipalities in the region. By adding the procurement solutions, the region can now automate the entire purchase to pay process. "This agreement attest to our solution's suitability and competitiveness in managing public sector procurement. Our solution covers the entire purchase to pay process, making it a unique solution in the market, " says Ilkka Sihvo, CEO, BasWare Corp. BasWare Purchase Management, BasWare RFx Management and BasWare Contract Lifecycle Management are part of the company's Enterprise Purchase to Pay suite. The solutions enable medium to large companies to improve efficiencies and control and reduce costs as well as meet compliance requirements. For more information, please contact CEO Ilkka Sihvo, BasWare Corp. Tel. +358 9 8791 7251 or +358 40 501 8251 BASWARE CORP. Ilkka Sihvo Distribution Helsinki Stock Exchange Key media www.basware.com


 

Metso has finalized the sale of assets of its press and energy business in Hannover, Germany to Siempelkamp Energy Systems GmbH, a wholly owned subsidiary of Siempelkamp Maschinen- und Anlagenbau GmbH & Co. KG of Germany. The business is transferred to the buyer on September 28, 2007. Metso will book a small gain related to the divestment in the third quarter of 2007. On the date of the transfer, Metso Panelboard discontinues to offer its own continuous presses, energy plants and related aftermarket services to the wood-based panels market, and the related service and modernization business are taken over by Siempelkamp. Metso Panelboard continues as a business line within Metso Paper business area. Following the divestment, Metso Panelboard will remain a major supplier to the global wood-based panels industry, with focus on supplying key process units and environmental solutions for MDF and particleboard production through its own sales and service organization. Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its more than 26,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com For further information, please contact: Pentti Välimäki, President, Metso Panelboard Tel. +358 40 500 5009 Metso Corporation Olli Vaartimo Executive Vice President and CFO Kati Renvall Vice President, Corporate Communications distribution: Helsinki Stock Exchange New York Stock Exchange Media www.metso.com


 

BASWARE CORP. STOCK EXCHANGE RELEASE SEPTEMBER 28, 2007 BasWare Corp. has been chosen to deliver a comprehensive procurement solution to the Finnish State Treasury, to be taken in to use in the entire state administration. BasWare's procurement solutions will be implemented as a so-called Software as a Service (SaaS) delivery. The service covers BasWare's procurement solutions and services related to the implementation as well as continuous services related to system administration and maintenance of electronic product catalogues. In addition, the service also covers services related to the technical platform. The value of the agreement to be signed based on the resolution is over EUR 4.9 million for the first two years, based on the overall price used in the offer comparison. The agreement will include the implementation project as well as the continuous fees based on the amount of users. The solution will have approximately 40 000 end users. "The State Treasury is our most significant public sector customer for our procurement solution. Our solutions streamline public sector procurement processes and also generate cost savings," says Ilkka Sihvo, CEO, BasWare Corp. The BasWare solution will be integrated to the State Treasury's existing invoice processing system. The BasWare solutions now automate the entire purchase to pay process of the state administration, from purchase requisition creation to electronic invoice processing and transfer to payment. For more information, please contact CEO Ilkka Sihvo, BasWare Corp. Tel. +358 9 8791 7251 or +358 40 501 8251 BASWARE CORP. Ilkka Sihvo Distribution Helsinki Stock Exchange Key media www.basware.com


 

- Co-operation has been agreed - commercial application from 2020 - 90 per cent of CO2 to be removed from combustion gas Essen/Cologne, Ludwigshafen, Munich, 28 September 2007 - RWE Power, BASF and The Linde Group have agreed on the development of new processes for CO2 capture from combustion gases in coal-fired power plants today. The co-operation will comprise the construction and operation of a pilot facility at the lignite-fired power plant of RWE Power AG in Niederaussem to test new developments and solvents from BASF for the capture of CO2 - so-called CO2 scrubbing. Linde will be responsible for the engineering and the construction of the pilot facility. "We are accepting the challenges of climate protection and want to be proactive in pushing all the available options for the reduction and avoidance of CO2. We are confident that, together with our partners, we will soon be developing the process of CO2 capture to commercial maturity so that this technology can be deployed in new and existing modern coal-fired power plants in the future," said Dr. Johannes Lambertz, Board member of RWE Power with responsibility for fossil- fuelled power plants. "BASF conducts worldwide research on products to conserve resources and energy. By entering into this collaboration with RWE Power and Linde, we are contributing our wide-ranging expertise in CO2 capture technology. Our research is seeking to find a suitable solvent for the efficient capture of CO2," said Dr. Stefan Marcinowski, research representative and Board member of BASF. "This promising co-operation of three responsible major companies can provide an important impetus to climate protection," said Dr. Aldo Belloni, member of the Executive Board of Linde AG. "It is the aim of the Linde Group to help reduce emissions wherever possible. Our activities include continuous efficiency improvements of our plant designs for the benefit of our customers, CO2 capture methods as well as expedient recycling systems and the production of environmentally friendly alternative fuels." The purpose of the planned pilot facility is the long-term testing of new solvents with a view to gaining an understanding of processes and plant engineering to improve CO2 capture technology. The goal is to apply CO2 capture commercially in lignite-fired power plants by 2020. The new technology should enable us to remove more than 90 per cent of CO2 from the combustion gas of a power plant and then subsequently to store this gas underground. Once we have successfully completed our pilot tests, we will decide on a subsequent demonstration plant in 2010. This will be designed to provide a reliable basis for the commercialisation of the new process. RWE Power has earmarked a budget of approximately EUR 80 million for the development project, including the construction and operation of the pilot facility and demonstration plant. "There is agreement among experts," says Lambertz, "that coal will continue to be an important pillar in the global energy supply for decades to come. This is why we have set up a long-range CO2 avoidance strategy: we are building the most efficient coal-fired power plants in the world, and we are developing a new generation of power plants for tomorrow, with an efficiency of over 50 per cent. We are already designing all our modern coal-fired power plants so that they can eventually be equipped with the CO2 capture technology that is currently being developed with BASF and Linde. The aim must be to set up not only highly modern plants from 2020, but also virtually carbon-neutral coal-fired power plants including storage." Apart from the so-called CO2-scrubbing method, RWE Power is also developing the first carbon-neutral coal-fired power plant with CO2 transport and storage, based on the integrated gasification combined-cycle process (IGCC). This large-scale 450-MW plant is due to come on stream in 2014, although no decision has yet been taken as to where it should be located. With a view to climate protection, RWE Power has also decided to expand renewable energies throughout Europe, with the focus on generating electric power from water, wind and biomass. RWE and BASF have been involved in the CASTOR project since early 2004, a research project that is sponsored by the European Union (EU) and which seeks to find methods to remove CO2 from combustion gases and to store it. The project is also supported by a number of prestigious European universities, research institutions, public authorities and industrial enterprises, including several renowned power plant operators, oil and gas companies and plant manufacturers. RWE Power is the largest German electricity producer responsible for the Group's generation of electric power in Germany as well as in Central/Eastern Europe. RWE Power uses a wide range of energy sources: lignite from open-cast mines in the Rhineland and nuclear energy for the base load, as well as hard coal, gas and renewable energies such as water, wind and biomass for medium and peak loads. RWE Power and its subsidiaries employ a workforce of over 17,000, both in Germany and abroad. BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of ¤52.6 billion in 2006. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com. The Linde Group is a world-leading gases and engineering company with around 49,000 employees working in more than 70 countries worldwide. Following the acquisition of The BOC Group plc, the company has sales of around 12 billion euro per annum. The strategy of The Linde Group is geared towards earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. For more information, please see The Linde Group online at http://www.linde.com For further information: The Linde Group Stefan Metz Tel. +49.89.35757-1322 RWE Power Lothar Lambertz Tel. +49.2011223-984 BASF Financial Press: Ingrid Nienaber Tel. +49.621.6099-123 Trade Press: Klaus-Peter Rieser Tel.: +49.621.6095-138


 

Nordea will publish financial reports on the following dates: 13 February - full year 2007 29 April - interim report for the first quarter 22 July - interim report for the second quarter 23 October - interim report for the third quarter The Nordea Bank AB Annual Report is expected to be published on the Internet at the beginning of March 2008 at www.nordea.com. A printed version of the Annual Report will be available mid-March. Nordea's Annual General Meeting will be held on 3 April 2008. Detailed information will be available on www.nordea.com closer to each date. For further information: Johan Ekwall, Head of Investor Relations, +46 8 614 7852 Atte Palomäki, Chief Press Officer, +358 9 165 42325, +358 40 547 6390


 

This announcement and the information contained herein are restricted and are not for release, publication or distribution, in whole or in part, in or into the US, Canada, Australia or Japan. In the voluntary public takeover offer to acquire all outstanding shares in LHS Aktiengesellschaft (ISIN DE000LHS4000, WKN LHS400), Ericsson (NASDAQ:ERIC), through an indirectly held wholly owned subsidiary, has purchased shares and received acceptances representing together approximately 84 percent of the outstanding shares and voting rights in LHS. The statutory additional acceptance period will run until October 8, 2007. All conditions to the offer have been fulfilled. The offer has been accepted for 2,475,462 LHS shares as of the end of the acceptance period, which in addition to the 9,742,780 LHS shares acquired by Ericsson, amounts to 12,218,242 LHS shares, representing approximately 84 percent of the total number of LHS shares outstanding. Pursuant to German takeover law, an additional acceptance period will run until October 8, 2007, allowing all LHS shareholders who have not yet accepted the offer the chance to still do so. On September 18, 2007, Ericsson declared that all the conditions to the offer had been fulfilled during the acceptance period. Ericsson intends to complete the offer in accordance with the procedure described in the offer document. Notes to editors: Ericsson announces cash offer to acquire LHS www.ericsson.com/ericsson/press/releases/20070605-1131109.shtml Commencement of a voluntary cash offer to LHS www.ericsson.com/ericsson/press/releases/20070709-1138229.shtml Public takeover offer for LHS Aktiengesellschaft www.ericsson.com/ericsson/investors/events/2007/lhs_offer_en.shtml Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at http://www.ericsson.com FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Media Relations Phone: +46 8 719 6992 Email: press.relations@ericsson.com Ericsson Investor Relations Phone: +46 8 719 4631 E-mail: investor.relations.se@ericsson.com


 

The ongoing measures to rectify the delivery problems at HTH resulting from changes aimed at increasing productivity in the factory, as reported in the Q2 Interim Report, have not proceeded at a satisfactory pace. Therefore, Nobia has appointed Preben Bager as acting business unit manager of HTH to replace Henning Storm. In addition, the technical manager of HTH, Henry Koch, will leave the company. Preben Bager was business unit manager of HTH between 1992 and 2004. He is currently business unit manager for Magnet in the UK, as well as executive vice president operations for the UK region. He will divide his time between Denmark and the UK until the recruitment of a permanent business unit manager is completed. Henning Storm will remain within the Nobia Group to assist the new HTH management. Nobia AB 28 September 2007 For further information, contact: * Fredrik Cappelen, President and CEO Nobia * Preben Bager, Acting Business Unit Manager HTH and EVP Operations UK region * Ingrid Yllmark, Director Communications and IR, Nobia Telephone: +46 8 440 16 00 or +46 (0)708 65 59 00 As the leading kitchen company in Europe, Nobia is championing the consolidation of the European kitchen industry. Nobia creates profitable growth by enhancing efficiency and making acquisitions. The Nobia Group works with 20 strong brands in many European countries. Sales are mainly generated through specialised kitchen studios, both wholly owned and franchised. The Group has about 8,000 employees and net sales of approximately SEK 16 billion. Nobia is listed on the OMX Nordic Exchange in Stockholm. More information is available at www.nobia.com. EWE-FM - Gower - HTH - Hygena - Invita - Magnet - Marbodal - Myresjökök Norema - Novart - Optifit - Poggenpohl - Pronorm - Sigdal


 

Today, Nationale Suisse transferred its shares in Nationale Suisse Assurances Paris to AXA France, thus completing the share purchase agreement concluded on 23 July 2007. The transaction has been approved by the relevant French authorities. Nationale Suisse Assurances Paris was founded in 1965 as a subsidiary, having formerly been a Nationale Suisse branch office. Its premium volume amounts to just over EUR 100 million. Now that official approval has been given, the integration of Nationale Suisse's distribution network in France - consisting of 165 general agents and 220 brokers - into AXA's can go ahead. The remaining staff of Nationale Suisse, approximately 80, will be integrated into the purchaser's teams. Brief profile Nationale Suisse is an innovative, The headquarters of the international Swiss insurer providing Swiss National Insurance first-rate risk and pension solutions and Company is in Basel. tailored niche products. The Group has gross Nationale Suisse is premiums of CHF 1.73 billion, 35.0 % of listed on the SWX Swiss which come from their subsidiaries in Exchange (NATN). On 30 Germany, France, Belgium, Italy and Spain. June 2007 the Group employed 1,978 persons (1,843 FTEs). Downloads Disclaimer You can access this media release on our Swiss National Insurance website www.nationalesuisse.ch under Company wishes to point Medien/Medienmitteilung. out that any forward-looking statements in this report are based on projections, estimates and assumptions. The influence of uncertain and unforeseeable circumstances and certain risks may mean that actual performance deviates significantly from our expectations. Information Sabrina Pagnetti Head of Information & Communication Tel. +41 61 275 22 33 Fax +41 61 275 22 21 sabrina.pagnetti@nationalesuisse.ch Nationale Suisse Steinengraben 41 4003 Basel www.nationalesuisse.ch --- End of Message --- Nationale Suisse Steinengraben 41 Basel WKN: 1081197; ISIN: CH0010811971; Index: SMCI, SPI, SPIEX; Listed: Main Market in SWX Swiss Exchange;


 

Due to the extensive travel schedule of Simrad Optronics ASA's CEO, the Q3 presentation will be postponed from Oct. 25 to Nov. 2, 2007. For further information, please contact: Jon Asbjørn Bø CEO (+47) 930 86 932 jab@simrad-optronics.no.


 

Espoo, Finland - A total of 846 510 shares of Nokia Corporation ("Nokia") were subscribed for between 4.9.2007 - 24.9.2007 based on Nokia's 2001, 2003 and 2005 employee stock option plans. The total amount of subscription prices, EUR 12 538 844.25, is recorded in the fund for invested non-restricted equity. The new shares carry full shareholder rights as from the registration date September 28, 2007. The shares are admitted to public trading on the Helsinki Exchanges as of the same date together with the old Nokia share class (NOK1V). After the registration, the total number of shares is 3 935 542 025 including the shares held by the company. Media Enquiries: Nokia Communications Tel: +358 7180 34900 E-mail: press.office@nokia.com www.nokia.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;


 

Stavanger, Norway On September 27, 2007, the company bought 100,000 Ocean Rig shares at an average price of NOK 39.1689 per share. After this repurchase, the company owns 8,104,600 Ocean Rig shares. The number of outstanding shares, net of shares held by Ocean Rig ASA, is 162,270,380. Ocean Rig may from time to time purchase its ordinary shares or other securities in open market transactions. Ocean Rig owns and operates two of the world's largest and most modern drilling rigs, built for ultra deep waters and extreme weather conditions. Eirik Raude is currently operating in the US Gulf of Mexico while Leiv Eiriksson is in transit to Las Palmas to upgrade for North Sea operations. NOTE: This press release contains forward-looking statements (within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended) which reflect the Company's current views with respect to certain future events and financial performance. Actual events or results may differ materially from those projected or implied in such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or otherwise. The following important factors, among other, could cause actual results to differ materially from those projected or implied in any forward-looking statements: (i) our results of operation and financial conditions in the future; (ii) the performance of our rigs, including the sufficiency of their design and their ability to prevent discharges of hazardous materials and pollutants; (iii) our ability to generate sufficient cash-flow to meet our debt service requirements; (iv) our ability to retain existing contracts and secure future drilling contracts for our rigs at attractive day rates; (v) our ability to perform our operations in accordance with our plans; (vi) the impact of changed conditions in the oil and gas industry; (vii) the occurrence of any accidents involving the Company or its assets; (viii) changes in governmental regulations, particularly with respect to environmental matters; (ix) increased competition or the entry of new competitors into the Company's markets; and (x) unforeseen occurrences in any of the areas in which the Company may conduct its operations, such as war, expropriation, nationalization, renegotiation or nullification of existing licenses or treaties, taxation and resource development policies, foreign exchange restrictions, changing political conditions and other risks relating to foreign governmental sovereignty over certain areas in which the Company will conduct operations. Due to such uncertainties and risks, investors are cautioned not to place undue reliance upon such forward-looking statements. For further information, please contact Finance Manager Andreas Lian Kvam, tel +47 51 96 90 00. Stavanger, September 28, 2007 Ocean Rig ASA


 

AIM RELEASE 28 September 2007 DISCOVERY METALS LIMITED FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2007 A complete copy of the Financial Report for the year ended 30 June 2007 is available on the Company's website at http://www.discoverymetals.com.au/investor_asx.cfm DIRECTORS REPORT Your directors present their report on Discovery Metals Limited and its subsidiaries ("the consolidated entity") for the year ended 30 June 2007. THE BOARD OF DIRECTORS The names of the directors of Discovery Metals Limited in office at any time during or since the end of the year are: GORDON GALT (Date of Appointment 09.05.07) B.Eng (Hons), B Comm, Grad Dip Applied Finance, MAusIMM, MAICD Chairman Gordon Galt is a senior mineral resources executive and an experienced director with international mineral industry experience. During his career, Mr Galt has worked in senior management, technical and operational roles across a wide range of commodities, primarily in gold, coal, magnesium and copper/lead/zinc. Mr Galt is by training, a mining engineer with post-graduate qualifications in finance. Both degrees are from the University of Queensland. During the past ten years Mr Galt has worked mainly as the Managing Director of companies engaged in the development and operation of large resource projects, and he has also spent a period of time in banking. Mr Galt is currently engaged in funds management and corporate advisory work. In previous roles, Mr Galt has demonstrated a track record of creating shareholder value through analysis of a company's strategic position, followed by implementation of appropriate corporate strategies, fund raising and motivating teams of senior resource professionals. During the past three years Mr Galt has held the following listed company directorships: * Gloucester Coal Limited from April 2004 to August 2007 * Magnesium International Limited from August 2002 to January 2006 * Aquila Resources Limited from August 2007 to present JEREMY READ (Date of Appointment 30.05.03) BSc (Hons), MAusIMM Managing Director Jeremy Read has 20 years domestic and international mineral's exploration experience and was previously the Manager of BHP Minerals Australian Exploration Team. He has extensive exploration experience for nickel sulphides and played a critical role in the discovery of the Kabanga North Ni deposit, in Tanzania. He is skilled in developing new technical teams, management of technical/specialist service groups, project generation activities, risk management and multi-commodity mineral exploration. During his employment with BHP Mr Read participated in the development of several significant strategic exploration alliances. Mr Read has been the Managing Director of Discovery Metals since its incorporation in May 2003. MORRICE CORDINER (Date of Appointment 30.05.03) LLB, ASIA Non-Executive Director Morrice Cordiner has over 17 years experience in the Finance and Resources industries both in the UK and Australia and has been involved in the financing and management of a number of junior listed companies, predominantly in the mining sector. Mr Cordiner was formerly an executive director of Waverley Mining Australia, a funds management group that specialised in investing in the Australian Resource sector. In this capacity he held a number of Board positions as Waverley's representative on its investee company Boards. During the past three years Mr Cordiner has held the following listed company directorships: * Andean Resources Limited from 12 December 2003 to present * AIM Resources Limited from 16 May 2002 to 30 September 2004 * Golden Valley Gold Mines from 11 October 1999 to 14 January 2004 JOHN SHAW (Date of Appointment 14.11.06) BSc (Geological Engineering), FAusImm, MCIM, FAICD, SME Non Executive Director John Shaw has over 40 years experience in exploration, development and operations of open cut and underground mines. He previously was Vice President of the Australian Operations of Placer Dome Asia Pacific Limited and Managing Director of Kidston Gold Mines. Mr Shaw is a former Chairman of Gallery Gold Limited and Zimbabwe Platinum Mines Limited, and was involved with the development of the Mupane Gold Mine in NE Botswana. Mr Shaw is also Chairman of Lodestone Exploration Limited and Tri Origin Minerals Limited and a non executive director of IAMGOLD Corporation and Quadra Australia Pty Ltd. During the past three years Mr Shaw has held the following listed company directorships: * IAMGOLD Corporation from March 2006 to present * Tri Origin Minerals Limited from October 2003 to present * Lodestone Exploration Limited from May 2002 to present * Gallery Gold Limited from November 2003 to March 2006 * Kingsgate Consolidated Limited from September 2000 to March 2005 TOM EADIE (Date of Appointment 14.10.03 - Resigned 09.05.07) BSc (Hons), Msc, FAusIMM, ASIA Chairperson Tom Eadie has twenty-five years of experience within the junior resources sector and technical to senior executive levels with major mining companies such as Pasminco, Aberfoyle Resources and Cominco. At Pasminco he was Executive General Manager Exploration & Technology for 11 years. He is a past director of the AusIMM. During the past three years Mr Eadie has held the following listed company directorships : * Austminex NL from 11 June 2002 to 11 June 2003 * Copper Strike Limited from 24 November 2004 SCOTT REID (Date of Appointment 30.05.03 - Resigned 01.08.06) BSc, Grad Dip Sco (Geophys), ASIA Non-Executive Director Scott Reid has a background in mineral exploration (geophysics) worldwide, financial analysis of resource projects and companies and applied finance and mineral economics. He is a specialist corporate advisor and resources analyst in the small cap mining, mineral and energy sectors. Mr Reid has extensive experience in mergers and acquisitions, rights issues, IPO's and other capital raisings, drafting and managing prospectuses, compliance process and investor relations. He has been a director of a number of listed companies. During the past three years Mr Reid has held the following listed company directorships: * AIM Resources Limited * Andean Resources Limited from 12 December 2003 to 26 April 2005 KARL SCHLOBOHM B Comm, B Econ, M Tax, CA, AICD Chief Financial Officer (Date of Appointment 24.05.07) Company Secretary (Date of Appointment 01.08.06 - Resigned 24.05.07) Karl Schlobohm has over 15 years experience in chartered accounting and business advising and is a member of the Institute of Charted Accountants and the Australian Institute of Company Directors. Mr Schlobohm is currently a director of Prosperity Advisers, and also acts as the company secretary of the ASX listed Linc Energy Limited and Agenix Limited, where he is also a non-executive director. He is also the Chairman of the public unlisted Australasian Retail Media Group which specialises in the provision of in-store retail radio for Super Cheap Auto, K-Mart and IGA stores throughout Queensland. ROSLYNN SHAND (Date of Appointment 24.05.07) BA, LLB, FCIS Company Secretary Roslynn Shand has a combined degree in Arts/Law from the University of Queensland, is a fellow of the Chartered Secretaries Australia and has considerable experience in the company secretarial area. She has been a company secretary for over 15 years for entities in the financial, agricultural and mining sectors. Directors Interest Direct Indirect Direct Unlisted Director Fully Paid Fully Paid Options Shares Shares T Eadie (resigned - - 1,000,000 09.05.07) G Galt - 200,000 - J Read 290,000 3,000,000 M Cordiner - 1,000,000 J Shaw - 100,000 1,000,000 S Reid (resigned - - - 01.08.06) Options Unlisted Options that were granted over unissued shares or interest during or since the end of the year by Discovery Metals to directors or any of the five most highly remunerated officers as part of their remuneration are as follows: Name of Executive Grant Date Date of Exercise Number or Director Expiry Price Jeremy Read 22 December 1 February $0.30 750,000 Jeremy Read 2006 2008 $0.35 750,000 Jeremy Read 22 December 1 February $0.30 750,000 Jeremy Read 2006 2008 $0.35 750,000 22 December 1 February 2006 2009 22 December 1 February 2006 2009 Morrice Cordiner 22 December 1 February $0.30 500,000 Morrice Cordiner 2006 2009 $0.35 500,000 22 December 1 February 2006 2009 John Shaw 30 March 2007 1 May 2010 $0.30 500,000 John Shaw 30 March 2007 1 May 2010 $0.35 500,000 Quinton Hills 1 May 2007 1 May 2010 $0.30 500,000 Tom Eadie 22 December 1 February $0.30 500,000 Tom Eadie 2006 2009 $0.35 500,000 (resigned 22 December 1 February 09.05.07) 2006 2009 At the date of this report, the unissued ordinary shares of Discovery Metals under option are as follows: Grant Date Date of Expiry Exercise Price Number 22 December 2006 1 February 2008 $0.30 750,000 22 December 2006 1 February 2008 $0.35 750,000 22 December 2006 1 February 2009 $0.30 1,750,000 22 December 2006 1 February 2009 $0.35 1,750,000 30 March 2007 1 May 2010 $0.30 500,000 30 March 2007 1 May 2010 $.035 500,000 1 May 2007 1 May 2010 $0.30 500,000 During the year ended 30 June 2007 600,000 fully paid ordinary shares were issued on the exercise of options granted in prior periods. During the year ended 30 June 2007, no ordinary shares of Discovery Metals were issued on the exercise of options granted in that period. No person entitled to exercise the option had or has any right by virtue of the option to participate in any share issue of any other body corporate. Principal Activity The principal activity of the company during the year was mineral exploration, and in particular the continued development of its Maun Copper Project in Botswana. No significant change in the nature of the consolidated entity's principal activity occurred during the year. Dividends Paid or Recommended The directors do not recommend the payment of a dividend for this financial year. No dividend has been declared or paid by Discovery Metals Limited since the end of the previous financial year. Operating Results The result of the consolidated entity amounted to an after-tax loss of $2,355,337 (2006: loss $3,565,662). Number of Employees There are eleven (11) full-time employees employed by the consolidated entity in Australia and Botswana. All other roles are currently undertaken under contracted arrangements, or by part-time employees. Risk Management The Board is responsible for ensuring that risks, and also opportunities, are identified on a timely basis and that activities are aligned with the risks and opportunities identified by the Board. The company believes that it is crucial for all Board members to be a part of this process, and as such the Board has not established a separate risk management committee. The Board has a number of mechanisms in place to ensure that management's objectives and activities take into account the risks identified by the Board, and management reports to the Board formally each month in this regard. Where appropriate the Board engages independent experts or professional advisors to assist with the identification and/or management of any key risk areas identified. Tenement Schedule The consolidated entity has an interest in the following tenements: AREA EXPENDITURE PROJECT TENEMENT MANAGER (Km) GRANTED EXPIRY COMMITMENT STATE NE BOTSWANA Discovery NICKEL P019/2004 284 1-Jul-07 30-Jun-09 $137,615 BOTS NE BOTSWANA Discovery NICKEL P020/2004 89.7 1-Jul-07 30-Jun-09 $366,972 BOTS NE BOTSWANA Discovery NICKEL P021/2004 40.7 1-Jul-07 30-Jun-09 $137,615 BOTS NE BOTSWANA Discovery NICKEL P022/2004 198 1-Jul-07 30-Jun-09 $137,615 BOTS MAUN COPPER P98/2005 Discovery 966 1-Oct-05 30-Sep-08 $733,945 BOTS MAUN COPPER P99/2005 Discovery 985 1-Oct-05 30-Sep-08 $733,945 BOTS MAUN COPPER P100/2005 Discovery 952 1-Oct-05 30-Sep-08 $733,945 BOTS MAUN COPPER P101/2005 Discovery 762 1-Oct-05 30-Sep-08 $183,486 BOTS MAUN COPPER P102/2005 Discovery 962 1-Oct-05 30-Sep-08 $183,486 BOTS MAUN COPPER P103/2005 Discovery 844 1-Oct-05 30-Sep-08 $183,486 BOTS MAUN COPPER P104/2005 Discovery 960 1-Oct-05 30-Sep-08 $183,486 BOTS CAT CAMP E15/0818 Discovery 11 12-Dec-05 11-Dec-10 $20,000 WA MUSGRAVE E69/1640 Redstone 48 01-Feb-01 31-Jan-08 $96,000 WA MUSGRAVE E69/1642 Redstone 30 01-Feb-01 31-Jan-08 $60,000 WA MUSGRAVE E69/1662 Redstone 59 08-Oct-03 07-Oct-08 $85,500 WA MUSGRAVE E69/1663 Redstone 54 28-Feb-01 27-Feb-08 $108,000 WA LITCHFIELD EL 22959 Trajan 10 17-Feb-03 16-Feb-09 $20,000 NT LITCHFIELD EL 22960 Trajan 14 $20,000 NT LITCHFIELD EL 22961 Trajan 111 11-Jul-03 10-Jul-09 $38,324 NT LITCHFIELD EL 23070 Trajan 12 $20,000 NT LITCHFIELD EL 23071 Trajan 15 $20,000 NT LITCHFIELD EL 23619 Trajan 84 22-Oct-03 21-Oct-09 $42,074 NT LITCHFIELD EL 23623 Trajan 20 $20,000 NT Significant Changes in State of Affairs No significant changes in the state of affairs of the consolidated entity occurred during the year. After Balance Date Events No other matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the consolidated entity, the results of those operations or the state of affairs of the consolidated entity in future financial years other than the following: 1. On 18 July 2007, the company announced its intentions to commence drilling to provide the data for a pre-feasibility study for its Maun Copper project in Botswana. 2. The company made market announcements on 14 and 23 August 2007, and 25 September 2007 regarding the potential expansion of the Zeta and Plutus Prospects at the Maun Copper project site in Botswana. 3. On 30 August 2007, the company announced its initial metallurgical testing on the copper-silver mineralisation for its Maun Copper project produced positive results, confirming historical data and providing potential copper recoveries from the Zeta Prospect of 95%. 4. On 30 August 2007, at the company's Extraordinary General Meeting, shareholders approved the issue of 2 million options to Mr Gordon Galt, a director. The options were issued in two tranches of 1 million each, and are eligible to be exercised any time prior to 1 May 2010. The first tranche has an exercise price of 30 cents per share, and the second tranche 35 cents per share. 5. On 31 August 2007, the company announced that its initial metallurgical test results for nickel sulphide mineralisation at its Dikoloti Nickel project in Botswana produced encouraging results. 6. On 18 September 2007, the company announced that it had successfully raised $11.4 million across the Australian, Botswana and London markets for the purposes of funding the feasibility studies for its Maun Copper project in Botswana. 7. On 20 September 2007, the company announced the appointment of Mr Christian Heili as Manager of the feasibility studies for its Maun Copper Project in Botswana. Future Developments Other than as referred to in this report, further information as to likely developments in the operations of the consolidated entity and the expected results of those operations would, in the opinion of the directors, be speculative and not in the best interests of the consolidated entity. Directors Meetings During the year, ten (10) meetings of directors were held. Attendance by each director during the year was: Directors Meetings Director Number of meeting Number of meetings held attended G Galt (appointed 2 2 09.05.07) 10 9 J Read 10 9 M Cordiner 6 6 J Shaw (appointed 8 8 14.11.06) 1 1 T Eadie (resigned 09.05.07) S Reid (resigned 01.08.06) As well as formal meetings of directors, executive and non-executive directors are in frequent communication by way of telephone. Review of Operations The directors continued to operate the consolidated entity in the best interest of the shareholders. Financial Position The net asset position of the consolidated entity at 30 June 2007 was $6,039,685 (30 June 2006: $2,179,222). The consolidated entity has written off $Nil (30 June 2006 : $1,979,534) on exploration during the year. REMUNERATION REPORT This report details the nature and amount of remuneration for each director of Discovery Metals Limited. Remuneration Policy The remuneration policy of Discovery Metals Limited has been designed to align director objectives with shareholder and business objectives by providing a fixed remuneration component and offering specific long-term incentives. The Board of Discovery Metals Limited believes the remuneration policy to be appropriate and effective in its ability to attract and retain the best executives and directors to run and manage the consolidated entity as well as create goal congruence between directors and shareholders. The Board's policy for determining the nature and amount of remuneration for Board members is as follows: The remuneration policy, setting the terms and conditions for the executive director was developed by the Board. All executives receive a base salary (which is based on factors such as length of service and experience), superannuation, options and incentives. The Board reviews executive packages annually by reference to the consolidated entity's performance, executive performance and comparable information from industry sectors and other listed companies in similar industries. The Board policy is to remunerate non-executive directors at market rates for comparable companies for time, commitment and responsibilities. The Board determines payments to the non-executive directors and reviews their remuneration annually, based on market practice, duties and accountability. Independent external advice is sought when required. The maximum aggregate amount of fees that can be paid to non-executive directors is subject to approval by shareholders at the Annual General Meeting. Fees for non-executive directors are not linked to the performance of the consolidated entity. However, to align directors' interest with shareholder interests, the directors are encouraged to hold shares in Discovery Metals Limited. Furthermore, and subject to approval by shareholders at a general meeting, directors are granted options to acquire shares in the company. Performance Based Remuneration The company currently has no performance based remuneration component built into director and executive remuneration packages. Director and Executive Remuneration Details of remuneration provided to directors who include the most highly remunerated executives for the year ended 30 June 2007, including payments made to companies, are as follows: +-------------------------------------------------------------------+ | Director | Salary/Fee | Superannuation | Options | Total | | | $ | $ | $ | $ | |-----------------+------------+----------------+---------+---------| | T Eadie | 57,321 | - | 79,000 | 136,321 | | (resigned | | | | | | 09.05.07) | | | | | |-----------------+------------+----------------+---------+---------| | J Read | 189,125 | 17,021 | 205,500 | 411,646 | |-----------------+------------+----------------+---------+---------| | M Cordiner | 39,600 | - | 79,000 | 118,600 | |-----------------+------------+----------------+---------+---------| | J Shaw | 23,000 | 2,070 | 150,500 | 175,570 | |-----------------+------------+----------------+---------+---------| | S Reid | - | - | - | - | | (resigned | | | | | | 01.08.06) | | | | | |-----------------+------------+----------------+---------+---------| | G Galt | 12,205 | 1,098 | - | 13,303 | +-------------------------------------------------------------------+ For the year ended 30 June 2006: +-------------------------------------------------------------------+ | Director | Salary/Fee | Superannuation | Options | Total | | | $ | $ | $ | $ | |-----------------+------------+----------------+---------+---------| | T Eadie | 53,000 | - | | 53,000 | | (resigned | | | | | | 09.05.07) | | | | | |-----------------+------------+----------------+---------+---------| | J Read | 150,000 | 13,500 | 69,691 | 233,191 | |-----------------+------------+----------------+---------+---------| | M Cordiner | 41,850 | - | | 41,850 | |-----------------+------------+----------------+---------+---------| | S Reid | 38,500 | - | | 38,500 | | (resigned | | | | | | 01.08.06) | | | | | +-------------------------------------------------------------------+ Details of remuneration provided to the consolidated entity's next most highly remunerated executives for the year ended 30 June 2007, including payments made to companies, are as follows: +-------------------------------------------------------------------+ | Executive | Salary/Fee | Superannuation | Options | Total | | | $ | $ | $ | $ | |-----------------+------------+----------------+----------+--------| | A Johnstone | 84,373 | 7,593 | - | 91,966 | |-----------------+------------+----------------+----------+--------| | W Kernaghan | 4,400 | - | - | 4,400 | |-----------------+------------+----------------+----------+--------| | Q Hills | 20,833 | 1,875 | 64,500 | 87,208 | | (appointed | | | | | | 01.05.07) | | | | | +-------------------------------------------------------------------+ Employment Contract of Executive Director The employment conditions of the Managing Director, Mr J Read, are formalised in a contract of employment which is reviewed annually. This contract may be terminated by either Mr Read giving at least one month's notice in writing or Discovery Metals giving at least six month's notice in writing. The Board gained approval at Discovery Metal's 2006 annual general meeting for Mr Read to participate in the issue of 3,000,000 unlisted options at various exercise prices as follows: * 750,000 of the options are exercisable at 30 cents and expire on 1 February 2008. These options were issued on 12 December 2006; * 750,000 of the options are exercisable at 35 cents and expire on 1 February 2008. These options were issued on 12 December 2006; * 750,000 of the options are exercisable at 30 cents and expire on 1 February 2009. These options were issued on 12 December 2006; and * 750,000 of the options are exercisable at 35 cents and expire on 1 February 2009. These options were issued on 12 December 2006. Environmental Issues The exploration activities of the entity re subject to environmental regulation under the laws of the country in which those exploration activities are conducted. Currently, this includes Australia and Botswana. The environmental laws and regulations of each country generally address the potential impact of the consolidated entity's activities in the areas of water and air quality, noise, surface disturbance and the impact upon flora and fauna. The directors are not aware of any environmental matter which would have a materially adverse impact on the overall business of the consolidated entity. Indemnifying Officers or Auditor During or since the end of the financial year the company has given an indemnity or entered into an agreement to indemnify, or paid or agreed to pay insurance premiums as follows: The company has paid premiums to insure all of the current directors against liabilities for costs and expenses incurred by them in defending any legal proceedings arising out of their conduct while acting in the capacity of director of the company, other than conduct involving a wilful breach of duty in relation to the company. It is a condition of the insurance contract that the amount of the premium is not disclosed. Proceedings on Behalf of the Consolidated Entity No person has applied for leave of Court to bring proceedings on behalf of the consolidated entity or intervene in any proceedings to which the consolidated entity is party for the purpose of taking responsibility on behalf of the consolidated entity for all or any part of those proceedings. The consolidated entity was not party to such proceedings during the year. INCOME STATEMENT For The Year Ended 30 June 2007 CONSOLIDATED PARENT ENTITY Note 2007 2006 2007 2006 $ $ $ $ Revenues from 2 969,883 148,700 1,049,854 248,747 ordinary activities Compliance (475,171) (121,987) (363,036) (110,658) expenses Depreciation 3 (46,384) (29,702) (24,605) (20,178) and amortisation Exploration 10 - (1,979,534) - (1,780,826) expenditure written off Legal expenses (221,130) (83,260) (220,579) (82,101) Rent (87,456) (90,777) (68,939) (65,365) Salaries and (1,050,620) (973,957) (944,917) (853,222) consultants Travel (39,265) (131,739) (38,212) (128,918) expenses Share based (578,500) (69,691) (578,500) (69,691) payments Interest (15,801) - - - expenses Loss on (428,418) - - foreign currency Other expenses (382,475) (233,715) (246,761) (141,010) from ordinary activities Result from (2,355,337) (3,565,662) (1,435,695) (3,003,222) ordinary activities before income tax expense Income tax 4 - - - - relating to ordinary activities Net result from ordinary (2,355,337) (3,565,662) (1,435,695) (3,003,222) activities after income tax expense attributable to members of the consolidated entity Basic earnings 6 (2.76) (5.2) per share (cents per share) Diluted 6 (2.61) (4.8) earnings per share (cents per share) BALANCE SHEET As At 30 June 2007 CONSOLIDATED PARENT ENTITY Note 2007 2006 2007 2006 $ $ $ $ CURRENT ASSETS Cash & cash 7 2,867,100 1,374,704 2,544,451 1,357,988 equivalents Trade & other 8 340,321 78,732 335,907 65,865 receivables TOTAL CURRENT 3,207,421 1,453,436 2,880,358 1,423,853 ASSETS NON-CURRENT ASSETS Plant and 9 99,362 75,686 28,207 29,607 equipment Exploration 10 3,813,006 749,990 749,990 749,990 expenditure Other 11 164,960 62,500 165,537 63,076 financial assets Related party 12 - - 3,947,661 568,972 loans Intangible 13 4,252 7,805 3,511 7,064 assets TOTAL 4,081,580 895,981 4,894,906 1,418,709 NON-CURRENT ASSETS TOTAL ASSETS 7,289,001 2,349,417 7,775,264 2,842,562 CURRENT LIABILITIES Trade & other 14 1,224,780 148,349 435,406 109,515 payables Short-term 15 24,536 21,846 24,536 21,846 provisions TOTAL CURRENT 1,249,316 170,195 459,942 131,361 LIABILITIES TOTAL 1,249,316 170,195 459,942 131,361 LIABILITIES NET ASSETS 6,039,685 2,179,222 7,315,322 2,711,201 EQUITY Issued 16 16,564,837 11,103,521 16,564,837 11,103,521 capital Reserves 17 854,636 100,152 648,191 69,691 Accumulated 18 (11,379,788) (9,024,451) (9,897,706) (8,462,011) losses TOTAL EQUITY 6,039,685 2,179,222 7,315,322 2,711,201 STATEMENT OF CHANGES IN EQUITY For The Year Ended 30 June 2007 Issued Accumulated Option Foreign Total Share (Losses) Reserve Currency Capital Translation Reserve $ $ $ $ $ CONSOLIDATED ENTITY 2006 Balance at 1 8,118,101 (5,458,789) - - 2,659,312 July 2005 Currency - - - 30,461 30,461 Translation Differences (Loss) for - (3,565,662) - - (3,565,662) the year Shares issued 3,000,270 - - - 3,000,270 during the year Transaction (14,850) - - - (14,850) costs for shares issued Cost of share - - 69,691 - 69,691 based payments Balance as at 11,103,521 (9,024,451) 69,691 30,461 2,179,222 30 June 2006 2007 Balance at 1 11,103,521 (9,024,451) 69,691 30,461 2,179,222 July 2006 Currency - - - 175,984 175,984 Translation Differences (Loss) for - (2,355,337) - - (2,355,337) the year Shares issued 5,538,989 - - - 5,538,989 during the year Transaction (77,673) - - - (77,673) costs for shares issued Cost of share - - 578,500 - 578,500 based payments Balance as at 16,564,837 (11,379,788) 648,191 206,445 6,039,685 30 June 2007 STATEMENT OF CHANGES IN EQUITY For The Year Ended 30 June 2007 Issued Accumulated Option Foreign Total Share (Losses) Reserve Currency Capital Translation Reserve $ $ $ $ $ PARENT ENTITY 2006 Balance at 1 8,118,101 (5,458,789) - - 2,659,312 July 2005 (Loss) for - (3,003,222) - - (3,003,222) the year Shares 3,000,270 - - - 3,000,270 issued during the year Transaction (14,850) - - - (14,850) costs for shares issued Cost of - - 69,691 - 69,691 share based payments Balance as 11,103,521 (8,462,011) 69,691 - 2,711,201 at 30 June 2006 2007 Balance at 1 11,103,521 (8,462,011) 69,691 - 2,711,201 July 2006 (Loss) for - (1,435,695) - - (1,435,695) the year Shares 5,538,989 - - - 5,538,989 issued during the year Transaction (77,673) - - - (77,673) costs for shares issued Cost of - - 578,500 - 578,500 share based payments Balance as 16,564,837 (9,897,706) 648,191 - 7,315,322 at 30 June 2007 CASH FLOW STATEMENT For The Year Ended 30 June 2007 CONSOLIDATED PARENT ENTITY Note 2007 2006 2007 2006 $ $ $ $ CASH FLOWS FROM OPERATING ACTIVITIES Receipts from 275,713 74,939 196,656 101,755 customers GST receipts 136,816 150,479 136,816 150,479 Payments to (1,782,230) (1,864,228) (1,772,908) (1,637,153) suppliers and employees Interest 117,518 88,592 310,321 161,823 received Interest paid (15,801) - - - Net cash used (1,267,984) (1,550,218) (1,129,115) (1,223,096) in operating activities 24 CASH FLOWS FROM INVESTING ACTIVITIES Payments for (3,063,016) (1,265,534) - (1,066,826) exploration Purchase of (66,506) (73,552) (19,651) (11,985) plant and equipment Purchase of - (7,913) - (7,172) intangibles Purchase of - (62,500) - (63,076) investments Proceeds from - 4,845 - - sale of plant & equipment Proceeds from 252,602 - 252,602 - sale of investments Net cash used (2,876,920) (1,404,654) 232,951 (1,149,059) in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from 5,538,989 3,000,270 5,538,989 3,000,270 issue of shares Share Issue (77,673) (14,850) (77,673) (14,850) costs Loans made to - - (3,378,689) (568,972) subsidiary companies Net cash 5,461,316 2,985,420 2,082,627 2,416,448 provided by financing activities Net increase 1,316,412 30,548 1,186,463 44,293 (decrease) in cash held Cash at the 1,374,704 1,313,695 1,357,988 1,313,695 beginning of the period Effect of 175,984 30,461 - - exchange rates Cash at the 7 2,867,100 1,374,704 2,544,451 1,357,988 end of the period Accompanying notes form part of these financial statements NOTE: For further information contact Jeremy Read Managing Director Tel: +617 3218 0202 Mobile: 0409 484322 Email: jeremy@discoverymetals.com.au Jamie Wright RFC Corporate Finance Ltd (Nomad) Tel: +618 9480 2508 Email: Jamie.Wright@rfc.com.au Richard Hail Fox-Davies Capital Ltd (AIM Broker) Telephone: +44(0) 20 7936 5200 Email: Richard.Hail@fdcap.com Further information on the Company is available on its website: www.discoverymetals.com.au ---END OF MESSAGE---


 

Royal DSM N.V. announces the following management appointments. Dries Ausems (1950), at present Director Investor Relations, will be appointed Spend Area Director Petchem and Energy with DSM Sourcing, as per 1 January 2008. As per the same date Hans Vossen (1963) at present Director Corporate Strategy and Planning, will succeed Dries Ausems. Hans will be reporting to Rolf-Dieter Schwalb, member of the Managing Board of DSM. DSM DSM creates innovative products and services in life sciences and materials sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Elvira Luykx Dries Ausems tel. +31 (0) 45 tel. +31 (0) 45 5782864 5782035 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 
Hitt og þetta
28. september 2007

Total voting rights

Hat Pin plc ("Hat Pin") Voting Rights and Capital In accordance with the Disclosure and Transparency Rules, Hat Pin confirms that its issued share capital as at 28 September 2007 comprises 31,115,719 ordinary shares of 2.5p each. All of the ordinary shares have equal voting rights, and none of the ordinary shares is held in treasury. The total number of voting rights in Hat Pin is therefore 31,115,719. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Hat Pin under the Disclosure and Transparency Rules. ---END OF MESSAGE---


 

* Galvus delivers robust blood sugar reductions and is well tolerated in a broad range of patients with type 2 diabetes * Approved for use in combination with the most common oral anti-diabetes medicines - metformin, thiazolidinediones or sulfonylureas * More than half of patients currently taking medicines to treat type 2 diabetes are still not reaching their blood sugar goals Basel, September 28, 2007 - Galvus® (vildagliptin), a new once-daily oral treatment for patients with type 2 diabetes, has been granted European Union approval. Galvus is the only drug in its class to offer such a broad range of indications for use in combination therapies with other anti-diabetic medicines. This important approval for Galvus, which is a member of a new class of drugs known as DPP-4 inhibitors, comes as physicians are increasingly searching for new drugs to combine with existing medicines. The European Commission granted approval for Galvus to be used in combination with some of the most frequently prescribed oral anti-diabetes medicines - metformin, sulfonylureas (SUs) or thiazolidinediones (TZDs). The approval applies in all 27 countries of the European Union as well as in Norway and Iceland. The International Diabetes Federation (IDF) Diabetes Atlas estimates that approximately 28 million people in developed countries have type 2 diabetes[1], and more than half of patients with this disease are still not reaching their treatment goals despite undergoing medical treatment[2]. "The approval of Galvus is a major milestone for the millions of type 2 diabetes patients across Europe who are being treated but still not reaching optimal blood sugar levels," said Burkhard Göke, MD, of the Department of Gastroenterology at Ludwig-Maximilians-University in Munich, Germany. "Galvus lowers high blood sugar levels with no weight gain and a low incidence of hypoglycemia, two side effects commonly associated with currently available drugs such as SUs and TZDs. With Galvus, we now have another treatment option to help get patients to goal," said Dr. Göke. Galvus delivers significant blood sugar reductions when used in combination with the most commonly used oral diabetes medicines[3],[4],[5] in a range of type 2 diabetes patients. These include patients from varied ethnic groups[6], the elderly[7] and those with uncontrolled blood sugar levels[8]. "We are delighted that Galvus is approved in Europe for patients with type 2 diabetes," said James Shannon, MD, Global Head of Development at Novartis Pharma AG. "Our rigorous clinical trial program has demonstrated the robust efficacy and tolerability of Galvus, which offers versatility to physicians looking for new treatment options." Galvus is already approved in Brazil and Mexico. In February 2007, Novartis received an "approvable letter" from the US Food and Drug Administration (FDA). Novartis has submitted a proposal to the FDA for additional clinical studies in patients with renal impairment to confirm good tolerability in this patient group. Galvus works through a novel mechanism of action by targeting the dysfunction in the pancreatic islets that cause high blood sugar levels in people with type 2 diabetes. Islet dysfunction, along with insulin resistance, is a contributory factor of type 2 diabetes. In clinical trials, Galvus demonstrated an overall incidence of side effects similar to placebo. The most common side effects seen in the Galvus clinical program were stuffy nose, headaches, dizziness and upper respiratory tract infection. Diabetes is a progressive disease that is the fourth leading cause of death in most developed nations[9]. When left untreated or not kept under control, type 2 diabetes can lead to heart and kidney disease, blindness and vascular or neurological problems[9]. Disclaimer The foregoing release contains forward-looking statements that can be identified by terminology such as "can", or similar expressions, or by express or implied discussions regarding potential future revenues from Galvus. Such forward-looking statements reflect the current views of the Company regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results with Galvus to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Galvus will be approved in the US or in any other markets, or for any additional indications or labelling in any market. Nor can there be any guarantee that Galvus will achieve any particular levels of revenue in the future. In particular, management's expectations regarding Galvus could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally; unexpected clinical trial results, including unexpected new clinical data and unexpected additional analysis of existing clinical data; the company's ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry and general public pricing pressures, and other risks and factors referred to in Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. About Novartis Novartis AG (NYSE: NVS) is a world leader in offering medicines to protect health, cure disease and improve well-being. Our goal is to discover, develop and successfully market innovative products to treat patients, ease suffering and enhance the quality of life. We are strengthening our medicine-based portfolio, which is focused on strategic growth platforms in innovation-driven pharmaceuticals, high-quality and low-cost generics, human vaccines and leading self-medication OTC brands. Novartis is the only company with leadership positions in these areas. In 2006, the Group's businesses achieved net sales of USD 37.0 billion and net income of USD 7.2 billion. Approximately USD 5.4 billion was invested in R&D. Headquartered in Basel, Switzerland, Novartis Group companies employ more than 100,000 associates and operate in over 140 countries around the world. For more information, please visit http://www.novartis.com. References [1] International Diabetes Federation (IDF) Diabetes Atlas estimates there are 31 million people with diabetes in the European Union. The IDF estimates that in developed nations, 85-95% of all cases of diabetes are type 2 diabetes. 90% of those with diabetes equates to 28 million with type 2 diabetes in the European Union. [2] Saydah S, et al. Poor Control of Risk Factors for Vascular Disease Among Adults With Previously Diagnosed Diabetes. JAMA 2004: 291(3): 335-342. [3] Bosi E, et al. Effects of Vildagliptin on Glucose Control Over 24 Weeks in Patients With Type 2 Diabetes Inadequately Controlled With Metformin. Diabetes Care. 2007; 30:890-895. [4] Garber A, et al. Efficacy and Tolerability of Vildagliptin Added to a Sulfonylurea (SU) in Patients with Type 2 Diabetes (T2DM). Presented at ADA, 22-26 June 2007; (Abstract 501-P). [5] Rosenstock J, et al. Efficacy and tolerability of initial combination therapy with vildagliptin and pioglitazone compared with component monotherapy in patients with type 2 diabetes. Diabetes, obesity & metabolism 2007; 9(2):175-85. [6] Rosenstock J, et al. Consistent Efficacy and Safety of Vildagliptin Monotherapy Across Ethnicities Presented at ADA, 22-26 June 2006; (Abstract 2141-PO). [7] Pratley R, et al. Efficacy and Safety of Vildagliptin in the Elderly: Pooled Analysis of 5 Monotherapy Studies. Presented at EASD 17-21 September 2007. [8] Scherbaum W, et al. Efficacy and Tolerability of Vildagliptin in Drug-Naïve Patients with Type 2 Diabetes (T2DM) and Mild Hyperglycemia. Presented at ADA 22-26 June 2007 (Abstract 503-P). [9] International Diabetes Federation. Diabetes Atlas Third Edition. 2006. # # # Novartis Media Relations John Gilardi Navjot Rai Novartis Global Media Relations Novartis Pharma Communications + 41 61 324 6498 (direct) +41 61 324 3018 (direct) + 41 79 777 6400 (mobile) +41 79 596 14008 (mobile) navjot.rai@novartis.com john.gilardi@novartis.com e-mail: media.relations@novartis.com Novartis Investor Relations International North America Ruth Metzler-Arnold Ronen Tamir +1 212 Katharina Ambuehl 830 2433 Nafida Bendali Jill Pozarek +1 Pierre-Michel Bringer 212 830 2445 Jason Hannon Edwin Valeriano +1 212 Thomas Hungerbuehler 830 2456 Richard Jarvis Central phone no: +41 61 324 7944 e-mail: investor.relations@novartis.com e-mail: investor.relations@novartis.com --- End of Message --- Novartis International AG Posfach Basel WKN: 904278; ISIN: CH0012005267; Index: SLCI, SMI, SPI, SLIFE; Listed: Main Market in SWX Swiss Exchange, ZLS in BX Berne eXchange;


 

Initiation of a six month study with 51 FRDA patients and ICARS as primary endpoint expected shortly. Fast-track designation granted by FDA. Santhera Pharmaceuticals (SWX:SANN), a Swiss specialty pharmaceutical company focused on neuromuscular diseases, announced today that it has reached an agreement with the US Food and Drug Administration (FDA) under the Special Protocol Assessment (SPA) procedure relating to the Phase III clinical trial to evaluate SNT-MC17 (INN: idebenone) for the treatment of Friedreich's Ataxia (FRDA). The protocol incorporates advice provided by the FDA on the design of the study, its endpoints, statistical analysis and conduct. The FDA granted a fast track designation to Santhera's compound in FRDA. The positive clinical results from a recently reported study conducted in collaboration with the US National Institutes of Health (NIH) formed the basis for the design of the phase III trial. The trial with SNT-MC17, named IONIA (Idebenone effects On Neurological ICARS Assessments), is a double-blind, randomized, placebo-controlled study of six months duration investigating the efficacy of two doses of SNT-MC17 compared to placebo. The primary endpoint of IONIA will be a neurological endpoint, measured by the International Cooperative Ataxia Rating Scale (ICARS), comparing the change in the ICARS for each of the treatment groups with placebo over the 24 week study period. The study will also investigate additional neurological endpoints as well as activities of daily living parameters and cardiac measures. Based on the efficacy data obtained in the NIH study, particularly for the neurological outcome measures, Santhera's first dose group in the IONIA trial will be 450 mg/day for patients below 45 kg body weight and a corresponding dose of 900 mg/day for patients above 45 kg body weight. The second dose group will be 1350 mg/day for patients below 45 kg of body weight and 2250 mg/day for patients above 45 kg. Using Santhera's 150 mg tablet, the daily dose of SNT-MC17 will be divided into three equal doses to be taken with a meal. The IONIA study will recruit a minimum of 51 ambulatory FRDA patients between the ages of 8 and 17 years and will be conducted at two clinical centers in the US - the Children's Hospital of Philadelphia and the School of Medicine of the University of California, Los Angeles. Patient recruitment is expected to start soon. Santhera has committed to an open label extension study of 12 months duration offering FRDA patients who have enrolled and completed the IONIA trial, the continuation of treatment with SNT-MC17 at the 1350/2250 mg/day dose level. The purpose of this extension study is to generate additional safety and tolerability data on SNT-MC17 in longer use. In response to FDA's advice under the SPA, Santhera has, to the extent possible, incorporated the Agency's recommendations into the design of the protocol for this pivotal clinical trial. Discussion points with the FDA have been the size of the study and the safety data base regarding the high dose at the time of filing for a new drug application (NDA). Santhera acknowledges both aspects as they are resulting primarily from the orphan nature of the disease. Furthermore, the FDA granted a fast-track designation for the compound in FRDA that allows a rolling submission of the NDA enabling the Agency to review the product's NDA with a higher priority in a potentially shorter review time. The compound earlier received orphan drug designation for the indication FRDA in the US, allowing for a market exclusivity of 7 years after marketing approval. Klaus Schollmeier, Santhera's CEO commenting on today's announcement said: "I am pleased that we could finalize the protocol for the pivotal trial in the US. With the offering of an extension study and FDA's fast-track designation granted, we now believe that we can successfully complete the development of SNT-MC17 for FRDA in the US during the course of 2009. SNT-MC17 has a good chance to become the first pharmaceutical product approved in the US for this devastating disease." "We are excited that Santhera is announcing today the commencement of the first Phase III clinical trial in FRDA in the US", said Ronald J. Bartek, President of the Friedreich Ataxia Research Alliance (FARA). "SNT-MC17/idebenone has shown clinical promise in previous trials and FARA is committed to actively support Santhera in the timely enrollment of patients for this pivotal trial, as every day counts in advancing this effort to achieve treatment for FRDA." Santhera has applied for marketing authorization of SNT-MC17 for the treatment of FRDA in the EU and will submit shortly the marketing application in Canada. Market approval in both territories is expected for the second half of 2008. The Company has partnered the marketing rights for SNT-MC17 in FRDA in the EU and Switzerland to Takeda and intends to market the product in the US and Canada via its own specialty sales force. About Friedreich's Ataxia (FRDA) Friedreich's Ataxia (FRDA) is a rare but severe genetic neuromuscular disorder that results in the degeneration of an individual's nerve and muscle tissue. This disorder causes loss of muscle control, uncoordinated movements, muscle wasting and thickening of heart walls which frequently leads to a shortened life span. FRDA affects both Caucasian males and females equally and it is estimated that about 20,000 patients suffer from the disease in both North America and Europe. Average life expectancy for FRDA patients is limited to approximately 35 to 50 years. The disorder results from a genetic defect in the gene encoding for frataxin. Reduced levels of this protein ultimately result in impaired energy production in mitochondria, the cells' energy production centers, and elevated oxidative stress. Tissues that have the highest need for energy, in particular nerve and cardiac tissues, are primarily affected by frataxin deficiency resulting in pathological changes in heart muscle anatomy and function and loss of nerve cells. SNT-MC17 is believed to improve the balance and flow of electrons within the mitochondria, therefore increasing the energy production within nerve and muscle cells of FRDA patients, protecting these cells from cell death. A number of clinical trials have provided strong evidence that SNT-MC17 may offer an effective treatment option for FRDA associated heart wall thickening (cardiomyopathy). In addition, data from the collaborative NIH clinical trial suggest positive effects on neurological function. Background on International Cooperative Ataxia Rating Scale (ICARS) ICARS consists of a one-hundred-point semi-quantitative scale based upon 19 simple neurological testing maneuvers compartmentalized into postural and stance, limb ataxia, speech, and oculomotor components and has been previously applied to this patient population in clinical studies. * * * About Santhera Santhera Pharmaceuticals (SWX: SANN) is a Swiss specialty pharmaceutical company focused on the discovery, development and marketing of small-molecule pharmaceutical products for the treatment of severe neuromuscular diseases. Santhera's vision is to become a leading specialty pharmaceutical company offering therapies for a number of indications in this area of high unmet medical need which includes many orphan indications with no current therapy. Santhera currently has five clinical-stage development programs, three of which are investigating its lead compound, SNT-MC17 (INN: idebenone), for the treatment of Friedreich's Ataxia (FRDA), Duchenne Muscular Dystrophy (DMD) and Leber's Hereditary Optic Neuropathy (LHON). Another clinical program is investigating JP-1730 (INN: fipamezole) for the treatment of Dyskinesia in Parkinson's Disease (DPD) in cooperation with Juvantia, the compound's owner. The fifth program comprises SNT-317 (INN: omigapil) in Congenital Muscular Dystrophies (CMD), a compound in-licensed from Novartis. The most advanced program, SNT-MC17 in FRDA, is currently under review for marketing approval in the EU and will be submitted shortly in Canada. The compound is also in Phase III clinical development for FRDA in the US while the while the other clinical programs are in Phase II. For further information, please visit www.santhera.com. For further information, contact Klaus Schollmeier, Chief Executive Officer Phone: +41 (0)61 906 89 52 klaus.schollmeier@santhera.com Barbara Heller, Chief Financial Officer Phone: +41 (0)61 906 89 54 barbara.heller@santhera.com Thomas Staffelbach, VP Public & Investor Relations Phone: +41 (0)61 906 89 47 thomas.staffelbach@santhera.com Conference call At 16.00 CET / 15.00 UKT / 10:00 EST today September 28, 2007, Santhera will host a conference call. People interested in participating may join the teleconference facility using the following dial-in in Switzerland +41 52 267 07 31 (no PIN code needed). The conference call will be recorded for playback and is available one hour after the conference call ends and for 10 days under +41 52 267 07 00 (reference 548258#). Disclaimer/Forward-looking statements This news release is not and under no circumstances to be construed as a solicitation, offer, or recommendation, to buy or sell securities issued by Santhera Pharmaceuticals Holding AG. Santhera Pharmaceuticals Holding AG makes no representation (either express or implied) that the information and opinions expressed in this news release are accurate, complete or up to date. Santhera Pharmaceuticals Holding AG disclaims, without limitation, all liability for any loss or damage of any kind, including any direct, indirect or consequential damages, which might be incurred in connection with the information contained in this news release. This news release expressly or implicitly contains certain forward-looking statements concerning Santhera Pharmaceuticals Holding AG and its business. Certain of these forward-looking statements can be identified by the use of forward-looking terminology such as "believe", "expect", "may", "are expected to", "will", "will continue", "should", "would be", "seek" or "anticipate" or by discussions of strategy, plans or intentions. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Santhera Pharmaceuticals Holding AG to be materially different from any expected results, performance or achievements expressed or implied by such forward-looking statements. There can be no guarantee that any of the research and/or development projects described will succeed or that any new products or indications will be brought to market. Similarly, there can be no guarantee that Santhera Pharmaceuticals Holding AG or any future product or indication will achieve any particular level of revenue. In particular, management's expectations could be affected by, among other things, uncertainties involved in the development of new pharmaceutical products, including unexpected preclinical and clinical trial results; unexpected regulatory actions or delays or government regulation generally; the Company's ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry, and general public pricing and other political pressures. Santhera Pharmaceuticals Holding AG is providing the information in this new release as of the date of the publication, and does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.


 

PHOENIX, Sept. 28, 2007 (PRIME NEWSWIRE) -- First Solar, Inc. (Nasdaq:FSLR) announced today that its board of directors has approved the construction of an additional manufacturing plant in Malaysia with an annual nameplate production capacity of 120 Megawatts, representing an aggregate investment of approximately $150 million. The new plant is scheduled to start production in the first half of 2009 and will be built adjacent to two previously announced plants currently under construction in Malaysia. First Solar operates manufacturing plants in the U.S. and Germany with total annual nameplate production capacity of 210MW and is currently constructing two additional manufacturing plants in Malaysia with total annual nameplate production capacity of 240MW. This expansion will bring the Company's total annual nameplate production capacity to 570MW upon completion of all announced projects by the end of 2009. The production from the newly announced plant expansion will be used to meet additional demand from First Solar's existing customers, including Blitzstrom GmbH, Conergy AG, Gehrlicher Umweltschonende Energiesysteme GmbH, Phoenix Solar AG, and Reinecke + Pohl Sun Energy AG, and to meet demand under a new long term contract with ASSYCE Fotovoltaica, a Spanish renewable energy project developer and system integrator focused on large scale, grid connected solar power plants. First Solar recently signed contracts and contract extensions with these customers expanding sales volumes by a total of 625MW, allowing for additional sales of approximately $1.1 billion at an assumed exchange rate of $1.30/EUR 1.00, over the period of 2007 to 2012. These customers are primarily targeting development of solar projects with First Solar modules in Germany, Spain, Italy, France, Greece and Portugal. "Our customers have demonstrated that they are among the best positioned in the industry to develop meaningful project pipelines for large ground and roof-mounted projects across the EU," stated Mike Ahearn, chief executive officer of First Solar, Inc. "We are pleased to build this additional production capacity to support their continued expansion and to strengthen our business relationships with these excellent companies, while further diversifying our European customer base with the recent addition of ASSYCE in Spain." About First Solar First Solar, Inc. (Nasdaq:FSLR) manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints. For more information about First Solar, please visit www.firstsolar.com. About ASSYCE Fotovoltaica ASSYCE Fotovoltaica is a Spanish project developer and system integrator focused on large scale, grid connected free-field PV projects. The company was formed by specialists from different engineering fields whose goal is to reduce fossil fuel emissions with renewable energy. ASSYCE utilizes the latest innovations and technology on the market to maximize yield. For more information about ASSYCE, please visit www.assyce.com. About Blitzstrom GmbH Blitzstrom GmbH is a leading system integrator for thin-film module technology and an international wholesaler for photovoltaic solar systems. With a global network of subcontractors and a comprehensive product portfolio, Blitzstrom offers flexible technological solutions that are supported by efficient and reliable logistics, a wide range of consulting services regarding system optimization and financing. For more information about Blitzstrom, please visit www.blitzstrom.de. About Conergy AG Conergy AG considers itself to be the highest volume solar company in Europe, and also numbers among the leading international providers of other rapidly growing fields of renewable energy. Conergy pursues a customer-oriented global growth strategy which aims to offer each energy consumer worldwide the most appropriate technology in attractive markets for renewable energies. In foreign markets, the energy requirement for electricity, heat or cooling varies greatly. Conergy therefore offers a wide range of regenerative energy products, and has an internationally oriented management team. The Conergy Group is now represented with its own branch offices on five continents. For more information about Conergy, please visit www.conergy.de. About Gehrlicher Umweltschonende Energiesysteme GmbH Gehrlicher Umweltschonende Energiesysteme GmbH develops concepts and solutions for the innovative use of solar energy technology. Appealing both to investors with economic expectations and to clients with particular aesthetic requirements, Gehrlicher offers economically efficient and attractive solutions. With many years of experience and an unconditional focus on high-quality concepts, Gehrlicher is a leader in the solar energy industry. Providing solar modules, inverters and complete PV systems, Gehrlicher has been installing First Solar thin film modules in large-scale solar projects since 2002. For more information about The Gehrlicher Group, please visit www.gehrlicher.com. About Phoenix Solar AG Phoenix Solar AG is a leading international photovoltaic systems integrator. Until June 2007, the company operated under the name of Phoenix SonnenStrom AG. Phoenix Solar AG plans, builds and operates large photovoltaic plants and is a wholesaler of solar modules and accessories. With a sales network in Germany, subsidiaries in Spain and Singapore, and a substantial presence in Italy, Phoenix Solar AG is a leader in photovoltaic systems technology. For more information about Phoenix Solar AG, please visit www.phoenixsolar.com. About Reinecke + Pohl Sun Energy AG Reinecke + Pohl Sun Energy group is one of the leading manufacturer-independent system integrators in the photovoltaic sector. Under the brand COLEXON the operative subsidiaries design and install turnkey photovoltaic plants for institutional and private investors in Germany and abroad. Reinecke + Pohl Sun Energy AG is listed in the Prime Standard at the German Stock Exchange in Frankfurt. For more information about Reinecke + Pohl Sun Energy AG, please visit www.rpse.de. For First Solar Investors This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. CONTACT: First Solar, Inc. Paula Vaughnn +1 (602) 414-9322 pvaughnn@firstsolar.com


 

Leiden, The Netherlands, September 27, 2007 - Dutch biotechnology company Crucell N.V. (Euronext, NASDAQ: CRXL, Swiss Exchange: CRX) today announced the discovery of a set of human monoclonal antibodies against H5N1. These results, demonstrating the potential of human monoclonal antibodies for pandemic preparedness, were presented today at the 5th International Bird Flu Summit held in Las Vegas, Nevada. A total of twenty one human monoclonal antibodies were discovered. These were found to be able to neutralize the H5N1 virus of avian influenza, which currently presents a global threat. The most potent of the antibodies was shown to neutralize the broadest range of H5N1 strains that have emerged between 1997 and 2004. This antibody may therefore provide a powerful tool in pandemic preparedness. In addition, this antibody prevents flu, in pre-clinical models, when given twenty four hours before a challenge with a lethal dose of highly pathogenic H5N1 virus. When given three days after infection, it also was shown to prevent death and cure the disease. "Our discovery of potent human monoclonal antibodies against a number of different H5N1 pandemic flu types, provide proof of concept that antibodies are a serious alternative to vaccination or antiviral treatment", said Dr. Jaap Goudsmit, Chief Scientific Officer of Crucell. "What is most encouraging is the fact that these antibodies are not only able to prevent infection, but also open the possibility to treat infected individuals. Treatment with this antibody provides an instantaneous antiviral response, which is an advantage over the delayed immune response after (prepandemic) vaccination." The set of monoclonal antibodies, which was produced by Crucell researchers using phage display and Crucell PER.C6® technology, showed the potential to neutralize distinct H5N1 viruses, A/Vietnam/11994/04, A/Hong Kong/213/03 and A/Hong Kong/156/97. The antibodies apparently recognize a part of the viral membrane protein that is present among all H5N1 viruses tested. The most potent neutralizing antibody was tested in pre-clinical models for the ability to protect against infection with the highly pathogenic A/Hong Kong/97 H5N1 virus and was also tested for its ability to stop the development of the disease caused by this virus. When the monoclonal antibody was given in a pre-clinical model, one day prior to infection with the H5N1 virus, it resulted in full protection against infection. Treatment with the antibody up to three days after infection, resulted in 100% survival and cure of the disease. About Pandemic Influenza Influenza is a highly infectious virus which spreads easily from person to person. In a pandemic, a new and more virulent virus infectious for humans arises with the potential to cause severe disease and high mortality. H5N1 Viruses isolated from wild and domestic birds and from humans since the outbreaks in Hong Kong separate in distinct genetic groups (clade and subclades) of closely related viruses. Clade 1 virus circulated in Cambodia, Thailand and Viet Nam and caused infections in humans in 2004 and 2005. Clade 2 viruses circulated in China and Indonesia in 2003 -2004 and spread to the Middle East, Africa and Europe in 2005 and 2006. About Crucell Crucell N.V. (Euronext, NASDAQ: CRXL; Swiss Exchange: CRX) is a biotechnology company focused on research, development and worldwide marketing of vaccines and antibodies that prevent and treat infectious diseases. Its vaccines are sold in public and private markets worldwide. Crucell's core portfolio includes a vaccine against hepatitis B, a fully-liquid vaccine against five important childhood diseases, and a virosome-adjuvanted vaccine against influenza. Crucell also markets travel vaccines, such as the only oral anti-typhoid vaccine, an oral cholera vaccine and the only aluminium-free hepatitis A vaccine on the market. The Company has a broad development pipeline, with several Crucell products based on its unique PER.C6® production technology. The Company licenses this and other technologies to the biopharmaceutical industry. Important partners and licensees include DSM Biologics, sanofi aventis, GSK and Merck & Co. Crucell is headquartered in Leiden (the Netherlands), with subsidiaries in Switzerland, Spain, Italy, Sweden, Korea and the US. The Company employs over a 1000 people. For more information, please visit www.crucell.com. Forward-looking statements This press release contains forward-looking statements that involve inherent risks and uncertainties. We have identified certain important factors that may cause actual results to differ materially from those contained in such forward-looking statements. For information relating to these factors please refer to our Form 20-F, as filed with the U.S. Securities and Exchange Commission on June 13, 2007, and the section entitled "Risk Factors". The Company prepares its financial statements under generally accepted accounting principles in the United States (US GAAP) and Europe (IFRS). For further information please contact: Media: Investors/Analysts: Barbara Mulder Oya Yavuz Director Corporate Communications Director Investor Relations Tel: 31-(0) 71 519 7346 Tel. +31-(0) 71-519 7064 press@crucell.com ir@crucell.com www.crucell.com www.crucell.com


 
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27. september 2007

Half-yearly report

DOWNING PROTECTED VCT VI PLC INTERIM STATEMENT FOR THE PERIOD ENDED 31 JULY 2007 PERFORMANCE SUMMARY 31 Jul 2007 pence Net asset value per Ordinary share 95.1 Net asset value per 'A' share 0.1 Net asset value per Ordinary share and 'A' Share 95.2 CHAIRMAN'S STATEMENT I am pleased to welcome Shareholders to Downing Protected VCT VI plc and to present the Company's first report. Share issue The Company, along with its sister company (Downing Protected VCT VII plc), launched its fundraising in January 2007. The offer closed on 29 June 2007 having raised gross proceeds of £18.2 million between the two VCTs. Downing Protected VCT VI plc issued 9.1 million Ordinary and 'A' shares, producing net proceeds of £8.6 million after taking into account the 5.5% issue costs. Following changes to the VCT regulations, which reduced the level of income tax relief available on VCT investments for the 2006/07 tax year, the VCT market was significantly smaller this year. In view of this, the Board consider the outcome of the fundraising to be very successful and congratulate the promoter, Downing Corporate Finance, on its performance. Shareholders who invested in the Company received one Ordinary share and one 'A' share for each £1 they subscribed. The 'A' shares are designed to facilitate the payment of a performance incentive fee should such fees become payable in the future. 'A' shares are expected to have a Net Asset Value of 0.1p per share for the initial years of the Company. This is only expected to change if and when the performance hurdles are met and a performance fee becomes payable. Management's holding of 'A' Shares Before the launch of the offers, 7,500,000 'A' Shares were conditionally allotted to the management team at a price of 0.1p each. In accordance with the Company's prospectus, when the offer closed, 2,948,978 of the management 'A shares were converted into worthless deferred shares such that the 'A' Shares held by the management team now represent one-third of the total issued 'A' Share capital. Directorate With the level of funds raised, the Directors felt that it would be useful to increase the size of the Board. I am therefore pleased to report that, on 13 August 2007, Christopher McCann accepted an invitation to join the Board as a non-executive Director. Christopher has extensive banking, corporate finance and unquoted investment management experience, including fifteen years at Bridgepoint Capital. We believe that Christopher will be a valuable addition and I would like to welcome him to the Board. Venture capital investments The Investment Manager made a prompt start to investing the Company's funds, making two VCT-qualifying investments and two non-qualifying investments in the initial period. Further details are given in the Investment Manager's Report below. Net Asset Value and Results At 31 July 2007, the Net Asset Value ("NAV") per Ordinary share stood at 95.1p and the NAV per 'A' share stood at 0.1p. The combined total of 95.2 p is a slight increase on the initial Net Asset Value of both shares (after deducting issue costs) of 94.5p. The profit on ordinary activities after taxation for the period was £58,000. Share repurchase The Company operates a policy, subject to certain restrictions, of buying its own shares when any become available in the market. No shares were purchased in the period for cancellation. Outlook It is still very early days for your Company, however the Board is satisfied with the start made in investing the Company's funds and pleased that the Investment Manager reports strong deal flow which should allow a diversified portfolio to be developed. Hugh Gillespie Chairman INVESTMENT MANAGER'S REPORT We are pleased to report that a good start has been made in investing the Company's funds. The Company has so far invested £1.6 million in two VCT-qualifying deals and has also made two investments totalling £750,000 in non-qualifying investments. The first qualifying investment was a £750,000 investment in Hoole Hall Country Club and Spa Limited. The company has acquired the Hoole Hall property near Chester, which it will refurbish and reconfigure extensively into a premium conference, banqueting and leisure centre. The second qualifying investment was of £825,000 made in Future Films Production Services Limited, which provides production and post-production film services. The investment is secured on future cash flows of the business, which include government tax credits. As noted in the prospectus, we regularly see opportunities to invest in companies owning freehold or long leasehold properties where we are able to make non-VCT qualifying loans to the businesses secured on their properties and obtain slightly higher yields than can be obtained from bank deposits or similar alternatives. Two such opportunities arose in the period: * a loan of £500,000 was made to Vermont Developments Limited, which is developing a site in Manchester into residential apartments along with some commercial units, and * a loan of £250,000 was made to JEB Leisure Limited, which has acquired the leasehold of the Only Running Footman pub in Mayfair and has undertaken a renovation. In both cases the non-qualifying investments are secured against substantial assets. Deal flow of potential new VCT-qualifying investments continues to be strong and we are therefore optimistic that a solid portfolio can be built in a relatively short period. Downing Protected VCT Managers VI plc UNAUDITED SUMMARISED BALANCE SHEET as at 31 July 2007 31 Jul 2007 £'000 Fixed assets Investments 2,325 Net current assets 6,342 Net assets 8,667 Capital and reserves Called up share capital 23 Deferred shares 3 Share premium 8,583 Revenue reserve 58 Equity shareholders' funds 8,667 Net asset value per Ordinary share 95.1p Net asset value per "A" share 0.1p RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS for the period ended 31 July 2007 31 Jul 2007 £'000 Opening shareholders' funds - Issue of shares 9,160 Share issue costs (501) Redemption of preference shares (50) Total recognised gains for the period 58 Closing shareholders' funds 8,667 UNAUDITED INCOME STATEMENT for the period ended 31 July 2007 Period ended 31 Jul 2007 Revenue Capital Total £'000 £'000 £'000 Income 179 - 179 Gains on investments - - - 179 - 179 Investment management fees (44) - (44) Other expenses (56) - (56) Return on ordinary activities before 79 - 79 taxation Taxation (21) - (21) Return attributable to equity shareholders 58 - (58) Return per Ordinary share 0.7p - 0.7p Return per "A" share - - - A Statement of Total Recognised Gains and Losses has not been prepared as all gains and losses are recognised in the Income Statement as noted above. UNAUDITED CASH FLOW STATEMENT for the period ended 31 July 2007 31 Jul 2007 Note £'000 Cash inflow from operating activities and returns on investments 1 130 Capital expenditure Purchase of investments (2,325) Net cash outflow from capital expenditure (2,325) Equity dividends paid - Net cash outflow before financing (2,195) Financing Shares issued 9,160 Redemption of preference shares (50) Share issue costs (501) Net cash inflow from financing 8,609 Increase in cash 2 6,414 Notes to the cash flow statement: 1. Cash inflow from operating activities and returns on investments Net revenue before taxation 79 Increase in other debtors (38) Increase in other creditors 89 Net cash inflow from operating activities 130 2. Analysis of net funds Beginning of period - Net cash inflow 6,414 End of period 6,414 SUMMARY OF INVESTMENT PORTFOLIO as at 31 July 2007 % of Unrealised portfolio Cost Valuation gain/(loss) by value Venture Capital Investments (by value) £'000 £'000 £'000 £'000 VCT Qualifying Future Films Production Services Limited 825 825 - 9.4% Hoole Hall Country Club and Spa Limited 750 750 - 8.6% 1,575 1,575 - 18.0% Non-VCT Qualifying Vermont Developments Limited 500 500 - 5.7% JEB Leisure Limited 250 250 - 2.9% 750 750 - 8.6% Total 2,325 2,325 - 26.6% Cash at Bank and in hand 6,414 73.4% Total investments 8,739 100.0% NOTES TO THE UNAUDITED FINANCIAL STATEMENTS 1. Basis of accounting The Company has prepared its financial statements under UK Generally Accepted Accounting Practice ("UK GAAP") and in accordance with the Statement of Recommended Practice "Financial Statements of Investment Trust Companies" revised December 2005 ("SORP"). Presentation of Income Statement In order to better reflect the activities of an investment trust company and in accordance with guidance issued by the Association of Investment Companies ("AIC"), supplementary information which analyses the income statement between items of a revenue and capital nature has been presented alongside the income statement. The net revenue is the measure the Directors believe appropriate in assessing the Company's compliance with certain requirements set out in Part 6 of the Income Tax Act 2007. Investments All investments are designated as "fair value through profit or loss" assets and are initially measured at cost, equivalent to their fair value. Listed fixed income investments are measured using bid prices in accordance with the International Private Equity and Venture Capital Valuation Guidelines. The Directors establish the fair value of unquoted investments by using an adjusted net asset valuation model, as they believe this best reflects the nature of the underlying investments and it is calculated in accordance with the International Private Equity and Venture Capital Valuation Guidelines. Where an investment has been held for less than one year, unless there are any indications to the contrary, fair value is assumed to be equal to the cost of the investment. The unrealised depreciation or appreciation arising on the valuation of investments and gains and losses arising on the disposal of investments are dealt with in the capital reserve. It is not the Company's policy to exercise significant influence over investee companies. Therefore the results of these companies are not incorporated into the income statement except to the extent of any income accrued. This is in accordance with the SORP that does not require portfolio investments to be accounted for using the equity method of accounting. Income Dividend income from investments is recognised when the shareholders' rights to receive payment has been established, normally the ex dividend date. Interest income is accrued on a timely basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount, and only where there is reasonable certainty of collection. Expenses All expenses are accounted for on accruals basis. In respect of the analysis between revenue and capital items presented within the income statement, all expenses have been presented as revenue items except as follows: Expenses which are incidental to the disposal of an investment are deducted from the disposal proceeds of the investment. Expenses are split and presented partly as capital items where a connection with the maintenance or enhancement of the value of the investments held can be demonstrated. The Company has a policy of charging 100% of the Investment Management fees to the revenue account. Taxation The tax effects on different items in the Income Statement are allocated between capital and revenue on the same basis as the particular item to which they relate using the Company's effective rate of tax for the accounting period. Due to the Company's status as a Venture Capital Trust and the continued intention to meet the conditions required to comply with Part 6 of the Income Tax Act 2007, no provision for taxation is required in respect of any realised or unrealised appreciation of the Company's investments which arises. Deferred taxation is provided in full on timing differences that result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the accounts. 2. All revenue and capital items in the Income Statement derive from continuing operations. 3. The Company has only one class of business and derives its income from investments made in shares, securities and bank deposits. 4. Return per share for the period has been calculated on 8,149,843 Ordinary shares and 12,267,583 "A" shares, being the weighted average number of shares in issue during the period. 5. Reserves Share premium Revenue account reserve £'000 £'000 At 5 January 2007 - - Share issues 9,084 - Share issue costs (501) - Retained revenue - 58 At 31 July 2007 8,583 58 The Revenue Reserve is a distributable reserve. 6. The unaudited financial statements set out herein do not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985 and have not been delivered to the Registrar of Companies. 7. Copies of the unaudited interim results will be sent to shareholders shortly. Further copies can be obtained from the Company's Registered Office. ---END OF MESSAGE---


 
Hitt og þetta
27. september 2007

Half-yearly report

Downing Protected VCT VII plc Interim Statement for the period ended 31 July 2007 PERFORMANCE SUMMARY 31 Jul 2007 pence Net asset value per Ordinary share 95.1 Cumulative distributions per Ordinary share - Total return per Ordinary share 95.1 Net asset value per "A" share 0.1 Cumulative distributions per "A" share - Total return per "A" share 0.1 CHAIRMAN'S STATEMENT I am pleased to welcome Shareholders to Downing Protected VCT VI plc and to present the Company's first report. Share issue The Company, along with its sister company (Downing Protected VCT VI plc), launched its fundraising in January 2007. The offer closed on 29 June 2007 having raised gross proceeds of £18.2 million between the two VCTs. Downing Protected VCT VII plc issued 9.1 million Ordinary and 'A' shares, producing net proceeds of £8.6 million after taking into account the 5.5% issue costs. Following changes to the VCT regulations, which reduced the level of income tax relief available on VCT investments for the 2006/07 tax year, the VCT market was significantly smaller this year. In view of this, the Board consider the outcome of the fundraising to be very successful and congratulate the promoter, Downing Corporate Finance, on its performance. Shareholders who invested in the Company received one Ordinary share and one 'A' share for each £1 they subscribed. The 'A' shares are designed to facilitate the payment of a performance incentive fee should such fees become payable in the future. 'A' shares are expected to have a Net Asset Value of 0.1p per share for the initial years of the Company. This is only expected to change if and when the performance hurdles are met and a performance fee becomes payable. Management's holding of 'A' Shares Before the launch of the offers, 7,500,000 'A' Shares were conditionally allotted to the management team at a price of 0.1p each. In accordance with the Company's prospectus, when the offer closed, 2,950,751 of the management 'A shares were converted into worthless deferred shares such that the 'A' Shares held by the management team now represent one-third of the total issued 'A' Share capital. Directorate With the level of funds raised, the Directors felt that it would be useful to increase the size of the Board. I am therefore pleased to report that, on 13 August 2007, Christopher McCann accepted an invitation to join the Board as a non-executive Director. Christopher has extensive banking, corporate finance and unquoted investment management experience, including fifteen years at Bridgepoint Capital. We believe that Christopher will be a valuable addition and I would like to welcome him to the Board. Venture capital investments The Investment Manager made a prompt start to investing the Company's funds, making two VCT-qualifying investments and two non-qualifying investments in the initial period. Net Asset Value and Results At 31 July 2007, the Net Asset Value ("NAV") per Ordinary share stood at 95.1p and the NAV per 'A' share stood at 0.1p. The combined total of 95.2 p is a slight increase on the initial Net Asset Value of both shares (after deducting issue costs) of 94.5p. The profit on ordinary activities after taxation for the period was £58,000. Share repurchase The Company operates a policy, subject to certain restrictions, of buying its own shares when any become available in the market. No shares were purchased in the period for cancellation. Outlook It is still very early days for your Company, however the Board is satisfied with the start made in investing the Company's funds and pleased that the Investment Manager reports strong deal flow which should allow a diversified portfolio to be developed. Hugh Gillespie Chairman UNAUDITED SUMMARISED BALANCE SHEET as at 31 July 2007 31 Jul 2007 £'000 Fixed assets Investments 2,325 Net current assets 6,342 Net assets 8,667 Capital and reserves Called up share capital 23 Deferred shares 3 Share premium 8,580 Revenue reserve 61 Equity shareholders' funds 8,667 Net asset value per Ordinary share 95.1p Net asset value per "A" share 0.1p RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS for the period ended 31 July 2007 31 Jul 2007 £'000 Opening shareholders' funds - Issue of shares 9,156 Share issue costs (500) Redemption of preference shares (50) Total recognised gains for the period 61 Closing shareholders' funds 8,667 UNAUDITED INCOME STATEMENT for the period ended 31 July 2007 Period ended 31 Jul 2007 Revenue Capital Total £'000 £'000 £'000 Income 178 - 178 Gains on investments - - - 178 - 178 Investment management fees (36) - (36) Other expenses (56) - (56) Return on ordinary activities before taxation 86 - 86 Taxation (25) - (25) Return attributable to equity shareholders 61 - 61 Return per Ordinary share 0.7p - 0.7p Return per "C" share - - - A Statement of Total Recognised Gains and Losses has not been prepared as all gains and losses are recognised in the Income Statement as noted above. UNAUDITED CASH FLOW STATEMENT for the period ended 31 July 2007 31 Jul 2007 £'000 Cash inflow from operating activities and returns on investments (Note 1) 134 Capital expenditure Purchase of investments (2,325) Net cash outflow from capital expenditure (2,325) Equity dividends paid - Net cash outflow before financing (2,191) Financing Shares issued 9,156 Redemption of preference shares (50) Share issue costs (500) Net cash inflow from financing 8,606 Increase in cash (Note 2) 6,415 Notes to the cash flow statement: 1 Cash inflow from operating activities and returns on investments Net revenue before taxation 86 Increase in other debtors (35) Increase in other creditors 83 Net cash inflow from operating activities 134 2 Analysis of net funds Beginning of period - Net cash inflow 6,415 End of period 6,415 SUMMARY OF INVESTMENT PORTFOLIO as at 31 July 2007 % of Unrealised portfolio Cost Valuation gain/(loss) by value Venture Capital Investments (by value) £'000 £'000 £'000 £'000 VCT Qualifying Future Films Limited 825 825 - 9.4% Hoole Hall Country Club and Spa Limited 750 750 - 8.6% 1,575 1,575 - 18.0% Non VCT Qualifying Vermont Developments Limited 500 500 - 5.7% JEB Leisure Limited 250 250 - 2.9% 750 750 - 8.6% Total 2,325 2,325 - 26.6% Cash at Bank and in hand 6,415 73.4% Total investments 8,740 100.0% NOTES TO THE UNAUDITED FINANCIAL STATEMENTS 1 Basis of accounting The Company has prepared its financial statements under UK Generally Accepted Accounting Practice ("UK GAAP") and in accordance with the Statement of Recommended Practice "Financial Statements of Investment Trust Companies" revised December 2005 ("SORP"). Presentation of Income Statement In order to better reflect the activities of an investment trust company and in accordance with guidance issued by the Association of Investment Companies ("AIC"), supplementary information which analyses the income statement between items of a revenue and capital nature has been presented alongside the income statement. The net revenue is the measure the Directors believe appropriate in assessing the Company's compliance with certain requirements set out in Section 259 of the Income Tax Act 2007. Investments All investments are designated as "fair value through profit or loss" assets and are initially measured at cost, equivalent to their fair value. Listed fixed income investments are measured using bid prices in accordance with the International Private Equity and Venture Capital Valuation Guidelines. The Directors establish the fair value of unquoted investments by using an adjusted net asset valuation model, as they believe this best reflects the nature of the underlying investments and it is calculated in accordance with the International Private Equity and Venture Capital Valuation Guidelines. Where an investment has been held for less than one year, unless there are any indications to the contrary, fair value is assumed to be equal to the cost of the investment. The unrealised depreciation or appreciation arising on the valuation of investments and gains and losses arising on the disposal of investments are dealt with in the capital reserve. It is not the Company's policy to exercise significant influence over investee companies. Therefore the results of these companies are not incorporated into the income statement except to the extent of any income accrued. This is in accordance with the SORP that does not require portfolio investments to be accounted for using the equity method of accounting. Income Dividend income from investments is recognised when the shareholders' rights to receive payment has been established, normally the ex dividend date. Interest income is accrued on a timely basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount, and only where there is reasonable certainty of collection. Expenses All expenses are accounted for on accruals basis. In respect of the analysis between revenue and capital items presented within the income statement, all expenses have been presented as revenue items except as follows: * Expenses which are incidental to the disposal of an investment are deducted from the disposal proceeds of the investment. * Expenses are split and presented partly as capital items where a connection with the maintenance or enhancement of the value of the investments held can be demonstrated. The Company has adopted a policy of charging 100% of the Investment Management fees to the revenue account. Taxation The tax effects on different items in the Income Statement are allocated between capital and revenue on the same basis as the particular item to which they relate using the Company's effective rate of tax for the accounting period. Due to the Company's status as a Venture Capital Trust and the continued intention to meet the conditions required to comply with Section 259 of the Income Tax Act 2007, no provision for taxation is required in respect of any realised or unrealised appreciation of the Company's investments which arises. Deferred taxation is provided in full on timing differences that result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the accounts. 2 All revenue and capital items in the Income Statement derive from continuing operations. 3 The Company has only one class of business and derives its income from investments made in shares, securities and bank deposits. 4 Return per share for the period has been calculated on 8,760,737 Ordinary shares and 13,309,982 "A" shares, being the weighted average number of shares in issue during the period. 5 Reserves Share premium Revenue account reserve £'000 £'000 At 5 January 2007 - - Share issues 9,080 - Share issue costs (500) - Retained revenue 61 At 31 July 2007 8,580 61 The Revenue Reserve is a distributable reserve. 6 The unaudited financial statements set out herein do not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985 and have not been delivered to the Registrar of Companies. 7 Copies of the unaudited interim results will be sent to shareholders shortly. Further copies can be obtained from the Company's Registered Office. ---END OF MESSAGE---


 

OTTAWA, ONTARIO -- (MARKET WIRE) -- 09/27/07 -- International Datacasting Corporation, (TSX: IDC), announced today that it's wholly owned subsidiary and European base of operations PROFline B.V., has been awarded a contract to supply Digital Radio Data Systems (RDS) Encoders to TDF, one of Europe's largest broadcasters. With its base of operations in France, TDF has operations throughout Europe, and around the world. TDF provides radio programming throughout France on more than 4,200 frequencies that provide programming 24 hours a day. PROFline has been a leader in developing RDS products for the European market for over 15 years. RDS technology allows broadcasters to transmit information such as station identification, traffic situations and weather information via encoded digital signals that can be received and displayed by the users' radio. RDS systems are used worldwide. "TDF has chosen to work with PROFline after an international tender. Technically speaking, the PROFline products meet TDF's specifications" said Thomas Emberger, Purchaser at TDF. Ron Clifton, President and CEO of IDC commented, "We are very pleased with this new order from TDF. They have chosen the PROFline product because of our continued commitment to product development and our outstanding technical support. After a very successful showing at IBC in Amsterdam last week, this is an important win for our European team as we continue to demonstrate our product superiority in this market," he added. "I am pleased and proud of this contract which calls for the delivery of our advanced RDY model of RDS encoders," continued Berry Eskes, PROFline's Director of Marketing & Sales "This is a very strategic win for PROFline and IDC as there is an opportunity for continued growth and expansion of our relationship with TDF in the European broadcast market", he added. The contract value is not being disclosed for competitive reasons. About TDF: TDF Group, based in Paris - France - is leading European distributor of radio and television services and an important developer of data communications networks and network infrastructure. TDF Group's customers include content providers like the major Hollywood studios, television, and radio broadcasting companies and mobile and broadband operators. TDF Group wants to have an essential role in assisting its customers within the convergence between audiovisual and telecommunications technologies and also to further expand its footprint into other European companies. TDF Group has over 7800 sites under management, 3 745 employees in seven different countries and broadcasts over 450 000 hours of TV programs each day combined with 2006 turnover of 945 million euros (IFRS). http://www.tdf.fr About International Datacasting Corporation (IDC): IDC (TSX: IDC) provides advanced products, systems and services for the implementation of broadband wireless infrastructure networks used to distribute broadband multimedia data. IDC is at the forefront of delivering IP-based datacasting solutions via satellite and content distribution technologies with installations in more than 100 countries worldwide. IDC's products are in demand for radio and television broadcast networks, enterprise networks, distance learning, digital signage and digital cinema, high-speed Internet infrastructure and other multimedia content distribution applications. IDC is a recipient of numerous awards including the prestigious Canada Export Award for Innovation and Technology Achievement. IDC is headquartered in Ottawa, Canada, operates in Europe through its wholly owned subsidiary PROFline B.V. in Arnhem, the Netherlands and has an established international network of value-added partners and distributors. Visit IDC on the web at www.intldata.ca and www.profline.com . This press release contains forward-looking statements that may involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with IDC's growth, the development of the satellite datacasting market, regulatory risks, intellectual property infringement and other factors. IDC assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect IDC's financial and business results is included in the public documents IDC files from time to time with Canadian securities regulatory authorities. Contacts: International Datacasting Corporation Tracy Trottier Marketing Communications 613-596-4120 x2274 ttrottier@datacst.com


 
Hitt og þetta
27. september 2007

Half-yearly report

Downing Protected VCT II plc Interim Statement for the six months ended 31 July 2007 SHAREHOLDER INFORMATION Performance summary Downing Protected Downing Protected VCT II plc VCT III plc 31 Jul 31 Jan 31 Jul 31 Jul 31 Jan 31 Jul 2007 2007 2006 2007 2007 2006 pence pence pence pence pence pence Net asset value per share 95.4 95.8 95.3 95.4 95.8 95.3 Cumulative distributions 2.5 1.0 1.0 2.5 1.0 1.0 per share Total return per share 97.9 96.8 96.3 97.9 96.8 96.3 Dividend History Year end Date Paid Pence per share Final 2006 27 June 2006 1.0 Final 2007 13 July 2007 1.5 2.5 CHAIRMAN'S STATEMENT Your Company has continued to make satisfactory progress throughout the six month period ended 31 July 2007. Venture capital investments One new qualifying investment was made during the period. £1 million was invested in Hoole Hall Country Club and Spa Limited. The company has acquired the Hoole Hall hotel near Chester and is undertaking an extensive renovation to add conferencing, banqueting and spa facilities to the site. The Company also made three non-VCT qualifying investments during the period. Investments totalling £1.6 million were made in Green Mountain Contractors Limited, Vermont Developments Limited and Sanguine Hospitality Limited. Each of these businesses has experienced management teams who are well-known to the Investment Manager and gives the Company opportunities to enhance the yield on its non-qualifying funds with negligible risk. One further portfolio development is that Honeycombe Pubs VCT Limited is expected to repay part of its loan stock in the near future. As a result, this element of the investment is now being treated as non-VCT qualifying. At 31 July 2007, the Company had a portfolio which includes 8 VCT qualifying investments with a total cost of £5.9 million, producing a VCT qualifying percentage of 61%. The Investment Manager has two further investments earmarked for the Company which will ensure that the 70% target is met before the deadline of 31 January 2008. The underlying businesses of each of the investments have continued to perform to plan throughout the period and the Board has concluded that no adjustments to the valuations are required, with each investment being held at cost. Fixed income securities portfolio During the period the Company disposed of three corporate bonds raising approximately £1.5 million, which was used to make the non-VCT qualifying investments mentioned above. Net Asset Value and Results At 31 July 2007, the Net Asset Value per Ordinary Share ("NAV") stood at 95.4p, an increase of 1.1p since the previous year end of 31 January 2007 (after adjusting for the 1.5p dividend paid during the period). Total Return (NAV plus cumulative dividends since launch) now stands at 97.9p per share. The profit on ordinary activities after taxation for the period was £105,000, comprising a revenue profit of £116,000 and a capital loss of £11,000. Share repurchase The Company operates a policy, subject to certain restrictions, of buying any shares that become available in the market. No shares were purchased in the period under review. Risk and uncertainties The Board has reviewed the principal risks and uncertainties facing the Company over the remainder of the financial period and concluded that the key risks are: * investment risk associated with investing in small and immature businesses; and * failure to maintain approval as a VCT. In both cases the Board is satisfied with the Company's approach to these risks. The strategy of, where possible, taking charges over assets to secure its investments helps to limit any potential losses which could arise from the failure of an investee business. The Company continually monitors its compliance with the VCT regulations and retains PricewaterhouseCoopers to provide regular reviews and advice in this area. By the end of the current financial year, the Company must comply with the 70% Test. The Board is satisfied with the Investment Manager's plans for achieving this in a timely manner, with one potential investment progressing that is expected to complete shortly and another potential investment which can be used as a contingency to ensure that the 70% Test is met before the deadline. Outlook The Manager's focus is now starting to shift towards possible investment exits which may allow the Company to make a significant distribution to Shareholders in the summer of 2008 in line with the strategy outlined in the Company's prospectus. I hope to be in a position to provide further details of the exit plans with the results for the year ended 31 January 2008. Hugh Gillespie Chairman 27 September 2007 INCOME STATEMENT for the six months ended 31 July 2007 Six months ended 31 July 2007 Revenue Capital Total £'000 £'000 £'000 Income 285 - 285 Net loss on investments - (11) (11) 285 (11) 274 Investment management fees (49) - (49) Other expenses (70) - (70) Return on ordinary activities 166 (11) 155 before taxation Taxation (50) - (50) Return attributable to equity 116 (11) 105 shareholders Return per Ordinary share 1.1p (0.1p) 1.0p Six months ended Year ended 31 July 2006 31 Jan 2007 Revenue Capital Total Total £'000 £'000 £'000 £'000 Income 232 - 232 480 Net loss on investments - (28) (28) (68) 232 (28) 204 412 Investment management fees (48) - (48) (97) Other expenses (67) - (67) (131) Return on ordinary activities 117 (28) 89 184 before taxation Taxation (32) - (32) (71) Return attributable to equity 85 (28) 57 113 shareholders Return per Ordinary share 0.8p (0.3)p 0.5p 1.1p A Statement of Total Recognised Gains and Losses has not been prepared as all gains/losses are recognised in the Income Statement as noted above. UNAUDITED SUMMARISED BALANCE SHEET as at 31 July 2007 31 Jul 31 Jul 31 Jan 2007 2006 2007 £'000 £'000 £'000 Investments Venture capital investments 7,918 5,591 5,870 Fixed interest investments 1,370 2,930 2,882 Net current assets 407 1,165 986 Creditors: amounts falling due after more (20) (20) (20) than one year Net assets 9,675 9,666 9,718 Capital and reserves Called up share capital 101 101 101 Capital redemption reserve 1 1 1 Special reserve 9,506 - 9,502 Share premium - 9,506 - Revenue reserve 146 86 182 Capital reserve - unrealised (49) (28) (75) Capital reserve - realised (30) - 7 Total equity 9,675 9,666 9,718 Net asset value per Ordinary share 95.4p 95.3p 95.8p RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS 31 Jul 31 Jul 31 Jan 2007 2006 2007 £'000 £'000 £'000 Opening shareholders' funds 9,718 9,732 9,732 Repurchase of own shares 4 (21) (25) Total recognised gains for the period 105 57 113 Distributions paid in period (152) (102) (102) Closing shareholders' funds 9,675 9,666 9,718 UNAUDITED CASH FLOW STATEMENT for the six months ended 31 July 2007 31 Jul 31 Jul 31 Jan 2007 2006 2007 Note £'000 £'000 £'000 Cash inflow/(outflow) from operating activities and returns on 1 investments 78 (2) 227 Taxation Corporation tax paid - - (43) Capital expenditure Purchase of investments (2,555) (4,807) (6,435) Proceeds from sale of investment 2,007 - 1,357 Net cash outflow from capital (548) (4,807) (5,078) expenditure Equity dividends paid (152) (102) (102) Net cash outflow before financing (622) (4,911) (4,996) Financing Purchase of own shares 4 (21) (25) Net cash inflow/(outflow) from 4 (21) (25) financing Decrease in cash 2 (618) (4,932) (5,021) Notes to the cash flow statement: 1.Cash inflow from operating activities and returns on investments Net revenue before taxation 166 117 252 Increase in other debtors (22) (111) (45) Increase/(decrease) in other (66) (8) 20 creditors Net cash inflow/(outflow) from 78 (2) 227 operating activities 2. Analysis of net funds Beginning of period 1,043 6,064 6,064 Net cash outflow (618) (4,932) (5,021) End of period 425 1,132 1,043 SUMMARY OF INVESTMENT PORTFOLIO as at 31 July 2007 Movement in the Cost Valuation % of portfolio period Venture capital investments £'000 £'000 by value £'000 VCT qualifying Cymbal Contracting Limited 1,000 1,000 10.3% - Ebury Contracting Limited 1,000 1,000 10.3% - Ebury Contracting (South 1,000 1,000 10.3% - East) Limited Hoole Hall Country Club and 1,000 1,000 10.3% - Spa Limited Nu Nu plc 1,000 1,000 10.3% - Honeycombe Pubs VCT plc* 650 650 6.7% - Chapel Contractors Limited 460 460 4.7% - Downing Office Villages 252 252 2.6% - Contractor Ltd 6,362 6,362 65.5% - Non VCT Qualifying Vermont Developments Ltd 500 500 5.1% - Green Mountain 430 430 4.4% - Constructions Ltd Heyford Homes (Thornton 376 376 3.9% - Hall) Ltd Sanguine Hospitality Ltd 250 250 2.6% - 1,556 1,556 16.0% - Listed fixed income (49) securities 1,418 1,370 14.1% Total 9,336 9,288 95.6% (49) Cash at bank and in hand 425 4.4% Total Investments 9,713 100.0% * Part of investment is non-VCT qualifying SUMMARY OF INVESTMENT MOVEMENTS for the six months ended 31 July 2007 Additions £'000 VCT Qualifying investments Hoole Hall Country Club and Spa Ltd 1,000 Non VCT Qualifying investments Vermont Developments Ltd 875 Green Mountain Contractors Ltd 430 Sanguine Hospitality Ltd 250 2,555 Disposals Gain/ Profit/ Cost Proceeds (loss) (loss) £'000 £'000 £'000 £'000 Non VCT Qualifying investments Heyford Homes (Weldon) Ltd 132 131 - - Vermont Developments Ltd 375 375 - - 506 506 - - Listed fixed income securities American Express 18/08/09 511 498 (13) 2 Countrywide Financial 15/12/08 509 499 (10) - HSBC Finance 22/01/10 519 504 (15) 1 1,539 1,501 (38) 3 2,045 2,007 (38) 3 NOTES TO THE UNAUDITED FINANCIAL STATEMENTS 1. The unaudited interim results cover the six months to 31 July 2007 and have been prepared in accordance with the accounting policies set out in the statutory accounts for the year ended 31 January 2007 which were prepared under UK Generally Accepted Accounting Practice ("UK GAAP") and in accordance with the Statement of Recommended Practice "Financial Statements of Investment Trust Companies" revised December 2005 ("SORP"). 2. All revenue and capital items in the Income Statement derive from continuing operations. 3. The Company has only one class of business and derives its income from investments made in shares, securities and bank deposits. 4. The comparative figures are in respect of the six-month period ended 31 July 2006 and the 12 month period ended 31 January 2007 respectively. 5. Return per share for the period has been calculated on 10,143,848 shares, being the weighted average number of shares in issue during the period. 6. Dividends 31 July 31 Jan 2007 2007 Revenue Capital Total Total £'000 £'000 £'000 £'000 Paid in year 2007 Final 152 - 152 - 2006 Final - - - 102 152 - 152 102 7. Reserves Capital Special Capital Capital Revenue redemption reserve reserve - reserve - reserve reserve realised unrealised £'000 £'000 £'000 £'000 £'000 At 1 February 2007 1 9,502 7 (75) 182 Shares repurchased - 4 - - - Net gains/(losses) on - investments - - 3 (14) Realisation of revaluations from - - (40) 40 - previous years Distributions paid - - - - (152) Retained net revenue - - - - 116 for the year At 31 July 2007 1 9,506 (30) (49) 146 The Special Reserve, Capital Reserve - Realised and Revenue Reserve are all distributable reserves. 8. The unaudited condensed financial statements set out herein do not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985 and have not been delivered to the Registrar of Companies. The figures for the year ended 31 January 2007 have been extracted from the financial statements for that year, which have been delivered to the Registrar of Companies; the auditors' report on those financial statements was unqualified. 9. The Directors confirm that, to the best of their knowledge, the half-yearly financial statements have been prepared in accordance with the "Statement: Half-Yearly Financial Reports" issued by the UK Accounting Standards Board and the half-yearly financial report includes a fair review of the information required by: (a) DTR 4.2.7R of the Disclosure and Transparency Rules, being an indication of important events that have occurred during the first six months of the financial year and their impact on the condensed set of financial statements, and a description of the principal risks and uncertainties for the remaining six months of the year, and (b) DTR 4.2.8R of the Disclosure and Transparency Rules, being related party transactions that have taken place in the first six months of the current financial year and that have materially affected the financial position or performance of the entity during that period, and any changes in the related party transactions described in the last annual report that could do so. 10. Copies of the unaudited interim results will be sent to Shareholders shortly. Further copies can be obtained from the Company's Registered Office. ---END OF MESSAGE---


 
Hitt og þetta
27. september 2007

Half-yearly report

Downing Protected VCT III plc Interim Statement for the six months ended 31 July 2007 SHAREHOLDER INFORMATION Performance summary Downing Protected Downing Protected VCT II plc VCT III plc 31 Jul 31 Jan 31 Jul 31 Jul 31 Jan 31 Jul 2007 2007 2006 2007 2007 2006 pence pence pence pence pence pence Net asset value per share 95.4 95.8 95.3 95.4 95.8 95.3 Cumulative distributions 2.5 1.0 1.0 2.5 1.0 1.0 per share Total return per share 97.9 96.8 96.3 97.9 96.8 96.3 Dividend History Year end Date Paid Pence per share Final 2006 27 June 2006 1.0 Final 2007 13 July 2007 1.5 2.5 CHAIRMAN'S STATEMENT Your Company has continued to make satisfactory progress throughout the six month period ended 31 July 2007. Venture capital investments One new qualifying investment was made during the period. £1 million was invested in Hoole Hall Country Club and Spa Limited. The company has acquired the Hoole Hall hotel near Chester and is undertaking an extensive renovation to add conferencing, banqueting and spa facilities to the site. The Company also made three non-VCT qualifying investments during the period. Investments totalling £1.6 million were made in Green Mountain Contractors Limited, Vermont Developments Limited and Sanguine Hospitality Limited. Each of these businesses has experienced management teams who are well-known to the Investment Manager and gives the Company opportunities to enhance the yield on its non-qualifying funds with negligible risk. One further portfolio development is that Honeycombe Pubs VCT Limited is expected to repay part of its loan stock in the near future. As a result, this element of the investment is now being treated as non-VCT qualifying. At 31 July 2007, the Company had a portfolio which includes eight VCT qualifying investments with a total cost of £5.9 million, producing a VCT qualifying percentage of 61%. The Investment Manager has two further investments earmarked for the Company which will ensure that the 70% target is met before the deadline of 31 January 2008. The underlying businesses of each of the investments have continued to perform to plan throughout the period and the Board has concluded that no adjustments to the valuations are required, with each investment being held at cost. Fixed income securities portfolio During the period the Company disposed of three corporate bonds raising approximately £1.5 million, which was used to make the non-VCT qualifying investments mentioned above. Net Asset Value and Results At 31 July 2007, the Net Asset Value per Ordinary Share ("NAV") stood at 95.4p, an increase of 1.1p since the previous year end of 31 January 2007 (after adjusting for the 1.5p dividend paid during the period). Total Return (NAV plus cumulative dividends since launch) now stands at 97.9p per share. The profit on ordinary activities after taxation for the period was £105,000, comprising a revenue profit of £116,000 and a capital loss of £11,000. Share repurchase The Company operates a policy, subject to certain restrictions, of buying any shares that become available in the market. No shares were purchased in the period under review. Risk and uncertainties The Board has reviewed the principal risks and uncertainties facing the Company over the remainder of the financial period and concluded that the key risks are: * investment risk associated with investing in small and immature businesses; and * failure to maintain approval as a VCT. In both cases the Board is satisfied with the Company's approach to these risks. The strategy of, where possible, taking charges over assets to secure its investments helps to limit any potential losses which could arise from the failure of an investee business. The Company continually monitors its compliance with the VCT regulations and retains PricewaterhouseCoopers to provide regular reviews and advice in this area. By the end of the current financial year, the Company must comply with the 70% Test. The Board is satisfied with the Investment Manager's plans for achieving this in a timely manner, with one potential investment progressing that is expected to complete shortly and another potential investment which can be used as a contingency to ensure that the 70% Test is met before the deadline. Outlook The Manager's focus is now starting to shift towards possible investment exits which may allow the Company to make a significant distribution to Shareholders in the summer of 2008 in line with the strategy outlined in the Company's prospectus. I hope to be in a position to provide further details of the exit plans with the results for the year ended 31 January 2008. Hugh Gillespie Chairman 27 September 2007 UNAUDITED SUMMARISED BALANCE SHEET as at 31 July 2007 31 Jul 31 Jul 31 Jan 2007 2006 2007 £'000 £'000 £'000 Investments Venture capital investments 7,918 5,591 5,870 Fixed interest investments 1,370 2,930 2,882 Net current assets 387 1,152 977 Creditors: amounts falling due (20) (20) (20) after more than one year Net assets 9,655 9,653 9,709 Capital and reserves Called up share capital 101 101 101 Capital redemption reserve 1 1 1 Special reserve 9,345 - 9,497 Share premium - 9,497 - Revenue reserve 287 82 178 Capital reserve - unrealised (49) (28) (75) Capital reserve - realised (30) - 7 Total equity 9,655 9,653 9,709 Net asset value per Ordinary share 95.4p 95.3p 95.8p RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS 31 Jul 31 Jul 31 Jan 2007 2006 2007 £'000 £'000 £'000 Opening shareholders' funds 9,709 9,722 9,722 Repurchase of own shares (7) (23) (22) Total recognised gains for the period 105 56 111 Distributions paid in period (152) (102) (102) Closing shareholders' funds 9,655 9,653 9,709 INCOME STATEMENT for the six months ended 31 July 2007 Six months ended 31 July 2007 Revenue Capital Total £'000 £'000 £'000 Income 285 - 285 Net loss on investments - (14) (14) 285 (11) 274 Investment management fees (49) - (49) Other expenses (70) - (70) Return on ordinary activities 166 (11) 156 before taxation Taxation (50) - (50) Return attributable to equity 116 (11) 105 shareholders Return per Ordinary share 1.1p (0.1)p 1.0p Six months ended Year ended 31 July 2006 31 Jan 2007 Revenue Capital Total Total £'000 £'000 £'000 £'000 Income 231 - 231 479 Net loss on investments - (28) (28) (68) 231 (28) 203 411 Investment management fees (48) - (48) (97) Other expenses (67) - (67) (131) Return on ordinary activities 116 (28) 88 183 before taxation Taxation (32) - (32) (72) Return attributable to equity 84 (28) 56 111 shareholders Return per Ordinary share 0.8p (0.3)p 0.5p 1.1p A Statement of Total Recognised Gains and Losses has not been prepared as all gains/losses are recognised in the Income Statement as noted above. UNAUDITED CASH FLOW STATEMENT for the six months ended 31 July 2007 31 Jul 31 Jul 31 Jan 2007 2006 2007 Note £'000 £'000 £'000 Cash inflow/(outflow) from operating activities 1 and returns on investments 68 (3) 227 Taxation Corporation tax paid - - (45) Capital expenditure Purchase of investments (2,555) (4,807) (6,435) Proceeds from sale of investment 2,007 - 1,357 Net cash outflow from capital (548) (4,807) (5,078) expenditure Equity dividends paid (152) (102) (102) Net cash outflow before financing (632) (4,912) (4,998) Financing Purchase of own shares (7) (23) (22) Net cash outflow from financing (7) (23) (22) Decrease in cash 2 (639) (4,935) (5,020) Notes to the cash flow statement: 1. Cash inflow from operating activities and returns on investments Net revenue before taxation 166 116 251 Increase in other debtors (32) (111) (45) Increase/(decrease) in other (66) (8) 21 creditors Net cash inflow/(outflow) from 68 (3) 227 operating activities 2. Analysis of net funds Beginning of period 1,034 6,054 6,054 Net cash outflow (639) (4,935) (5,020) End of period 395 1,119 1,034 SUMMARY OF INVESTMENT PORTFOLIO as at 31 July 2007 Movement % of in the Cost Valuation portfolio period Venture capital investments £'000 £'000 by value £'000 VCT qualifying Cymbal Contracting Limited 1,000 1,000 10.3% - Ebury Contracting Limited 1,000 1,000 10.3% - Ebury Contracting (South East) 1,000 1,000 10.3% - Limited Hoole Hall Country Club and Spa 1,000 1,000 10.3% - Limited Nu Nu plc 1,000 1,000 10.3% - Honeycombe Pubs VCT plc * 650 650 6.7% - Chapel Contractors Limited 460 460 4.8% - Downing Office Villages 252 252 2.6% - Contractor Limited 6,362 6,362 65.6% - Non VCT Qualifying Vermont Developments Ltd 500 500 5.2% - Green Mountain Constructions 430 430 4.4% - Ltd Heyford Homes (Thornton Hall) 376 376 3.9% - Ltd Sanguine Hospitality Ltd 250 250 2.6% - 1,556 1,556 16.1% - Listed fixed income securities 1,418 1,370 14.2% (49) Total 9,336 9,288 95.9% (49) Cash at bank and in hand 395 4.1% Total Investments 9,683 100.0% * Part of investment is non-VCT qualifying SUMMARY OF INVESTMENT MOVEMENTS for the six months ended 31 July 2007 Additions £'000 VCT Qualifying investments Hoole Hall Country Club and Spa Limited 1,000 Non VCT Qualifying investments Vermont Developments Ltd 875 Green Mountain Contractors Ltd 430 Sanguine Hospitality Ltd 250 2,555 Disposals Gain/ Profit/(loss) Cost Proceeds (loss) in period £'000 £'000 £'000 £'000 Non VCT Qualifying investments Heyford Homes (Weldon) Ltd 132 131 - - Vermont Developments Ltd 375 375 - - 506 506 - - Listed fixed income securities American Express 18/08/09 511 498 (13) 2 Countrywide Financial 15/12/08 509 499 (10) - HSBC Finance 22/01/10 519 504 (15) 1 1,539 1,501 (38) 3 2,045 2,007 (38) 3 NOTES TO THE UNAUDITED FINANCIAL STATEMENTS 1. The unaudited interim results cover the six months to 31 July 2007 and have been prepared in accordance with the accounting policies set out in the statutory accounts for the year ended 31 January 2007 which were prepared under UK Generally Accepted Accounting Practice ("UK GAAP") and in accordance with the Statement of Recommended Practice "Financial Statements of Investment Trust Companies" revised December 2005 ("SORP"). 2. All revenue and capital items in the Income Statement derive from continuing operations. 3. The Company has only one class of business and derives its income from investments made in shares, securities and bank deposits. 4. The comparative figures were in respect of the six-month period ended 31 July 2006 and the 12 month period ended 31 January 2007 respectively. 5. Return per share for the period has been calculated on 10,129,306 shares, being the weighted average number of shares in issue during the period. 6. Dividends 31 July 2007 31 Jan 2007 Revenue Capital Total Total £'000 £'000 £'000 £'000 Paid in year 2007 Final 152 - 152 - 2006 Final - - - 102 152 - 152 102 7. Reserves Capital Capital Capital redemption Special reserve - reserve - Revenue reserve reserve realised unrealised reserve £'000 £'000 £'000 £'000 £'000 At 1 February 2007 1 9,497 7 (75) 178 Shares repurchased - - - - (7) Net gains/(losses) on investments - - 3 (14) - Realisation of revaluations - - (40) 40 - from previous years Distributions paid - (152) - - - Retained net revenue - - - - 116 for the year At 31 July 2007 1 9,345 (30) (49) 287 The Special Reserve, Capital Reserve - Realised and Revenue Reserve are all distributable reserves. 8. The unaudited financial statements set out herein do not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985 and have not been delivered to the Registrar of Companies. The figures for the year ended 31 January 2007 have been extracted from the financial statements for that year, which have been delivered to the Registrar of Companies; the auditors' report on those financial statements was unqualified. 9. The Directors confirm that, to the best of their knowledge, the half-yearly financial statements have been prepared in accordance with the "Statement: Half-Yearly Financial Reports" issued by the UK Accounting Standards Board and the half-yearly financial report includes a fair review of the information required by: (a) DTR 4.2.7R of the Disclosure and Transparency Rules, being an indication of important events that have occurred during the first six months of the financial year and their impact on the condensed set of financial statements, and a description of the principal risks and uncertainties for the remaining six months of the year; and (b) DTR 4.2.8R of the Disclosure and Transparency Rules, being related party transactions that have taken place in the first six months of the current financial year and that have materially affected the financial position or performance of the entity during that period, and any changes in the related party transactions described in the last annual report that could do so. 10. Copies of the unaudited interim results will be sent to shareholders shortly. Further copies can be obtained from the Company's Registered Office. ---END OF MESSAGE---


 

Fortis, global leader in the fast growing carbon market, announces its successful participation in the Brazilian Certified Emission Reductions (CER) auction - the first to be held on a regulated stock market. This underlines Fortis's commitment to support the functionality of the Kyoto Protocol framework, the market-based mechanism that has been implemented to address global warming by reducing Green House Gas (GHG) emissions. Under the Kyoto Treaty on greenhouse gases blamed for global warming, companies that generate large amounts of polluting carbon dioxide and methane can buy offsetting credits from projects that remove contaminants. On this market, the first auction of issued CER's in Latin America through a regulated exchange has been concluded yesterday in Brazil with a sale price of Eur16.20 per credit. The reserve price of the CER's had been fixed at EUR12.70, a 40 percent discount on the average price of European Union allowances over the past 10 days. The credits were issued by the Bandeirantes sanitary landfill, where methane gases are collected by private company Biogás Energia Ambiental and used to generate electric energy. Seb Walhain, Director Environmental Markets at Fortis comments : "By participating in the auction, Fortis brings an important contribution in facilitating GHG abatement projects in Brazil. Fortis considers such a project as crucial in reaching the GHG reduction targets as specified under the Kyoto protocol and is pleased to contribute to long-term environmental sustainable growth. Simultaneously, by securing project based CER's, Fortis is more able to facilitate its vast growing list of clients that may need to purchase carbon credits to align with their compliance targets and so compensate the pollution they produce". Fortis: Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 35.1 billion (31/08/2007), Fortis ranks among the twenty largest financial institutions in Europe. Our sound solvency position, our presence in 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available on www.fortis.com About Fortis Merchant & Private Banking: As an internationally operating wholesale bank, we provide integrated financial services to companies from internationally active medium size companies to large corporates, banks, institutional clients and wealthy individuals. We are active in every major industry with a worldwide presence and are well versed in a comprehensive array of products. We have developed special expertise and leadership in selected sectors: energy, commodities transportation and real estate. To medium-sized companies with cross-border activities and complex financial needs, we offer high value financial solutions, ranging from credit, risk and treasury management to international trade and financial engineering, through an integrated European network of 126 Business Centers. We also offer cross-border integrated services for asset and liability management to wealthy individuals, their families and their advisors. The offer combines all necessary skills: structuring, discretionary or advisory portfolio management, real estate, finance and insurance. For more information: www.merchantandprivatebanking.fortis.com Press Contacts: Brussels: +32 (0)2 565 35 84 Utrecht: +31 (0)30 226 32 19 Investor Relations: Brussels: +32 (0)2 565 53 78 Utrecht: +31 (0)30 226 32 20


 

TietoEnator Corporation Stock Exchange announcement 27.9.2007 In the Helsinki Stock Exchange Trade date 27.9.2007 Bourse trade BUY Share TIE1V Amount 45.000 Shares Total cost 707.618,15 EUR Average price/share 15,7249 EUR Highest price/share 15,85 EUR Lowest price/share 15,65 EUR TietoEnator Corporation now holds a total of 2.251.650 TIE1V shares including the shares repurchased on 27.9.2007. On behalf of TietoEnator Corporation NORDEA BANK FINLAND PLC Petri Simberg Kalle Heikkilä


 

Nokia unveils enhanced mobile email for Microsoft Exchange server, delivers mobile email to broader user base, adds functionality New York, USA -Nokia announced today a new version of the Mail for Exchange mobile email software client, available now for business customers using Microsoft® Exchange Server and Nokia Eseries and selected Nokia Nseries devices. The new client will improve the user experience and offer access to popular Microsoft Exchange Server features, such as meeting request handling and directory look-up, on a mobile device. Mail for Exchange, a client application tightly integrated with the device for improved user experience, provides an end-to-end mobile email solution for businesses deploying Microsoft Exchange Server. Mail for Exchange 2.0 is available immediately. Mail For Exchange delivers all of the features and benefits of full email to Nokia Eseries mobile devices and is native to the handset which means that inbox, calendar and contacts functions integrate seamlessly with Nokia Eseries devices. Mail for Exchange further extends Nokia devices' position as a premier mobile email platform which also includes support for Nokia Intellisync Mobile Suite, Lotus Domino, Novell GroupWise, and consumer email solutions like Yahoo, Hotmail, and Gmail. "Exchange Server 2007 includes built-in mobile access capabilities that go beyond what users expect," said Jeff Ressler, Director for Microsoft Exchange. "With the release of Mail for Exchange 2.0, owners of Nokia Eseries and Nokia Nseries phones can stay productive on the go with these new Exchange mobility features, including remote corporate address books, the ability to accept and reject meeting invitations and other improvements." "As a means of enabling business mobility, our integrated solutions portfolio makes it easier for companies and operators to deploy mobile technologies," said Antti Vasara, senior vice president, Mobile Devices, Nokia. "Offering Mail for Exchange on our Nokia Eseries devices aligns with our goal to overcome challenges related to mobilizing businesses by protecting customers' existing investments and by expanding the choice of mobile applications for our customers." Mail for Exchange 2.0 uses the Microsoft Exchange ActiveSync® protocol and is compatible with Microsoft Exchange Server 2003 and Exchange Server 2007. The added benefits of Mail for Exchange 2.0 are: - flexible, cost-effective solution for IT Managers to benefit from the full power of Nokia Eseries devices in a Microsoft Exchange environment - increased work efficiency by enabling inbox, calendar and contact management on Nokia Eseries devices including the ability for full attachments handling and to manage and respond to meeting requests - optimal use of Microsoft Exchange Server investment by extending desktop features to mobile devices The client is available for Nokia Eseries customers directly from their devices through the Download! application free of charge. Nokia customers with compatible phones can also download the client from Nokia for Business web site. Click here for the web site For widescale company deployments, IT departments can use Nokia Intellisync Device Management to remotely provision the client over-the-air to employees, along with the necessary server connection and user credential settings. More information on features please Click here Compatibility Exchange Server 2003, SP1 and SP2 (ActiveSync protocol versions 2.0, 2.1 and 2.5). Microsoft Windows Small Business Server 2003 SP1 and R2. Exchange Server 2007. Compatible with Nokia E50, Nokia E60, Nokia E61, Nokia E61i, Nokia E65, Nokia E70, Nokia E90 Communicator, Nokia N73, Nokia N76, Nokia N80, and Nokia N95. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. About Nokia Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. Nokia makes a wide range of mobile devices and provides people with experiences in music, navigation, video, television, imaging, games and business mobility through these devices. Nokia also provides equipment, solutions and services for communications networks. Media Enquiries: Nokia Communications Tel. +358 7180 34900 Email: press.office@nokia.com Nokia, Americas Communications Tel. +1 972 894 4573 Email: communication.corp@nokia.com Nokia, APAC Communications Tel. +65 6723 2323 Email: communications.apac@nokia.com Industry Analysts Enquiries: Nokia, Industry Analyst Relations Email: Industry.analyst@nokia.com www.nokia.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;


 

OctoPlus N.V. ("OctoPlus" or the "Company") (Euronext: OCTO), the drug delivery and development company, announces today that it has acquired exclusive worldwide rights to develop and commercialise a family of compounds, including a GLP-1 agonist product candidate for the treatment of type 2 diabetes from Canadian biopharmaceutical company Theratechnologies (TSX: TH). The product candidate has been selected by OctoPlus for development into a long-acting controlled release formulation that may substantially reduce the required dosing frequency in diabetes therapy, compared to current products on the market or in development, and with a potentially better tolerability profile. OctoPlus has initiated pre-clinical development of this product. Diabetes is a worldwide health issue: the World Health Organization (WHO) estimates that more than 180 million people worldwide suffer from diabetes and projects that the number of deaths caused by diabetes will increase by more than 50% in the next 10 years if urgent action is not taken. Recent market reports estimate that global sales of anti-diabetics will exceed US$ 22 billion in 2011. GLP-1 (glucagon-like peptide 1) is a metabolic hormone that plays a central role in glucose handling. Various drug development efforts are directed towards its potential therapeutic benefit in diabetes treatment, and the only currently available GLP-1 based therapy requires twice-daily injections. Last year, GLP-1 based therapy generated US$ 430 million in revenues and this number is expected to grow significantly. OctoPlus' controlled release technology platform comprises polymer-based drug delivery technologies that can be combined with active pharmaceutical ingredients to gradually release the therapeutic in the body during weeks or months. In July, OctoPlus showed its leading role in controlled release delivery of proteins and peptides with the publication of promising results from an ongoing Phase IIa study with its lead product Locteron(TM), a controlled release formulation of interferon alfa for the treatment of chronic hepatitis C. OctoPlus' controlled release technology in Locteron shows its potential to induce fewer side effects, improve patient compliance and provide more convenient once-every-two-week dosing in comparison to current therapies, and with similar efficacy. Under the terms of the license agreement, OctoPlus will pay Theratechnologies milestone payments and royalties during the development and commercialisation of the product. The majority of these milestone payments are related to the successful completion of various clinical phases and the achievement of preset sales levels, and could amount to up to ¤ 36 million. Joost Holthuis, Chief Executive Officer of OctoPlus, comments: "We are delighted to expand our product portfolio with the addition of this promising GLP-1 agonist product candidate in a major therapeutic area. We are fully committed to successfully developing a truly long-acting formulation of this product, which continues to be an unmet need in diabetes therapy. Our recent success with Locteron gives us confidence that we will be able to apply our extensive controlled release experience to GLP-1 based molecules." For further information, please contact: Rianne Roukema, Corporate Communications: +31 (71) 524 1071 About diabetes and GLP-1 More than 180 million people worldwide suffer from diabetes, and its incidence is rising. Global sales of anti-diabetics amounted to more than $ 15 billion in 2005 and are expected to exceed $ 22 billion in 2011. An estimated 1 million people die yearly as a result of diabetes. The standard treatment for patients with type 2 diabetes is oral antidiabetics; if that is not sufficient, patients require additional medication such as GLP-1 agonists or insulin. An important asset of diabetes treatment with GLP-1 agonists is that they induce weight loss, which is an added benefit for diabetes patients, who often suffer from excess body weight. In addition, GLP-1 agonists stimulate insulin production under hyperglycaemic conditions; therefore they are less likely to cause hypoglaecemia. About OctoPlus OctoPlus N.V. is a product-oriented biopharmaceutical company committed to the creation of improved pharmaceutical products that are based on OctoPlus' proprietary drug delivery technologies and have fewer side effects, improved patient convenience and a better efficacy/safety balance than existing therapies. Rather than seeking to discover novel drug candidates through early stage research activities, OctoPlus focuses on the development of long-acting, controlled release versions of known protein therapeutics, other drugs, and vaccines. Our pipeline consists of 5 products in preclinical and clinical development. Our lead product is Locteron, a sustained-release formulation of interferon alfa for the treatment of chronic hepatitis C, which we are co-developing with Biolex Therapeutics. Locteron is in Phase IIa clinical development. Furthermore, our pipeline comprises a product candidate for the treatment of chronic middle ear infection, which is also in Phase II development, a pre-clinical GLP-1 product candidate for the treatment of diabetes and two pre-clinical-stage single-shot vaccines. In addition, OctoPlus is a leading provider of advanced drug formulation and clinical scale manufacturing services to the pharmaceutical and biotechnology industry, with a focus on difficult to formulate active pharmaceutical ingredients in injectable formulations. The earnings and expertise that we derive from rendering formulation and manufacturing services help to support our own drug development programs. OctoPlus is listed on Euronext Amsterdam under the symbol OCTO. For more information about OctoPlus, please visit our website www.octoplus.nl. About Theratechnologies Theratechnologies (TSX: TH) is a Canadian biopharmaceutical company that discovers innovative drug candidates in order to develop them and bring them to market. The company targets unmet medical needs in financially attractive specialty markets. Its most advanced program is tesamorelin, which has recently completed patient recruitment for its confirmatory Phase III clinical trial for a serious metabolic disorder known as HIV-associated lipodystrophy. The company also has other projects at earlier stages of development. For more information, visit www.theratech.com. This document may contain certain forward-looking statements relating to the business, financial performance and results of OctoPlus N.V. and the industry in which it operates. These statements are based on OctoPlus N.V.'s current plans, estimates and projections, as well as its expectations of external conditions and events. In particular the words "expect", "anticipate", "predict", "estimate", "project", "plan", "may", "should", "would", "will", "intend", "believe" and similar expressions are intended to identify forward-looking statements. We caution investors that a number of important factors, and the inherent risks and uncertainties that such statements involve, could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements. In the event of any inconsistency between an English version and a Dutch version of this document, the English version will prevail over the Dutch version.


 

3.79% Cu, 7.24% Zn, 0.37 g/t Au, 47 g/t Ag WHITE ROCK, BRITISH COLUMBIA--(Marketwire - September 26, 2007) - Constantine Metal Resources Ltd. (TSX VENTURE: CEM) (the "Company") is pleased to announce partial analytical results for 1 drill hole at the ongoing 2007 drilling program on its polymetallic massive sulphide Palmer project near Haines, Alaska. The 2007 Palmer drilling program started in late July and to date more than 6000 ft (greater than 1800m) of drilling has been completed in 6 holes. Partial assay results have been received for hole CMR07-07; all other assay results are pending. Hole CMR07-07 intersected 45.90 ft (14.0m) of 3.79% copper, 7.24% zinc, 0.37 g/t gold, 47 g/t silver. The intersection can be divided into an upper zinc zone; 14.30 ft (4.4m) - 13.60% zinc, 0.65% copper, 0.15 g/t gold, 18 g/t silver and a contiguous underlying copper zone; 31.60 ft (9.6m) 5.22% copper, 4.36% zinc, 0.47 g/t gold, 60 g/t silver. The estimated true width of the intersection is approximately 85-90% of the core length. The intersection is on the Glacier Creek prospect and is located in the footwall to the RW Zone at base of the RW rhyolite. It represents a third stacked high grade mineralized horizon (RW2) that can be tested with surface drilling. The CMR07-07 high grade intersection is located 230 ft (70m) west of the 2006 intersection in CMR06-01 (16.8 ft (5.12m) of 10.86% zinc, 0.13% Pb, 0.23% copper, 0.13 g/t gold and 44.4 g/t silver) and about 230 ft (70m) east of a 36 ft (11m) interval of rhyolite hosted massive pyrite stringers at the base of the RW horizon (0.81% zinc and 0.15% copper) in CMR06-03. Two drill holes were completed from the CMR07-07 drill site in 2007. The second hole (CMR07-08) intersected the same mineralized horizon as CMR07-07, in an 83 ft (25.3m) wide zone of leached barite and oxidized sulphides. This intercept is approximately 165 ft (50 m) updip from the CMR07-07 intercept towards the oxidized surface exposure of the zone. Assays for the CMR-07-08 intercept are pending. The RW and the RW2 zones are separated by the RW rhyolite that varies from 0 to a maximum indicated thickness of 180 ft (55m). In the absence of the RW rhyolite, the RW and RW2 zones become a single sulphide horizon which appears to be the case with the 2006 intersection in CMR06-01. The RW and RW2 zones remain open to the east and west and down dip to the northwest and northeast. At the Cap prospect target, two holes (aggregate of 2204 ft) were drilled to test for strike extensions and metal zonation relative to historic (pre-Constantine) drill intercepts of 76.1 ft (23.2m) in Cap-01 of 134 ppm silver (3.91 oz/t), 0.24% zinc, 0.16% Pb and 297.2 ft (90.6m) in RMC98-01 of 31 ppm silver (0.90 oz/t), that includes 35.8 ft (10.9m) of 62 ppm silver (1.81 oz/t), 0.19 ppm gold, 0.21% zinc. The Constantine holes (CMR07-04 and CMR07-05) indicate continuity of mineralization and alteration. The remaining four, 2007 holes completed to date (including CMR07-07 and CMR07-08 discussed above) are located at the Glacier Creek prospect, testing the RW (and RW2), Main and South Wall targets. The drill is currently operating at a lower elevation drill site, 1640 ft (500m) east of the CMR07-07 drill pad where it is testing the RW-RW2, Main zone and South Wall horizons. One hole has been completed at this site (CMR07-09) and a second hole (CMR07-10) is in progress. CMR07-10 is expected to be the final hole of the 2007 drill program. Garfield MacVeigh, President and CEO, commented, "The mineralized zones encountered to date continue to demonstrate the exciting potential of the project. The latest holes have indicated the presence of a thick zone of mineralization with good grade and continue to build and confirm the geological interpretation. There are many obvious step-out holes to drill. We are very excited about the future prospects for this project." The Company is preparing a map that shows the drill hole locations that will be posted on its website www.CONSTANTINEMETALS.COM. New assay results will be reported as they are received. About Constantine The Company is currently exploring its 100% controlled Palmer project, a world class base metal exploration opportunity in a very accessible part of southeast Alaska and has recently signed the definitive agreement to acquire a 100% interest, subject to a 2% NSR production royalty, in the high grade Croesus Gold Mine property located in the prolific gold producing southern Abitibi greenstone belt in Northern Ontario. The closing of the Croesus property acquisition to transfer 100% interest to Constantine is pending. J. Garfield MacVeigh, President Notes: Samples of drill core were cut by a diamond blade rock saw, with half of the cut core placed in individual sealed polyurethane bags and half placed back in the original core box for permanent storage. Samples were either shipped by truck from Whitehorse to an independent ALS Chemex prep lab in Terrace where pulped samples are then shipped by air to ALS Chemex in North Vancouver or alternately, samples are shipped directly by air freight from Whitehorse in sealed woven plastic bags to ALS-Chemex laboratories in North Vancouver. ALS Chemex laboratories operate according to the guidelines set out in ISO/IEC Guide 25. Gold was determined by fire-assay fusion of a 30 g sub-sample with atomic absorption spectroscopy (AAS). Various metals including silver, gold, copper, lead and zinc were analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy, following multi-acid digestion. The elements copper, lead and zinc were determined by ore grade assay for samples that returned values greater than 10,000 ppm by ICP analysis. The 2007 exploration program for the Palmer project is managed by J. Garfield MacVeigh, President and CEO of Constantine Metal Resources Ltd. and a qualified person as defined by Canadian National Instrument 43-101. Mr. MacVeigh has reviewed the information contained in this news release. Forward looking statements: The news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, exploration results and future plans and objectives of Constantine are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Constantine's expectations include exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. This news release provides partial assay results for one hole only. There is no assurance that assay results for remaining holes will provide similar results. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Contacts: Contact Financial Corporation Kirk Gamley Investor Relations Officer (604) 561-3642 Contact Financial Corporation Peter Murray Investor Relations Officer (604) 561-3642 Website: www.constantinemetals.com


 

FT. MYERS, FL--(Marketwire - September 26, 2007) - NeoMedia Technologies (OTCBB: NEOM), the global leader in camera-initiated transactions for mobile devices, announced today plans to relocate the corporate headquarters as well as changes in current key personnel. NeoMedia is examining new areas for relocating corporate headquarters, currently operating in Fort Myers, Florida. NeoMedia is analyzing location options based on the prevalent market and prospects of the geography. NeoMedia is looking into Atlanta, GA and Washington, DC as major cities with opportunities that will offer close contact to potential customers and easier access to international markets. Christian Steinborn, CEO of Gavitec AG-mobile digit, will assume the additional role of Chief Operating Officer (COO) of NeoMedia Technologies, Inc. Steinborn will oversee global sales opportunities and business operations of both NeoMedia and Gavitec AG-mobile digit. Christian is a seasoned executive with years of experience in the wireless industry and demonstrates consistent execution of sales and profitably initiatives. In addition, NeoMedia Technologies announces the resignation of the founder and Chairman of the Board, Charles W. Fritz. Chas plans to pursue ventures in economic and environmental industries. Chas Fritz is leaving the company in capable hands and feels the company is in a position to take advantage of the emerging market for optically initiated transactions using mobile devices. CEO William J. Hoffman states, "NeoMedia is looking at opportunities based on the required move to enhance customers' relations and prospects as well as increase access to its international markets." NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG-mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more visit www.neom.com, www.qode.com, and www.mobiledigit.de This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. qode is a registered trademark, and qode®reader, qode®window and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners. Press Contacts: William Hoffman NeoMedia Technologies, Inc. +(239) 337-3434 whoffman@neom.com Amanda George NeoMedia Technologies, Inc. +(239) 337-3434 x151 ageorge@neom.com


 

TietoEnator Corporation Stock Exchange announcement 26.9.2007 In the Helsinki Stock Exchange Trade date 26.9.2007 Bourse trade BUY Share TIE1V Amount 45.000 Shares Total cost 709.587,76 EUR Average price/share 15,7686 EUR Highest price/share 16,13 EUR Lowest price/share 15,58 EUR TietoEnator Corporation now holds a total of 2.206.650 TIE1V shares including the shares repurchased on 26.9.2007. On behalf of TietoEnator Corporation NORDEA BANK FINLAND PLC Petri Simberg Kalle Heikkilä


 

Starfsemi Digital Task er í raun þríþætt og skiptist í verslun, þjónustuver og fyrirtækjasvið. Guðmundur Pálsson, framkvæmdarstjóri Digital Task, segir í samtali við Viðskiptablaðið þegar Digital, sem stofnað var í ársbyrjun, hafi tekið að selja vörur hafi þeir fundið þörfina til að opna verslun svo viðskiptavinir gætu séð vöruna sem þeir voru að kaupa. "Í kjölfarið fórum við að þreifa fyrir okkur á þessum markaði og komumst við í samband við Task í maímánuði bauðst okkur að taka yfir rekstur þess. Task hættir formlega starfsemi 1. júní og sameinast okkur undir kennitölu Digital Tækni, en fyrirtækið er kynnt sem Digital Task. Á sama tíma er þetta húsnæði laust og flytjum við okkar starfsemi hingað inn. Þetta er gríðarleg stækkun, en við erum að fara úr 120 fermetrum í 700 fermetra. Þessi staðsetning hefur svo skilað okkur miklu, en við höfum verið að fá inn mikið af viðskiptavinum sem eru hér á ferðinni," segir Guðmundur Hann segir sérstöðu Digital Task liggja í öflugum samstarfsaðilum og þjónustuumboðum, fremur en að leggja áherslu á ákveðin vörumerki. " Hjá okkur snýst þetta um að vinna með fólki og ef viðskiptavinur kemur inn og vantar kannski kafbát með internettengingu, þá er ekkert ólíklegt að við getum dregið einhvern að borðinu og fundið það fyrir hann. Viðskiptavininum er í raun alveg sama hvað prentarinn heitir, svo lengi sem hann prentar. Fyrir okkur snýst þetta því bara um að við getum útvegað hann og mætt á staðinn og þjónustað hann þegar hann bilar eins og öll mannanna verk gera og fyrir það ætlum við að standa," segir Guðmundur. Netfyrirtækið Hive mun svo opna bás inni í verslun Digital Task í mánuðnum. "Hive var að leita sér að öflugum endursöluaðila á sinni vöru og komu því til okkar," segir Guðmundur.


 

GLENCAR MINING PLC Shareholding Notification 26 September 2007 Glencar Mining plc ("Glencar" or the "Company") received notification today that MF Global UK Limited holds less than 3% of the issued share capital of Glencar, following a transaction on 25 September 2007. For further information, please contact: Glencar Mining plc Hugh McCullough, Managing Director Tel: +353 1 661 9974 e-mail: info@glencarmining.ie ---END OF MESSAGE---


 

Stonesoft Corporation stock exchange release September 26, 2007 THE GROWTH OF SALES DURING THE SECOND HALF YEAR WILL BE EMPHASIZED TO THE LAST QUARTER - THE ANNUAL OVERALL NET SALES ARE DOWNGRADED Based on the present information it seems that the growth of the sales of StoneGate(TM) products during the second half year will be emphasized to the last quarter as a consequence of among others a transfer of timing of materialization of certain larger projects. The sales of the third quarter will remain roughly at the same level than last year or fall below. The company has earlier estimated that its annual overall net sales will be roughly 21 million euros (+/- 10%) and that its annual costs will be roughly 23 million euros (+/- 10 %). Due to the weaker than expected development of the sales during the third quarter, the company expects now, in deviation of its earlier estimate, its annual overall net sales to be roughly 19 million euros (+/- 10%). The corresponding net sales figure of last year was 17 million euros. This estimate is based on the present sales funnel. The annual costs are estimated to remain in the level of 23 million euros (+/- 10 %)as estimated earlier. The operating result and the total result for the whole year is expected to develop favourably as estimated earlier. More detailed information will be given in connection with the Interim Report for the third quarter to be announced in October 25, 2007. For additional information, please contact: Ilkka Hiidenheimo, CEO, Stonesoft Corporation, Tel. +358 9 476 711 E-mail: ilkka.hiidenheimo@stonesoft.com Mikael Nyberg, CFO, Stonesoft Corporation Tel. +358 9 476 711 E-mail: mikael.nyberg@stonesoft.com Stonesoft Corp. Ilkka Hiidenheimo CEO Distribution: The Helsinki Stock Exchange Main media www.stonesoft.com


 

Íslenska hugbúnaðarfyrirtækið Merkurpoint býður upp á verslunarlausnina MerkurPOS, sem er hugbúnaður sem leysir af hólmi gömlu sjóðsvélarnar en bætir jafnframt við birgðabókhaldi, viðskiptamannabókhaldi, greiningartólum og ýmsum öðrum sérkerfum. Frá þessu er sagt í Viðskiptablaðinu í dag.


 

World Space Week Youth Inspiration Program Joins Students From Bahrain, Bangladesh, Nigeria, Colombia, Czech Republic, Thailand, China, Norway and United States to Symbolically Launch Humankind's Next 50 Years in Space LAS VEGAS, NV--(Marketwire - September 26, 2007) - On October 6, nine exceptional students from around the world will commemorate the 50th anniversary of space age and experience weightlessness for the first time on a zero-gravity flight from McCarran International Airport in Las Vegas. This flight will serve to inspire students worldwide to excel in education, demonstrate international cooperation and visibly launch humankind's next 50 years in space. The flight is part of the global celebration of United Nations-declared World Space Week, October 4-10. "For this Youth Inspiration Program, we selected nine students who are role models for the students of the world," said World Space Week Association President Dennis Stone. The students selected, all age 15-18, are Mohamed Selais of Bahrain, Rafiqul Islam of Bangladesh, Adeolu Akano of Nigeria, Yuranis Castro of Colombia, Veronika Simova of Czech Republic, Sunaree Naeramit of Thailand, Li Mutian of China, Kristian Rasmussen of Norway and Devin Green of the United States. Sponsors include, United Launch Alliance, Lockheed Martin Space Systems Company, Batelco, China Academy of Launch Vehicle Technology and National Space Research and Development Agency of Nigeria. "On this significant milestone for the space age, we are proud to send these outstanding students on this one-of-a-kind experience," Stone continued. "World Space Week demonstrates to young people everywhere that they can achieve their dreams by excelling in education. World Space Week demonstrates to everyone that the exploration and uses of space brings our whole world closer together." The United Nations has declared October 4-10 annually as World Space Week. The Space Age began on October 4, 1957 with the launch of Sputnik 1. The world's first international space treaty took effect October 10, 1967. World Space Week is celebrated with a myriad of public and student events in some 50 nations. "World Space Week 2007 will be the largest public space celebration in history," Stone said. "We encourage the public to attend events in their area and we encourage teachers to use space in their classrooms that week." The global calendar of events is available at www.worldspaceweek.org. The flight will be operated by Zero Gravity Corporation (ZERO-G®), the first and only FAA-approved provider of commercial weightless flights. The experience it offers is the only commercial opportunity on Earth for individuals to experience true "weightlessness" without going to space. The flight will include approximately 15 parabolas ranging from low-gravity environments typical of the moon (1/6 G) and Mars (1/3 G) to complete weightlessness and deliver twice the amount of weightless time achieved in a typical sub-orbital flight into space. This unforgettable weightless voyage with ZERO-G will give students the chance to fly like Superman, flip like an Olympic gymnast and enjoy 10-times more hang-time than the world's best basketball player. They will have the chance to see water hover before their eyes, or release a handful of M&M's and chase them down like a game of human PacMan. "To partner with the World Space Week Association for the Youth Inspiration Program to enable these students to experience weightlessness for the first time is an incredible milestone in my efforts to bring the fun and excitement of space and weightlessness to the world," said Dr. Peter H. Diamandis, CEO and Co-Founder of ZERO-G. " I believe that by engaging students across the globe and illustrating that our wildest dreams can become reality, we will help to inspire tomorrow's explorers." Oscar-winning actor Tom Hanks, an avid sponsor of the Youth Inspiration Program, experienced zero-gravity flights himself during the filming of "Apollo 13." Reflecting on the Youth Inspiration Program as an avenue to inspire students to focus on their education, Hanks described the initiative as "a brilliant idea, truly brilliant." Notes to Editors Two pre-flight photo opportunities are available: Friday, Oct. 5 at the Star Trek Experience at the Las Vegas Hilton and Saturday, Oct. 6 at the Signature Air tarmac prior to boarding the flight (with ZERO-G plane as a backdrop and international students in their flight suits). To request credentials for either photo opportunity, please contact Laura Cleary at lcleary@kirvindoak.com, 702.737.3100. Photography from the flight will be posted at www.worldspaceweek.org/media.html. About World Space Week Association Founded in 1981, World Space Week Association (www.worldspaceweek.org) is a non-profit organization that supports the United Nations in the global coordination of World Space Week, the largest public space event on Earth, celebrated in some 50 nations each October 4-10. For a calendar of planned events around the world, see www.worldspaceweek.org/calendar. About ZERO-G Zero Gravity Corporation (www.GoZeroG.com) is a privately held space entertainment and tourism company whose mission is to make the excitement and adventure of space accessible to the public. ZERO-G is based in Las Vegas and Florida and is the first and only FAA-approved provider of weightless flight to the general public, as well as the entertainment and film industries; corporate and incentive market; non-profit research and education sectors; and government. Founded in 1993 and headquartered in Las Vegas, ZERO-G is led by a world-class team of veteran astronauts and experienced business leaders. The company was co-founded by X PRIZE Chairman and space visionary, Dr. Peter H. Diamandis; and veteran astronaut, Dr. Byron K. Lichtenberg. The duo spent more than a decade working to bring the marvel of weightless flight to the public. Since launching the ZERO-G Experience to the general public in September 2004, the company has conducted more than 100 weightless flights and flown over 3,000 passengers, including celebrities and media personalities, corporate charters, science and math teachers, and individuals age 12 to 93. The ZERO-G Experience(TM), which includes training led by a professional astronaut, a flight of 15 parabolas, flight suit, complimentary merchandise, awards, a post-event party, photos, and a DVD of the flight, is offered at a price of $3,500 per seat. For the current flight schedule, more information or to book a seat, visit www.GoZeroG.com, www.sharperimage.com or call 1-800-937-6480. For More Information: Laura Cleary 702-737-3100 lcleary@kirvindoak.com Jaclyn Oribello joribello@kirvindoak.com Natalie Mounier nmounier@kirvindoak.com


 

Stolt-Nielsen S.A. (Oslo Børs: SNI) will hold a presentation and a conference call to discuss the Third Quarter 2007 results on Thursday, October 4, 2007 at 4:00pm CEST (10:00am EDT, 3:00pm BST) at Shippingklubben, Haakon VII's gate 1, in Oslo, Norway. Making the presentation and the call will be: - Mr. Niels G. Stolt-Nielsen - Chief Executive Officer, Stolt-Nielsen S.A. - Mr. Jan Chr. Engelhardtsen - Chief Financial Officer, Stolt-Nielsen S.A. Anyone wishing to participate should dial 0800 028 1277 (in UK), 1 888 935 4577 (in US & Canada), 800 19640 (Norway) or +1 718 354 1388 (International) at that time. Phone lines will open 10 minutes before the call. There will be a Postview facility (a taped recording of the conference call) available after the conference call on Thursday, October 4, 2007 until Wednesday, October 10, 2007 at 11.59pm CEST (5.59pm EDT, 10.59pm BST). For access dial 1 866 883 4489 (US & Canada), +1 718 354 1112 (International) and quote the passcode: 4302720#. A live audio webcast of the conference call will be available via Stolt-Nielsen's Internet site www.stolt-nielsen.com commencing on Thursday, October 4, 2007 at 4:00pm CEST (10:00am EDT, 3:00pm BST). A playback of the conference call commences on Thursday, October 4, 2007 after 7:00pm CEST (1:00 pm EDT, 6:00pm BST). For additional information please contact: Nicola Savage Hudson Sandler UK +44 (0) 20 7796 4133 Stolt-Nielsen@hspr.com Jan Chr. Engelhardtsen Stolt-Nielsen S.A. UK +44 (0) 20 7611 8972 jengelhardtsen@stolt.com


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Elliott Advisors (UK) Ltd. | |--------------------------------------+----------------------------| | Company dealt in | Imperial Chemical | | | Industries PLC | | | | |--------------------------------------+----------------------------| | Class of relevant security to which | Ordinary Shares | | the dealings being disclosed relate | | | (Note 2) | | |--------------------------------------+----------------------------| | Date of dealing | 25 September 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-----------------------------------------------------------------------------------------+ | | Long | Short | | | | | |---------------+------------------------------------------+------------------------------| | |Number |Number | | |(%) | (%) | |---------------+------------------------------------------+------------------------------| |(1) Relevant | | | |securities | | | | | | | |---------------+------------------------------------------+------------------------------| |(2) Derivatives|25,814,335 2.1590% | | |(other than | | | |options) | | | | | | | |---------------+------------------------------------------+------------------------------| |(3) Options and| |5,521,250 | |agreements to | |0.4618% | |purchase/sell | | | | | | | |---------------+------------------------------------------+------------------------------| |Total |25,814,335 2.1590% |5,521,250 | | | | 0.4618% | +-----------------------------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------------------------------------------------------+ |Class of relevant security: | Long | Short | | | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| | |Number |Number | | |(%) | (%) | |---------------------------------+------------------------------------------+--------------------------------------| |(1) Relevant | | | |securities | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| |(2) Derivatives (other than | | | |options) | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| |(3) Options and agreements to | | | |purchase/sell | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| |Total | | | | | | | +-------------------------------------------------------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------------+ | Class of relevant security: | Details | | | | |-----------------------------+---------| | | | +---------------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | | | | | |---------------+----------------------+-------------------------| | | | | +----------------------------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short | Number of securities (Note | Price per | | name, | (Note 6) | 7) | unit (Note | | e.g. CFD | | | 5) | |----------+------------+------------------------------+------------| | CFD | Long | 2,900,000 | GBP 6.4500 | |----------+------------+------------------------------+------------| | CFD | Long | 4,450,000 | GBP 6.4500 | |----------+------------+------------------------------+------------| | CFD | Long | 358,263 | GBP 6.4494 | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ |Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |selling, |securities to which|price |American, |Date |paid/received | |e.g. call|purchasing, |the option relates | |European | |per unit (Note| |option |varying etc.|(Note 7) | |etc. | |5) | | | | | | | | | |---------+------------+-------------------+--------+----------+------+--------------| | | | | | | | | +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note 5) | | | | | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, arrangement or understanding | | between the person disclosing and any other person relating to | | the voting rights of any relevant securities under any option | | referred to on this form or relating to the voting rights or | | future acquisition or disposal of any relevant securities to | | which any derivative referred to on this form is referenced. If | | none, this should be stated. | |-------------------------------------------------------------------| | | | | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) YES/NO +-------------------------------------------------------------------+ | Date of disclosure | 26 September 2007 | |-----------------------------------------------+-------------------| | Contact name | Philippa Rowan | |-----------------------------------------------+-------------------| | Telephone number | 0207 518 1818 | |-----------------------------------------------+-------------------| | If a connected EFM, name of offeree/offeror | | | with which connected | | |-----------------------------------------------+-------------------| | If a connected EFM, state nature of | | | connection (Note 10) | | +-------------------------------------------------------------------+ Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk ---END OF MESSAGE---


 

WATERLOO, Ontario, Sept. 26, 2007 (PRIME NEWSWIRE) -- Descartes Systems Group, a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced that Air Canada has signed on with Descartes' GF-X Exchange to provide an additional electronic booking option. The rollout of the service will begin in Europe in October, where Descartes will begin allotment booking for major freight forwarders working with Air Canada. "Joining Descartes' Global GF-X Exchange is a natural progression for Air Canada and will complement our existing portal services which have been very successful to date," said Claude Morin, President Air Canada Cargo. "We are responding to the growing demand from freight forwarders to book cargo shipments electronically. Electronic commerce is the way of the world and it makes good business sense to invest and participate in services which will benefit our customers. Making allotment bookings electronically turns a repetitive, time-consuming exchange of data into a much more efficient task for both Air Canada and the freight forwarder. This is an integral part of our continuing commitment to improve service, reduce costs, and improve accuracy and efficiency in the booking process." "Air Canada is a global carrier with a long and established history in air cargo," said Demetrios Zoppos, Managing Director of the Descartes GF-X Exchange. "As international trade continues to grow, forwarders are demanding more access to booking information and services in real time. With Descartes' GF-X Exchange, Air Canada can extend its electronic booking reach to major forwarders throughout the world." Descartes GF-X Exchange is one of the largest electronic information and reservation systems in the airfreight industry. Airfreight carriers can distribute real-time product, routing, capacity and rate information to their forwarders worldwide. Airfreight forwarders can access carrier information, make electronic bookings and track shipments via a web browser (no software installation required), 24 hours a day, 7 days a week. Descartes GF-X Exchange service is part of the Descartes Global Logistics Network(tm) (GLN). The GLN enables transportation providers to connect to their trading partners and reliably exchange information to drive delivery performance and high levels of customer satisfaction. With the Descartes GLN, companies can better manage their logistics book-to-bill process, track inventory, meet regulatory requirements, optimize fleet performance, and effectively communicate with their logistics partners. About Air Canada Air Canada provides scheduled and charter air transportation for passengers and cargo to more than 150 destinations on five continents. Canada's flag carrier is the 14th largest commercial airline in the world and serves over 32 million customers annually with a fleet consisting of 335 aircraft. Air Canada is a founding member of Star Alliance providing the world's most comprehensive air transportation network. Air Canada Cargo is a leading provider of air cargo transportation services to international markets and founding member of Cargo 2000. About Descartes Descartes (TSX:DSG) (Nasdaq:DSGX), a leading provider of software-as-a-service (SaaS) logistics solutions, is delivering results across the globe today for organizations that operate logistics-intensive businesses. Descartes' logistics management solutions combine a multi-modal network, the Descartes Global Logistics Network, with component-based 'nano' sized applications to provide messaging services between logistics trading partners, shipment management services to help manage third party carriers and private fleet management services for organizations of all sizes. These solutions and services help Descartes' customers reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven and improve pick up and delivery reliability. Our hosted, transactional and packaged solutions deliver repeatable, measurable results and fast time-to-value. Descartes customers include an estimated 1,600 ground carriers and more than 90 airlines, 30 ocean carriers, 900 freight forwarders and third-party providers of logistics services, and hundreds of manufacturers, retailers, distributors, private fleet owners and regulatory agencies. The company has almost 300 employees and is based in Waterloo, Ontario, with operations in Atlanta, Pittsburgh, Ottawa, Washington DC, Derby, London, Stockholm, Shanghai, Singapore and Melbourne. For more information, visit www.descartes.com. The Descartes Systems Group logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4065 This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; Air Canada's rollout of the GF-X Exchange; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based. CONTACT: Descartes Systems Group Nicole German 1-416-741-2838 ext. 298 ngerman@descartes.com


 
Hitt og þetta
26. september 2007

Share Holding

26 September 2007 AIM / PLUS Markets: AAU HOLDING IN COMPANY Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 25th September 2007 that following a purchase of 5,000,000 Ordinary Shares of 1p ("the Shares"), Paul Curtis, together with his brother Nick Curtis, now owns 6,600,000 Shares, representing a holding in the Company's enlarged issued share capital following the Placing announced on the 25th September 2007 of 9.4%. Contacts: Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish Bankside Consultants Tel: 020 7367 8888 Michael Padley / Louise Davis City Capital Corporation Limited Tel: 020 7842 5867 Charles Dampney King & Shaxson Capital Limited Tel: 020 7426 5986 Nick Bealer Editors' note: About Ariana Resources Ariana is a dynamic exploration company focused on the discovery and development of epithermal gold-silver and porphyry copper-gold deposits with multi-million ounce potential within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of prospective licences covering 1,820km2, selected on the basis of its advanced in-house remote sensing database. The Company's flagship asset is the 235km2 Sindirgi Gold Project, which targets a series of prospects, within a prolific mineralised district in western Turkey. The project hosts over 45km of gold-silver bearing epithermal quartz veins. Ambrian Partners Limited and King & Shaxson Capital Limited are joint brokers to the Company and Beaumont Cornish Limited is the Company's nominated adviser. For further information on Ariana you are invited to visit the Company's website at www.arianaresources.com. Ends ---END OF MESSAGE---


 

Metso Automation will deliver valves to seawater desalination plant to be constructed by thermal desalination specialist company SIDEM of France (Société Internationale de Dessalement). The first part of the delivery will take place in the first quarter of 2008. One of the world's largest desalination plants will start its operations in 2010. The order value exceeds EUR 3 million. Metso Automation's delivery consists of close to 300 control valves for 27 desalination units, each having a capacity of 29,630 m3/day. The diameters of the ordered valves range between 80 to 1,100 mm. The desalination plant will be a part of the Independent Water and Power Production Project (IWPP) that is led by power and water utility company MARAFIQ of Saudi Arabia. After the completion of the project, the desalination plant will provide 800,000 m3/day of desalinated water to Jubail Industrial City and the Eastern Province of Saudi Arabia. IWPP project will be carried out by a consortium of SIDEM, General Electric of USA and Hyunday Heavy Industries of Korea. SIDEM, part of Veolia Water Solutions & Technologies, is one of the world leaders in thermal seawater desalination through low temperature distillation processes. Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its more than 26,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com For further information, please contact: Alain Lelong, Regional Sales Manager, Flow Control business line, Metso Automation, tel. + 33 6 07 95 35 14


 

Executives of IC Companys have subscribed a total of 112,059 shares with a nominal value of DKK 10 by exercising warrants previously granted to them. Accordingly the share capital has been increased by DKK 1,120,590 nominal value. The shares were subscribed at DKK 173.50 per share without pre-emption rights to the company's other shareholders or any other parties. The proceeds to the company from the shares subscribed are DKK 19,442,237. Application will be made to the Copenhagen Stock Exchange for listing of the new shares following registration of the capital increase with the Danish Commerce and Companies Agency. The new shares will be entitled to dividend as from the financial year 2007/08. As the new shares do not carry the right to receive dividend for the financial year 2006/07, the new shares will be registered under a temporary ISIN code with the Copenhagen Stock Exchange. Immediately upon the Company's Annual General Meeting 24 October 2007, the temporary ISIN code for the new shares is converted into the ISIN code for ordinary shares. The share capital of IC Companys A/S after the increase amounts to DKK 185,055,570. IC Companys A/S Henrik Theilbjørn President & CEO Contacts Henrik Theilbjørn, President & CEO Tel. +45 3266 7646 Chris Bigler, CFO Tel. +45 3266 7017 This announcement is a translation from the Danish language. In the event of any discrepancy between the Danish and English versions, the Danish version shall prevail


 

Referring to the press release sent out this morning by Nasdaq/Borse Dubai, Nordea Bank AB has entered into an agreement to sell its 6,003,369 shares in OMX (4.98% of the outstanding shares and votes) on the conditions described in the revised offer. These include a raised offer of SEK 265 per share and a lowering of the acceptance level condition to more than 50 per cent. Nordea's agreement with Nasdaq/Borse Dubai will be terminated in case of, inter alia: * A competing offer at minimum of SEK 303 per OMX share which Nasdaq/Borse Dubai does not match within fifteen banking days. * The Nasdaq/Borse Dubai offer is not opened for acceptances latest 15 February 2008. * The Nasdaq/Borse Dubai offer is not declared unconditional on 1 April 2008 at the latest. * Conditions of the Nasdaq/Borse Dubai offer are waived or significantly changed without the prior written consent of Nordea. - Our main interest is to ensure strong, competitive and efficient market places in all markets where we operate to the benefit of our customers. We believe that the combined plans involving Borse Dubai, Nasdaq and OMX will facilitate this and we think the conditions offered are reflecting the value potential in this new combination, says Arne Liljedahl, Chief Financial Officer and Executive Vice President, Nordea. For further information: Arne Liljedahl, Group Chief Financial Officer and Executive Vice President, +46 8 614 7996 Johan Ekwall, Head of Investor Relations, +46 8 614 7852, +46 70 607 92 69


 

ALMA MEDIA CORPORATION PRESS RELEASE 26 September 2007 ALMA MEDIA CONSIDERS BUILDING OFFICE PREMISES IN PASILA Alma Media Corporation has made a preliminary site reservation for new office premises situated in Helsinki. The company is preparing to make decisions about its future premises during spring 2008. This action is part of these preparations. The premises possibly built in Pasila would be ready in 2010 if the project materialises. The whole Alma Media personnel currently situated in the Helsinki area would move to the new premises. Alma Media would act as a tenant in the premises. More information Rauno Heinonen, VP, Corporate Communications and IR, Alma Media Corp., tel. +358 10 665 2251, mobile +358 40 861 9345. Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and the online media. Its best known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Net sales in 2006 totaled EUR 302 million and the operating margin was 16 %. The company's share is listed in the Mid Cap segment of the OMX Nordic Exchange's Nordic List, trading code ALN1V. More information at www.almamedia.fi.


 
Hitt og þetta
26. september 2007

Half-yearly report

Mariana Resources Limited has today released its half-yearly report. ---END OF MESSAGE---


 

(London, 26 September 2007) - The announcement made by our subsidiary Deva Holding A.S. to Istanbul Stock Exchange today is given below: "According to the board decision and as stated in our announcement dated 16 February 2007; the land at "Buyukdere Cad No: 199 4. Levent - Istanbul"; on which our pharmaceuticals plant had been established was sold and the pharmaceutical plant needs to be transferred to the buyer. In the Board meeting it was unanimously resolved; The pharmaceutical plant to be completely closed down on 29 February 2008; the production activity to be ended definitely and permanently on 29 February 2008; all the employee contracts to be terminated as of 29 February 2008 by employing them during the notification term; all the severance payments and personnel's other legal payments to be made on the same date and all the required notifications and transactions to be placed. As of today; the total maximum severance payment approximately is amounting to TRY 4,560,000." For further information contact: +----------------------------------------------------+ | EastPharma Ltd. | Tel.: + 90 (212) 324 4803 | | Mesut Cetin | | | | Fax.: + 90 (212) 324 4777 | | | | +----------------------------------------------------+ ---END OF MESSAGE---


 

YIT CORPORATION SEPT. 26, 2007 at 10:30 CORPORATE RELEASE STOCK EXCHANGE RELEASE YIT Corporation's Board of Directors has confirmed the Group's strategy and financial targets for the period 2008-2010. The YIT Group's strategic target is profitable growth. Over the next few years, the Group will bolster its operations in its current business countries. In addition, the Group will seek to expand its geographical scope during the strategy period. Strategic target levels are unchanged The YIT Group's financial target levels were confirmed unchanged for the 2008-2010 strategy period. The targets are: average annual revenue growth of 10 per cent, operating profit of 9 per cent of revenue, return on investment of 22 per cent, equity ratio of 35 per cent and a dividend payout ratio of 40-60 per cent of earnings after taxes and minority interest. In addition, YIT has set the target of increasing revenue in Russia by an average of 50 per cent annually during the 2006-2009 period. Bolstering business operations in current business countries The Building Systems business segment aims to increase its market share in its whole territory: the Nordic and Baltic countries and Russia. Growth focuses on the Nordic countries. Service portfolios will be rounded out both organically and through acquisitions. In Construction Services, growth focuses on Russia and increasing the real estate development projects. Residential development will be increased in Russia by strengthening YIT's presence in its current business cities and carrying on with expansion into other Russian cities with populations in excess of a million. The strategic focus of the Industrial and Network Services business segment is maintenance services outsourced by industry in Finland. Geographical expansion In Construction Services the aim is to expand operations geographically during the strategy period by setting up joint ventures or through acquisitions. The aim is to start up residential development in central Eastern Europe, where, as in Russia, there is a need to improve living conditions. Building Systems will assess opportunities for enlarging its offerings in Western Europe through acquisitions. Geographical expansion is geared towards establishing a presence in growing markets and maintaining a balanced business structure. Capital Markets Day materials Today, September 26, 2007, YIT will hold a Capital Markets Day for investors and analysts in London. At the event, Group CEO Hannu Leinonen and the heads of the business segments will present YIT's strategy. YIT's Capital Markets Day materials are available on the company's Internet site at www.yitgroup.com/investors. For additional information, contact: Sakari Toikkanen, Executive Vice President, YIT Corporation, tel. +358 20 433 2336, sakari.toikkanen@yit.fi Petra Thorén, Vice President, Investor Relations, YIT Corporation, tel. +358 40 764 5462, petra.thoren@yit.fi YIT CORPORATION Veikko Myllyperkiö Vice President, Corporate Communications Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com


 

(Oslo, 26 September 2007) Scandinavian Property Development ASA has entered into an agreement for the acquisition of the development project K2 - Fornebu. The office development project consists of 28,000 m2 of office development property located between Telenor Head Quarter and Radisson SAS Fornebu Park Hotel at Fornebu, just outside Oslo. The purchase price is approximately NOK 280 million. Today, K2 - Fornebu is owned by Telenor Eiendom Holding AS. The transaction grants Scandinavian Property Development ASA the rights to develop 28,000 m2 of office property. The Fornebu area is one of the largest and most important development areas in Norway. The area is situated in the outskirts of the capital city of Norway, Oslo. Office rental prices are rapidly increasing in the Oslo area. The purchase of K2 - Fornebu underlines Scandinavian Property Development's ambition of acquiring future-oriented projects in central, high-growth regions of Scandinavia. "Scandinavian Property Development is very satisfied with the purchase of the office development project K2 at Fornebu, close to the city of Oslo. The project is located between Telenor Head Quarter and a Radisson SAS Hotel, and other important environments as IT Fornebu and our company's major residential project are situated near by. The project is estimated to yield an IRR of more than 20% and the office premises will surely be very attractive among blue chip tenants and property investors. The office rental prices have already increased by approximately 10% during the 1st six months of 2007. We already have a lot of knowledge about the market and the Fornebu area in general which we can benefit from. This makes Scandinavian Property Development a highly competent developer of this office project." says Stein Haugbro, Chief Executive Officer of Scandinavian Property Development ASA. The transaction is expected to be completed by the end of November 2007. Please see more details in the enclosed investment presentation about K2 - Fornebu. After the acquisition of K2 - Fornebu, Scandinavian Property Development owns approximately 450,000 sqm of residential development projects and 230,000 sqm of commercial development projects. In addition Scandinavian Property Development owns approximately 17,000 sqm of yielding commercial properties. About the Fornebu area * AAA location by the seaside only ~ 5 km outside Oslo city centre (5 min drive) * Effective communications through the highway E-18 and the communication centre Lysaker (train, airport express train, buses etc) * Snarøya, outside Fornebu is already established as one of the most popular and expensive residential and commercial areas in Oslo * According to Bærum municipality the area will accommodate 15,000 workplaces and 6,000 residential units About Scandinavian Property Development ASA: Scandinavian Property Development ASA (ticker: SPDE) is a newly established Norwegian property development company that invests in development projects and opportunistic (high yield) properties within all the major property segments in Scandinavia. The company's objective is to play a leading role in this market. In March 2007 the company acquired a portfolio at Fornebu, Oslo with a value of approximately NOK 5.1bn and in June the company acquired Hinna Park AS, Stavanger at a price of approximately NOK 0.6bn. SPD aims to have a portfolio of NOK 10-15bn by the end of 2007. The portfolio will have a mix of pure development projects and acquisitions of commercial properties with development potential. SPD is listed on the NOTC list of the Norwegian Securities Dealers Association. The current market value of the company's shares is approximately NOK 2.8 billion. The company plans to apply for listing on the Oslo Stock Exchange in the 4th quarter 2007. The company is administrated and run by Aberdeen Property Investors. www.scandinavianproperty.no or www.spde.no Contacts: Stein Haugbro, Chief Executive Officer of Scandinavian Property Development ASA, tel. +47 950 26 210 Are Njåstein, CFO, Scandinavian Property Development ASA, tel. +47 982 39 003


 

LONDON--(Marketwire - September 26, 2007) - Omniture, Inc. (NASDAQ: OMTR), a leading provider of online business optimisation software, is reaping the rewards of its partner programme and has signed eight new digital agency partnerships. The company has joined forces with NeoSearch@Ogilvy, Ptarmigan Media, Outrider, Satama, Web Population, ServeMedia, Agence Virtuelle, and Grand-Q to provide their customers with Omniture SearchCenter and help them maximise profit from their search engine marketing initiatives. Omniture has also launched its certified professional program, providing training and certification in its search and Web analytics products for agency staff, guaranteeing a high-level of service to its customers. To date, the company has certified over 60 agency staff and consultants across Europe. To manage this growth, Omniture has expanded its pan-European channels account team, this month appointing Jean-Claude Muratore, formerly of WebTrends, to run channels for the southern Europe region, and Egon Wilcsek, formerly of Siebel Systems, to run channels in central and eastern Europe. Both join Andrew Bartlam, who has channel responsibility for the UK and northern Europe, and all report to Neil Morgan, vice president, EMEA channels and marketing. "The response to Omniture SearchCenter from agencies and customers has been excellent," said Morgan. "It is fast becoming the tool of choice for agencies because it can dramatically increase their productivity in paid search. It is also an invaluable tool for demonstrating to clients a complete picture of the results of their campaigns and hence the value that they deliver as an agency." Omniture SearchCenter has already proved a hit within the agency community. Recently, new media and search specialist agency partners Digital Clarity, MediaCom and MediaContacts have all chosen the solution to roll-out across their respective clients. This is in addition to Omniture's existing partnerships with new media agencies Bigmouthmedia, BLM Quantum, e-InBusiness, and Green Cathedral. Omniture SearchCenter enables businesses to optimise search marketing campaigns around the keywords that lead to the highest rate of 'conversion' on a site -- i.e. those that lead to the highest levels of actual sales, registrations, subscriptions or qualified leads, etc. -- rather than just reporting the number of click-throughs for a specific keyword from a specific search engine, the traditional method for measuring search campaigns. This complete view of conversion is a result of the native integration between Omniture SearchCenter and Omniture SiteCatalyst®, the company's award-winning Web analytics platform. Omniture will be attending ad:tech, London, on 26 and 27 September 2007. To speak to Neil Morgan, VP Marketing EMEA, Omniture, about SearchCenter or other business optimisation capabilities, or to speak to an agency using SearchCenter, please contact: Malini Majithia / Kate Hartley Carrot Communications Tel: 020 7386 4862 About Omniture Omniture, Inc. is a leading provider of online business optimization software, enabling customers to manage and enhance online, offline and multi-channel business initiatives. Omniture's software, which it hosts and delivers to its customers as an on-demand subscription service, enables customers to capture, store and analyze information generated by their Web sites and other sources and to gain critical business insights into the performance and efficiency of marketing and sales initiatives and other business processes. In addition, Omniture offers a range of professional services that complement its online services, including implementation, best practices, consulting, customer support and user training through Omniture University(TM). Omniture's more than 2,500 customers include eBay, AOL, Wal-Mart, Gannett, Microsoft, Neiman Marcus, Oracle, Countrywide Financial, General Motors, Sony and HP. www.omniture.com Note on Forward-Looking Statements Management believes that certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements regarding the abilities and expected benefits of our technology and services to our customers and partners and our certified professional program. These statements are based on current expectations and assumptions regarding future events and business performance and involve certain risks and uncertainties that could cause actual results to differ materially, including but not limited to, risks associated with our ability to ensure that our services address the specific requirements of our customers and partners, the continued adoption by customers of our services, the significant capital requirements of the business model, our ability to develop or acquire new services and enhance existing service offerings, risks associated with our acquisition strategy and disruptions in our business and operations as a result of acquisitions, the continued growth of the market for on-demand, online business optimization services, changes in the competitive dynamics of our markets, errors, interruptions or delays in our services or other performance problems with our services, our ability to hire, retain and motivate our employees, the adoption of laws or regulations, or interpretations of existing law, that could limit our ability to collect and use Internet user information, and the blocking or erasing of "cookies"; and such other risks described in Omniture's quarterly report on Form 10-Q for the period ended June 30, 2007, and from time to time in other reports filed by Omniture with the U.S. Securities Exchange Commission. These reports are available on the Investor Relations section of our Web site at http://www.omtr.com. Omniture undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations. Omniture Press Contacts: Kate Hartley / Malini Majithia Carrot Communications 020 7386 4860 Email Contact Omniture Press Contacts: Kate Hartley / Malini Majithia Carrot Communications 020 7386 4860 Malini.majithia@carrotcomms.co.uk


 

KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 26.09.2007 AT 09.45 1(2) A total of 19,516 new Kesko Corporation B shares have been subscribed for with the stock options marked with symbols 2003D and 2003F in Kesko Corporation's 2003 stock option scheme. The corresponding increase in the share capital, ¤39,032, has been entered in the Trade Register today. The new B shares will be included in the main list of the Helsinki Stock Exchange with the old B shares for public trading on Thursday, 27 September 2007. A total of 500 new B shares were subscribed for with Kesko Corporation's year 2003 stock options marked with symbol 2003D and 19,016 new B shares with stock options marked with symbol 2003F. In accordance with the terms and conditions of the stock option scheme, the subscription price of the shares with options marked with symbol 2003D is ¤3.03 per share and with options marked with symbol 2003F ¤16.48 per share. In consequence of these subscriptions, Kesko Corporation's registered share capital increases by ¤39,032 to a total of ¤195,519,630. After this increase, the total number of Kesko Corporation's shares has risen to 97,759,815, of which 31,737,007 are A shares and 66,022,808 are B shares. Each A share entitles the holder to ten votes and each B share to one vote. After the increase, the number of votes carried by Kesko Corporation shares is 383,392,878. The new B shares carry the right to dividend and other shareholder rights with effect from today. The stock options marked with symbols 2003D, 2003E and 2003F are based on the decision made by Kesko Corporation's Annual General Meeting on 31 March 2003 to offer stock options to the management of the Kesko Group. A total of 1,800,000 stock options were issued in the 2003 stock option scheme. The stock options were marked with symbols 2003D, 2003E and 2003F in such a way that each unit had 600,000 stock options. Each stock option entitles to subscribe for one Kesko Corporation B share until the end of the subscription period, the stock options marked with symbol 2003D until 30 April 2008, the stock options marked with symbol 2003E until 30 April 2009 and the stock options marked with symbol 2003F until 30 April 2010. After this increase in the share capital, the stock options marked with symbol 2003D entitle to further subscribe for a total of 66,512 B shares, which correspond to an increase of ¤133,024 in the share capital, the stock options marked with symbol 2003E entitle to further subscribe for a total of 430,633 B shares, which correspond to an increase of ¤861,266 in the share capital, and the stock options marked with symbol 2003F entitle to further subscribe for a total of 481,745 B shares, which correspond to an increase of ¤963,490 in the share capital. The shares can be subscribed for at the offices of Nordea Bank Finland Plc. The terms and conditions of the year 2003 stock option scheme were published in a stock exchange release on 31 March 2003. Further information is available from Corporate Counsel Jarkko Karjalainen, tel. +358 1053 22602. Kesko Corporation Harri Utoslahti Communications Manager DISTRIBUTION Helsinki Stock Exchange Main news media


 

Live Investor Day presentation on www.cantos.com and www.mangroupplc.com at 0900BST. It's free to view. All you need to do is register at www.cantos.com . Cantos.com is an online financial website where top management of companies address the critical issues facing their businesses. If you would like to contact us, please email enquiries@cantos.com.


 
Hitt og þetta
26. september 2007

Half-yearly report

Embargoed for release at 7.00 a.m. on 26 September 2007 CENTROM GROUP plc Interim results for six months ended 30 June 2007 Centrom Group plc (AIM:CET), a supplier of a broad range of innovative IT solutions, with an emphasis on sales to the healthcare and financial services sectors, announces interim results for the six months ended 30 June 2007. These are the first figures prepared under International Financial Reporting Standards and the comparative amounts have been restated on that basis. Highlights: v Revenues £1.8m (2006: £1.8m) v EBITD £121,361 (2006: loss £302,360 (before charging exceptional items of £110,122) v Gross margin 36.5% (2006: 26.0%) v Net cash inflow from operations £80,342 (2006: outflow £887,935) v Canon Partnership - launch of Centrom developed software product to enable electronic filing on Canon devices v Addressing virtual management software market utilising VM Ware products Commenting, Gerald Malone, Chairman, said: "This marked improvement in performance flows from management's success in implementing the board's decision taken in April 2006 to restructure the Group, reversing the trend of declining profit margins, completing the elimination of loss making business - unprofitable hardware sales - improving cash flow management and focusing on the growth of high margin business. Having established higher margins in all Centrom's core business activities the board and management's priority is to increase revenue both by organic growth and pursuing suitable strategic opportunities, a number of which have been identified and are under consideration." -Ends- For further information please contact: Gerry Malone, Chairman Centrom Group plc 07711 085611 www.centrom.com Noelle Greenaway / Peter Ward Insinger de Beaufort (Nominated Adviser) 020 7190 7000 www.insinger.com John Webb Marshall Securities Limited (Broker) 020 7490 3788 CENTROM GROUP plc Interim results for six months ended 30 June 2007 Chairman and CEO Statement We are pleased to present the interim results for the six months ended 30 June 2007. Centrom is an independent Information Technology and Consultancy company specialising in the provision of Managed Services and solutions for Information Management, Risk Management and Records and Case Management. Our solutions and services are aimed at helping organisations meet their Information Management, Corporate Governance and Compliance requirements. Centrom designs, implements and operates large enterprise environments for both government and the private sector and works in partnership with the leading suppliers of Document and Records Management (EDRM), Process Management, and Document Capture technologies, as well as technology suppliers for Storage, Data Recovery and Virtualisation. Centrom's specialist consultants are fully conversant with corporate compliance legislation (e.g. MIFID, SOX, and DPA), and its Public Sector division is highly experienced and knowledgeable on all aspects of healthcare, patient records and the intricacies of data transformation. Financial results These are the first results of the Group to be stated under International Financial Reporting Standards (IFRS) and the comparatives have been restated on this basis. The principal impact of IFRS on the results has been in relation to: * Goodwill which was previously amortised resulting in a charge to profit and loss account of £184,267 in the six months ended 30 June 2006 is now subject to impairment reviews. No provision for impairment has been made in the period; * A provision for holiday pay which resulted in a charge to profit and loss account of £21,813 in the six months ended 30 June 2006. Previously no accrual was made for holiday pay. The effect of these adjustments on the results, income statement, balance sheet and equity of the Group are set out in note 7. We are pleased to report an EBITD profit for the six months ended 30 June 2007 of £121,360 on revenues of £1,832,725, compared with a loss of £302,360 for the half year to June 2006 on revenues of £1,829,889. The improvement in gross margins in 2006 from 26% in the first half to 34.8% in the second half continued in the first half of 2007 with margins of 36.5%. Administrative costs remain under tight control - £585,843, down from £827,782 in the same period last year. Revenues of £1,832,725 this year include £359,335 from equipment and software sales all of which relate to consultancy projects at improved margins. In the same period last year revenues of £1,829,889 included equipment and software sales of £652,306 which generated a margin of less than 5%. Our managed services and technical services division focuses on data centres and our customers' use of them. During the period we have reorganised this work resulting in a higher margin. Consulting services have increased over last year but were affected by a number of projects which have started in the second half of this year although they were planned to start in the first half. Projects and Partners Enhanced focus on securing technology specific Partners, such as Open Text and Canon and utilising VM Ware virtual management software, has enabled Centrom to establish growth in each of its core sectors. The application of knowledge within the areas of compliance and corporate governance remain a 'growth' opportunity for both Centrom and its Technology Partners. The first software product developed by Centrom for Canon has been launched for the Education and Government markets and further research is being focused on 'green' issues with data centre and storage partners and software providers, such as SUN, Hitachi Data Systems and VM Ware. As the requirement for driving additional, quantifiable value from technology investment within customers' businesses intensifies, Centrom has demonstrated through a technology migration for the London Teaching Hospitals, delivered with partner and customer iSoft, how a full understanding of virtualisation techniques and project management delivers customer satisfaction. The Open Text partnership promises to provide Centrom with a number of substantial corporate and government opportunities utilising both technical and business skills and experience. Outlook We have seen continued progress in July and August as the technical and managed services divisions benefit from reorganisation earlier in the year. In the consulting area we have taken steps to focus more on the timing of assignments. Our team has skills for which there is strong demand and we have recently strengthened the team to meet the work flow. We have reviewed and continue to review opportunities to grow the Group through partnership and acquisition. Gerald Malone Mike Boseley Chairman CEO 26 September 2007 CENTROM GROUP plc Group Income Statement for the six months ended 30th June 2007 Unaudited Unaudited 6 months 6 months Year ended ended 30 June ended 30 31 December Notes 07 June 06 2006 *Restated *Restated £ £ £ Revenue 1,832,725 1,829,889 3,553,988 Cost of sales (1,163,388) (1,350,928) (2,475,372) Gross profit 669,337 478,961 1,078,616 . Administrative costs (585,843) (827,782) (1,399,642) Other operating income - 750 1,000 Operating profit/(loss) 83,494 (348,071) (320,026) Exceptional item 3 - (110,122) (116,690) Operating profit/(loss) after exceptional item 83,494 (458,193) (436,716) Finance income - 1,025 3,341 Finance charges (10,224) (1,335) (53,213) Profit/(loss) before taxation 73,270 (458,503) (486,588) Taxation (22,000) - (23,356) Profit/(loss) for the period 51,270 (458,503) (509,944) Minority interests - - 138 Profit/(loss) for the period attributable to members of the parent company 51,270 (458,503) (509,806) Earnings/(loss) per share Basic (pence) 4 0.02 (0.24) (0.25) Diluted (pence) 4 0.02 (0.24) (0.25) The results for the period are derived from continuing activities. *Restated to reflect the adoption of IFRS as per note 7. The group has no recognised gains or losses other than the results for the period/year. Accordingly no Statement of Recognised Income and Expenditure has been prepared. CENTROM GROUP plc Group Balance Sheet as at 30th June 2007 Unaudited Unaudited 30 June 2007 30 June 2006 31 December 2006 *Restated *Restated £ £ £ Non current assets Goodwill and intangible assets 7,750,287 7,731,727 7,751,537 Property plant and equipment 88,524 168,780 117,370 Deferred tax asset 349,053 335,177 371,053 8,187,864 8,235,684 8,239,960 Current assets Inventories - 10,203 - Trade and other receivables 608,484 738,103 1,036,367 Cash and cash equivalents 3,348 - 1,605 611,832 748,306 1,037,972 Total assets 8,799,696 8,983,990 9,277,932 Current liabilities Trade and other payables (836,462) (816,270) (1,109,814) Deferred income (486,918) (716,016) (694,717) Financial liabilities (73,679) (183,262) (111,034) Current tax liabilities (64,699) - (64,699) (1,461,758) (1,715,548) (1,980,264) Non current liabilities Financial liabilities (69,667) - (80,667) Total liabilities (1,531,424) (1,715,548) (2,060,931) Net assets 7,268,271 7,268,442 7,217,001 Capital and reserves Called up share capital 2,087,834 2,087,834 2,087,834 Share premium 6,462,415 6,462,415 6,462,415 Profit and loss account (1,423,157) (1,423,124) (1,474,427) Equity shareholders' funds 7,127,092 7,127,125 7,075,822 Minority interests 141,179 141,317 141,179 Total equity 7,268,271 7,268,442 7,217,001 CENTROM GROUP plc Group Cash Flow Statement for the six months ended 30th June 2007 Unaudited Unaudited 6 months 6 months ended 30 ended 30 Year ended 31 June 07 June 06 December 2006 *Restated *Restated £ £ £ Cash flows from operating activities Operating profit/(loss) 83,494 (348,071) (320,026) Exceptional item - (110,122) (116,690) Depreciation of plant and equipment 39,116 46,022 108,959 Loss on disposal of fixed assets - - 525 Taxation - - (4,268) Decrease in inventories - 6,397 16,600 (Increase)/decrease in receivables 427,883 (171,799) (460,327) Increase in payables (470,151) (310,362) (435,527) Net cash inflow/(outflow) from operating activities 80,342 (887,935) (1,210,754) Investing activities Payments to acquire intangible assets - - (19,810) Payments to acquire property, plant and equipment (9,020) (5,364) (17,417) Net cash outflow from investing activities (9,020) (5,364) (37,227) Financing activities Issue of ordinary share capital - 300,000 300,000 New borrowings - - 260,000 Repayment of borrowings (11,000) - (12,590) Finance income - 1,025 3,341 Interest on bank loans (10,224) (1,335) (53,213) Net cash inflow/(outflow) from financing activities (21,224) 299,690 497,538 Increase/(decrease) in cash and cash equivalents 50,098 (593,609) (750,443) Opening cash and cash equivalents (340,096) 410,347 410,347 Closing cash and cash equivalents (289,998) (183,262) (340,096) CENTROM GROUP plc Group Statement of Changes in Equity As at 30 June 2007 Share Profit and Equity Share premium loss shareholders' Minority Total capital account account funds interests equity *Restated *Restated *Restated £ £ £ £ £ £ At 1 January 2006 as previously stated 1,787,834 6,462,415 (958,318) 7,291,931 141,317 7,433,248 Prior period effect of adoption of IFRS - - (6,303) (6,303) - (6,303) At 1 January 2006 as restated 1,787,834 6,462,415 (964,621) 7,285,628 141,317 7,426,945 Issue of share capital 300,000 - - 300,000 - 300,000 Loss for the half year to 30 June 2006 - - (458,503) (458,503) - (458,503) At 30 June 2006 2,087,834 6,462,415 (1,423,124) 7,127,125 141,317 7,268,442 Loss for the half year to 31 December 2006 - - (51,303) (51,303) (138) (51,441) At 31 December 2006 2,087,834 6,462,415 (1,474,427) 7,075,822 141,179 7,217,001 Profit for the half year to 30 June 2007 - - 51,270 51,270 - 51,270 At 30 June 2007 2,087,834 6,462,415 (1,423,157) 7,127,092 141,179 7,268,271 CENTROM GROUP plc Notes to the Financial Information for the six months ended 30 June 2007 1 Basis of preparation The Group's previous financial statements have been prepared under UK Generally Accepted Accounting Principles (UK GAAP). However, for the financial year ended 31 December 2007 the Group will prepare its annual consolidated financial statements in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union (EU) and implemented in the UK. The Group's date of transition to IFRS was 1 January 2006 at which date the Group prepared its opening IFRS balance sheet. The financial information for the six months ended 30 June 2007 is unaudited and has been prepared in accordance with the Group's accounting policies, based on IFRS standards that are expected to apply for the financial year 2007. The financial information for the six months ended 30 June 2006 is also unaudited and has also been restated under IFRS. An explanation of the impact of the transition from UK GAAP to IFRS and the effect on the Group's results and income statements for the period ended 30 June 2006 and the year ended 31 December 2006 and the equity and balance sheets as at 1 January 2006, 30 June 2006 and 31 December 2006 is set out in note 7. The interim financial information set out in this report, including the transition to IFRS of the 31 December 2006 accounts, has not been audited. The interim financial information does not constitute full accounts for the purposes of Section 240 of the Companies Act 1985. The figures for the year ended 31 December 2006 have been extracted from the audited accounts for that period. The accounts for the period ended 31 December 2006, prepared under UK GAAP, contained an unqualified auditors' report and have been filed with the Registrar of Companies. Accounting 2 policies Basis of consolidation The consolidated financial statements incorporate the financial statements of the company and all group undertakings. These are adjusted where appropriate to conform to group accounting policies. The results of companies acquired or disposed of are included in the group profit and loss account after or up to the date that control passes respectively. As a consolidated group profit and loss account is published, a separate profit and loss account for the parent company is omitted from the group financial statements by virtue of section 230 Companies Act 1985. Revenue Revenue, excluding VAT, comprises the value of maintenance contracts, managed service contracts, professional services and hardware sales. Each contract is specifically tailored to meet the requirements of the customer and contracts for maintenance and managed services can be for more than one year. The sale of hardware is recognised when it is delivered to the customer. Where maintenance contracts are made directly with the hardware supplier the turnover is recognised when the associated hardware is delivered to the end user. Where the contract for maintenance support and managed services is provided by the Group itself the turnover is recognised in accordance with the percentage completion of the contract. For professional services on contracts that span the year end revenue is recognised to the extent that the work has been completed. Development expenditure Development expenditure which is separately identifiable and related to specific projects is capitalised as an intangible asset to the extent that the outcome of the project is technically feasible and commercially viable. Amortisation will commence upon the full commercial application of the product under development, over the period that economic benefits are expected to be derived. Fixed assets All fixed assets are initially recorded at cost. Depreciation Depreciation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the useful economic life of that asset as follows: Leasehold land and buildings over the lease term 25% straight line on Plant and equipment cost Goodwill Goodwill arising on consolidation represents the excess of the fair value of the consideration paid over the fair value of the identifiable net assets acquired at the date of consolidation. Goodwill is recognised as an asset on the Group's balance sheet in the year in which it arises and is not amortised. Goodwill on acquisitions arising before 1 January 2006 (the date of transition to IFRS) has been recorded at its carrying amount under UK GAAP, subject to being tested for impairment at that date. Inventories Inventories are valued at the lower of cost and net realisable value on a first in first out basis, after making due allowance for obsolete and slow moving items. Deferred taxation Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes with the exception that deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is calculated at the tax rates which are expected to apply in the periods when the timing differences will reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. Foreign currencies Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Foreign exchange differences arising on translation are recognised in the income statement for the period. Operating lease arrangements Rentals paid under operating leases are charged to income on a straight line basis over the lease term. Pensions The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. Impairment The carrying amounts of the group's assets, other than stock (see accounting policy on stocks) and deferred tax assets (see accounting policy on deferred tax) are reviewed at each balance sheet date to determine whether there is any indication of impairment. If any such indication exists, the asset's recoverable amount is estimated. Assets that have an indefinite useful life are not subject to amortisation and are tested annually for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. Impairment losses are recognised in the income statement. (i) Calculation of recoverable amount The recoverable amount of assets is the greater of their net selling price and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessment of the time value of money and the risks specific to the asset. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash-generating unit to which the asset belongs. (ii) Reversals of impairment An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortisation, if no impairment loss had been recognised. 3 Exceptional item The exceptional item relates to restructuring costs in 2006 arising on the closure of the Enterprise Division supplying stand alone hardware and software products. Hardware and software products are only supplied as part of an overall solution where services are also provided. Profit per 4 ordinary share The calculation of basic profit/(loss) per share has been calculated on the net basis on the loss on ordinary activities after taxation of £51,270 (2006 - (£458,503) loss) using the average number of 1p ordinary shares in issue of 208,783,400 (2006 - 188,397,060). The diluted profit/(loss) per share is based on a profit for the year of £51,270 (2006 - (£509,806) loss) using the average number of 1p ordinary shares of 208,783,400 (2006 - 198,180,660) after adjusting for diluting options. Unaudited Unaudited 6 months Year ended 6 months ended ended 30 31 December 30 June 07 June 06 2006 *Restated *Restated £ £ £ Profit/(loss) for the period 51,270 (458,503) (509,806) Basic earnings/(loss) per share Weighted number of shares in issue 208,783,400 188,397,060 198,180,660 Basic earnings/(loss) per share (pence) 0.02 (0.24) (0.25) Diluted loss per share Weighted number of shares in issue 211,783,400 188,397,060 201,180,660 Dilutes earnings/(loss) per share (pence) 0.02 (0.24) (0.25) 5 Dividends No dividend is proposed. 6 Issue of equity None issued in the period Explanation of the 7 transition to IFRS For all periods up to and including 31 December 2006, the Group prepared its financial statements in accordance with UK GAAP. The interim financial statements for the six months to 30 June 2007 are the first to be prepared by the Group using policies in accordance with IFRS as adopted by the EU. The comparative figures have been prepared on the same basis and have therefore been restated from those previously prepared under UK GAAP. In preparing these interim financial statements, the Group has started from an opening balance sheet as at 1 January 2006, the date of the Group's transition to IFRS. It has made those changes in accounting policies and other restatements as required by IFRS 1, for the first time adoption of IFRS. The provisions of IFRS 1 allow first time adopters certain exemptions from the general requirements to apply IFRS retrospectively in determining the open balance sheet at the date of transition. The Group has taken the following exemption: Goodwill and business combinations The Group has elected not to apply IFRS 3 "Business Combinations" retrospectively to transactions that took place prior to the transition date. Consequently, goodwill arising on business combinations before transition date remains at its previous UK GAAP carrying value as at the date of transition. The principal impact of IFRS on these financial statements has been in relation to the following: Amortisation of goodwill arising on consolidation has been adjusted to reflect the carrying value of goodwill at 1 January 2006 (the date of transition). A charge relating to provision for holiday pay is shown under administrative costs. The reconciliation between UK GAAP and IFRS for the Group's income statements for the periods ended 30 June 2006 and the year ended 31 December 2006 and the total equity and balance sheets as at 1 January 2006 (the date of transition), 30 June 2006 and 31 December 2006 are shown below: Reconciliation of loss for the period ended 30 June 2006 and the year ended 31 December 2006 Unaudited 6 months ended Year ended 31 30 June 06 December 2006 £ £ Loss after tax under UK GAAP (620,957) (871,164) Amortisation adjustment 184,267 369,993 Holiday pay accrual (21,813) (8,635) Loss after tax under IFRS (458,503) (509,806) Reconciliation of income statement for the six months ended 30 June 2006 IFRS UK GAAP effect IFRS £ £ £ Revenue 1,829,889 - 1,829,889 Cost of sales (1,350,928) - (1,350,928) Gross profit 478,961 - 478,961 Administrative costs (990,236) 162,454 (827,782) Other operating income 750 - 750 Operating loss (510,525) 162,454 (348,071) Exceptional item (110,122) - (110,122) Operating loss after exceptional item (620,647) 162,454 (458,193) Finance income 1,025 - 1,025 Finance charges (1,335) - (1,335) Loss before taxation (620,957) 162,454 (458,503) Taxation - - - Loss for the period (620,957) 162,454 (458,503) Reconciliation of income statement for the year ended 31 December 2006 IFRS UK GAAP effect IFRS £ £ £ Revenue 3,553,988 - 3,553,988 Cost of sales (2,475,372) - (2,475,372) Gross profit 1,078,616 - 1,078,616 Administrative costs (1,761,000) 361,358 (1,399,642) Other operating income 1,000 - 1,000 Operating loss (681,384) 361,358 (320,026) Exceptional item (116,690) - (116,690) Operating loss after exceptional item (798,074) 361,358 (436,716) Finance income 3,341 - 3,341 Finance charges (53,213) - (53,213) Loss before taxation (847,946) 361,358 (486,588) Taxation (23,356) - (23,356) Loss for the period (871,302) 361,358 (509,944) Minority interest 138 - 138 Loss attributable to members of the parent company (871,164) 361,358 (509,806) Reconciliation of equity as at 1 January 2006 (date of transition), 30 June 2006 and 31 December 2006 Unaudited 6 months Year ended 1 ended 30 Year ended 31 January 2006 June 06 December 2006 £ £ £ Total equity under UK GAAP 7,433,248 7,112,291 6,861,946 Holiday pay accrual (6,303) (28,116) (14,938) Amortisation adjustment - 184,267 369,993 Total equity under IFRS 7,426,945 7,268,442 7,217,001 Reconciliation of balance sheet presentation at 1 January 2006 (Date of transition to IFRS) UK GAAP IFRS effect IFRS £ £ £ Non current assets Goodwill and intangible assets 7,731,727 - 7,731,727 Property plant and equipment 209,437 - 209,437 Deferred tax asset 335,178 - 335,178 8,276,342 - 8,276,342 Current assets Inventories 16,600 - 16,600 Trade and other receivables 566,304 - 566,304 Cash and cash equivalents 492,989 - 492,989 1,075,893 - 1,075,893 Total assets 9,352,235 - 9,352,235 Current liabilities Trade and other payables (718,494) (6,303) (724,797) Deferred income (1,117,851) - (1,117,851) Financial liabilities (82,642) - (82,642) (1,918,987) (6,303) (1,925,290) Non current liabilities - - - Total liabilities (1,918,987) (6,303) (1,925,290) Net assets 7,433,248 (6,303) 7,426,945 Capital and reserves Called up share capital 1,787,834 - 1,787,834 Share premium 6,462,415 - 6,462,415 Profit and loss account (958,318) (6,303) (964,621) Equity shareholders' funds 7,291,931 (6,303) 7,285,628 Minority interests 141,317 141,317 Total equity 7,433,248 (6,303) 7,426,945 Reconciliation of balance sheet presentation at 30 June 2006 IFRS UK GAAP effect IFRS £ £ £ Non current assets Goodwill and intangible assets 7,547,460 184,267 7,731,727 Property plant and equipment 168,780 - 168,780 Deferred tax asset 335,177 - 335,177 8,051,417 184,267 8,235,684 Current assets Inventories 10,203 - 10,203 Trade and other receivables 738,103 - 738,103 748,306 - 748,306 Total assets 8,799,723 184,267 8,983,990 Current liabilities Trade and other payables (788,154) (28,116) (816,270) Deferred income (716,016) - (716,016) Financial liabilities (183,262) - (183,262) (1,687,432) (28,116) (1,715,548) Non current liabilities - - - Total liabilities (1,687,432) (28,116) (1,715,548) Net assets 7,112,291 156,151 7,268,442 Capital and reserves Called up share capital 2,087,834 - 2,087,834 Share premium 6,462,415 - 6,462,415 Profit and loss account (1,579,275) 156,151 (1,423,124) Equity shareholders' funds 6,970,974 156,151 7,127,125 Minority interests 141,317 141,317 Total equity 7,112,291 156,151 7,268,442 Reconciliation of balance sheet presentation at 31 December 2006 IFRS UK GAAP effect IFRS £ £ £ Non current assets Goodwill and intangible assets 7,381,544 369,993 7,751,537 Property plant and equipment 117,370 - 117,370 Deferred tax asset 371,053 - 371,053 7,869,967 369,993 8,239,960 Current assets Trade and other receivables 1,036,367 - 1,036,367 Cash and cash equivalents 1,605 - 1,605 1,037,972 - 1,037,972 Total assets 8,907,939 369,993 9,277,932 Current liabilities Trade and other payables (1,094,876) (14,938) (1,109,814) Deferred income (694,717) - (694,717) Financial liabilities (111,034) - (111,034) Current tax liabilities (64,699) - (64,699) (1,965,326) (14,938) (1,980,264) Non current liabilities Financial liabilities (80,667) - (80,667) Total liabilities (2,045,993) (14,938) (2,060,931) Net assets 6,861,946 355,055 7,217,001 Capital and reserves Called up share capital 2,087,834 - 2,087,834 Share premium 6,462,415 - 6,462,415 Profit and loss account (1,829,482) 355,055 (1,474,427) Equity shareholders' funds 6,720,767 355,055 7,075,822 Minority interests 141,179 - 141,179 Total equity 6,861,946 355,055 7,217,001 The interim statement will be posted to shareholders and will be available from the Company's Registered Office: Centrom House, 16 Church Road, Fleet, Hampshire GU51 3RH and from the Company's website www.centrom.com ---END OF MESSAGE---


 

Collaboration focuses on development and global commercialization of a molecular diagnostic test for the early detection of colorectal cancer * Abbott obtains non-exclusive worldwide rights to Epigenomics' proprietary DNA methylation biomarker Septin 9 * Anticipate European market launch in 2009; filing for U.S. approval in 2010 * Epigenomics to receive an up-front fee, milestone payments and royalties * Option to expand partnership on multiple Epigenomics biomarkers to other cancer indications Berlin, Germany, and Seattle, WA, USA, September 26, 2007 - Epigenomics AG (Frankfurt Prime Standard: ECX; ISIN: DE000A0BVT96) has signed today a non-exclusive strategic collaboration and license agreement in molecular diagnostics with Abbott, a global healthcare company. Under the agreement, Abbott and Epigenomics intend to develop an in vitro diagnostic blood test for the early detection of colorectal cancer based on Epigenomics' proprietary DNA methylation biomarker Septin 9. The companies anticipate launching a CE-marked test in Europe in 2009 followed by regulatory filing for U.S. approval in 2010. Under the terms of the agreement, Epigenomics will receive an up-front fee, milestone payments and royalties on product sales. The agreement also contains provisions for the evaluation by Abbott of some of Epigenomics' other proprietary biomarkers for additional cancer indications. End of Ad hoc "We are very excited about the agreed partnership with Abbott, one of the global industry leaders in molecular diagnostics. This agreement is an important step towards the commercialization of our key value driver, the blood-based colorectal cancer test. It validates the clinical utility and the commercial attractiveness of this test as well as our revised non-exclusive partnering strategy and creates a potential route to market for our entire early cancer detection franchise," commented Geert Nygaard, Chief Executive Officer of Epigenomics. The colorectal cancer test will represent the first cancer diagnostic in the growing menu of assays on Abbott's automated m2000 instrument, which is gaining strong acceptance in molecular diagnostics laboratories throughout the world. Abbott will conduct clinical trials and seek regulatory approval worldwide. Conference Call The management of Epigenomics will host a conference call at 9 am EST / 3 pm CET today to provide further details and answer questions by investors, analysts, and media. The dial-in numbers for the conference call are: Dial-in number (within Germany): +49 (0) 6958 999 0805 Dial-in number (US and outside Germany): +1-480-293-1744 Participants are kindly requested to dial in 10 minutes prior to the start of the call. A recording of the conference call will be provided on Epigenomics' website subsequently: http://www.epigenomics.com/en/down_loads/corporate_material/ About Colorectal Cancer Testing and the Septin 9 Biomarker Colorectal cancer is the second leading cause of cancer related death. With a cure rate of over 90 percent if diagnosed in early stages, early detection through testing would be valuable. This type of test targets almost 300 million people in Europe, the U.S., and Japan, a market that, in our opinion, is worth more than USD 3 billion in total. The gold standard screening test is colonoscopy, an invasive procedure, whereby the physician visually inspects the inside of the colon. This procedure, which has excellent specificity and sensitivity characteristics, not only identifies cancer but also pre-cancerous lesions known as adenomas. Due to the nature of this procedure and its high cost, it is not widely used at short intervals. A non-invasive first-line test therefore would be useful to screen individuals at risk so that they then undergo colonoscopy. Currently, most non-invasive screening is carried out with the fecal occult blood testing (FOBT) procedure using stool samples. However, due to the inconvenient nature of the test, the compliance rate is comparatively low (approximately 16 percent in the United States). The introduction of a more convenient, patient-friendly test could potentially increase the number of individuals tested. If positive, the patients would be followed up by colonoscopy. This could increase the chances of the disease being caught early with the goal of reducing mortality from colorectal cancer. Epigenomics' technology sensitively detects DNA based on specific DNA methylation patterns in blood plasma samples or other body fluids. The Septin 9 gene encodes a protein involved in cell division and is thought to play a role in the onset of cancer. Epigenomics has demonstrated in multiple clinical case control studies with about 3,000 blood plasma samples from colorectal cancer patients, healthy controls, and patients with non-cancerous colon diseases that methylated DNA of Septin 9 shed by tumors into the blood stream can serve as a biomarker for the sensitive and specific detection of colorectal cancer. About DNA methylation DNA methylation is a tightly controlled biological process that fundamentally affects gene expression and genome stability. Cytosine, one of the four bases in DNA, can be modified by the covalent addition of a methyl group. DNA methylation in gene regulatory regions (i.e. gene promoters) helps control gene activity. Every cell type has its unique DNA methylation "fingerprint" that changes in various normal biological processes and in many diseases, in particular cancer. In our opinion, DNA methylation thus provides a rich source for highly specific biomarkers for organ-specific disease diagnosis, classification and prediction for therapeutic intervention. About Epigenomics AG Epigenomics is a molecular diagnostics company with a focus on the development of novel products for cancer. Using DNA methylation biomarkers, Epigenomics' tests can potentially diagnose cancer at an early stage and help guide physicians to select an appropriate therapy. Epigenomics' defined business strategy covers two complementary core business areas: The company develops diagnostic screening tests for the early detection of cancer. Based on body fluid samples (e.g. blood and urine), these tests are aimed at finding cancer at an early stage before symptoms occur. Epigenomics' product pipeline contains a validated biomarker panel for the early detection of colorectal cancer in blood plasma, and further proprietary DNA methylation biomarkers at various stages of development for prostate and lung cancer detection in body fluids. Epigenomics aims at giving patients and doctors early access to these biomarkers through reference laboratory testing services. For development and global commercialization as in vitro diagnostic test kits, Epigenomics pursues a non-exclusive partnering strategy with diagnostics industry players. As a second core business area, Epigenomics develops specialty diagnostics for individuals at high risk for cancer and cancer patients. These tests include surveillance applications of our colorectal cancer biomarkers and a tissue-based prognostic cancer molecular classification test for prostate cancer patients. Our tissue-based prostate cancer application is developed in strategic partnerships with Qiagen (pre-analytics) and Affymetrix (diagnostic device platform). The biomarkers for cancer specialty diagnostic applications will be made available through testing services in centralized reference laboratories. Epigenomics retains the flexibility to decide on further commercialization as in vitro diagnostic test kits in Europe. Pharma, diagnostics and biotech partners can access Epigenomics' portfolio of proprietary DNA methylation technologies and biomarkers protected by more than 190 patent families (granted patents and patent applications) through Biomarker Services, IVD Development Collaborations, and Licensing. The company is headquartered in Berlin, Germany, and has a wholly owned subsidiary in Seattle, WA, USA. For more information, please visit Epigenomics' website at www.epigenomics.com. ### Epigenomics' Disclaimer This communication expressly or implicitly contains certain forward-looking statements concerning Epigenomics AG and its business. Such statements involve certain known and unknown risks, uncertainties and other factors which could cause the actual results, financial condition, performance or achievements of Epigenomics AG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Epigenomics AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. Contact Epigenomics AG VP Corporate Communications Dr. Achim Plum Kleine Praesidentenstr. 1 10178 Berlin Germany +49 30 24345 368 (phone) + 49 30 24345 555 (fax) ir@epigenomics.com www.epigenomics.com --- End of Message --- Epigenomics AG Kleine Präsidentenstr.1 Berlin Germany WKN: A0BVT9; ISIN: DE000A0BVT96; Index: CDAX, Prime All Share, TECH All Share; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart;


 

MorphoSys AG (Frankfurt Stock Exchange: MOR; Prime Standard Segment) announced today that the U.S. Patent & Trademark Office has granted a fifth U.S. patent stemming from MorphoSys's base HuCAL (Human Combinatorial Antibody Library) patent family, providing extended protection to MorphoSys's core technology. The new patent (US 7,264,963) captures HuCAL's modular design at the DNA level, providing solid product claim protection in the U.S. MorphoSys' HuCAL libraries comprise highly diverse, fully human synthetic antibodies that are highly engineerable through their modular CDR design. Its most advanced marketed version, HuCAL GOLD, in combination with MorphoSys's proprietary phage display technology, CysDisplay®, provide rapid access to fully human antibodies as research tools, diagnostics and therapeutics. A first HuCAL patent, which is now complemented by the new patent, was issued by the U.S. Patent Office in 2001. HuCAL patents have been granted in the United States, in Australia and at the European Patent Office. To date, MorphoSys has had more than fifteen granted patents and has more than 40 applications pending worldwide. "This new patent provides us with another solid layer of protection of our proprietary core technology, HuCAL, in the United States, a further example of the pioneering nature of HuCAL. We will carry on with this process, continuing to build a strong intellectual property portfolio around HuCAL and our other antibody-related technologies," commented Dr. Simon Moroney, Chief Executive Officer of MorphoSys AG. HuCAL® and HuCAL GOLD® are registered trademarks of MorphoSys AG For further information please contact: Dr. Claudia Gutjahr-Löser, Head of Corporate Communications, Tel: +49 (0) 89 / 899 27-122, gutjahr-loeser@morphosys.com or Mario Brkulj, Manager Public Relations, Tel: +49 (0) 89 / 899 27-454, brkulj@morphosys.com About MorphoSys: MorphoSys is a publicly traded biotechnology company focused on the generation of fully human antibodies as a means to discover and develop innovative antibody-based drugs against life-threatening diseases. MorphoSys's goal is to establish HuCAL as the technology of choice for antibody generation in research, diagnostics and therapeutic applications. The Company currently has therapeutic and research alliances with the majority of the world's largest pharmaceutical companies including Bayer-Schering, Boehringer Ingelheim, Centocor/Johnson & Johnson, Novartis, Pfizer and Roche. Within these partnerships, more than 40 therapeutic antibody programs are ongoing in which MorphoSys participates through exclusive license and milestones payments as well as royalties on any end products. Additionally, MorphoSys is active in the antibody research market through its AbD Serotec business unit. The business unit has operations in Germany (Munich), the U.S. (Raleigh, NC) and U.K. (Oxford). For further information please visit http://www.morphosys.com/ This communication contains certain forward-looking statements concerning the MorphoSys group of companies. The forward-looking statements contained herein represent the judgment of MorphoSys as of the date of this release and involve risks and uncertainties. Should actual conditions differ from the Company's assumptions, actual results and actions may differ from those anticipated. MorphoSys does not intend to update any of these forward-looking statements as far as the wording of the relevant press release is concerned.


 

STOCKHOLM, Sweden, September 26, 2007. Swedish MPA gives go ahead for the clinical trial of Affibody's molecular imaging agent designed to improve the diagnosis of HER2-positive breast cancer. Affibody Holding AB ("Affibody" or "the Company"), the Swedish biotech company focused on molecular imaging and targeted cancer treatments, has received a letter from the Swedish Medical Product Agency (MPA) allowing it to begin an exploratory clinical trial of a new approach for diagnosing an aggressive form of breast cancer. The approach, which is based on the Company's lead proprietary targeting Affibody® molecule, is designed to allow clinicians both to identify and locate breast cancer tumors over-expressing the cell membrane protein HER2. In the USA and Europe it is estimated that more than 550 000 women are diagnosed with breast cancer every year, of which approximately 25% of these, predominantly younger women, have the aggressive HER2-positive form. The new approach developed by Affibody is based on molecular imaging and is expected to offer clinicians a quick and efficient method for diagnosing HER2 positive breast cancer without the need for biopsies. Using nuclide-labeled Affibody® molecules that selectively bind only to HER2 on cancer tumors, and a scanning camera that can detect radioactivity, both the primary tumor and any metastases expressing the HER2 protein within the body can be visualized on a computer screen. The image, which is produced in less than 4 hours, will enable the clinician to rapidly identify, localize and assess the spread of the HER2-positive disease, if present. Affibody's approach, therefore delivers important disease-relevant information designed to help select the treatment most suitable for individual cancer patients. "Breast cancers that express HER2 require a different treatment to those that do not. Given the aggressive nature of HER2-positive breast cancer it is very important for clinicians and patients to be able to diagnose the presence of HER2-positive cancer rapidly and decisively. The approach developed by Affibody using molecular imaging should make it possible to rapidly diagnose HER2-positive metastases , without the need for biopsies, thereby helping determine the most appropriate treatment." said the principal investigator Dr. Henrik Lindman, MD, PhD and Head of Breast cancer unit, Oncology Department at Uppsala Academic Hospital. "The letter from the Swedish MPA allowing us to start the clinical development of Affibody's first molecular imaging agent is a major milestone for the Company. The trial we are about to begin will be the initial step in the development of what we believe will be a much improved diagnostic for this very aggressive form of breast cancer," said Dr. Ulf Boberg, head of Clinical Development and Business Development at Affibody. ### Enquiries: Affibody AB Erik Walldén, CEO +46 70 225 22 70 Ulf Boberg, SVP Clinical Development & Business Development +46 73 312 44 90 About Affibody AB Affibody is a Swedish biotech company focused on improving the treatment of cancer through a combination of molecular imaging and individualized targeted treatments. Affibody imaging and therapeutic products are based on the Company's proprietary Affibody® molecules. These small and robust high affinity protein molecules can be designed to bind to a large number of target proteins that play an important role in the diagnosis or treatment of cancer. Affibody® molecules are easily produced and are stable in a wide range of conditions. Affibody® molecules are well suited for molecular imaging and as the same Affibody® molecule could be charged with a cytotoxic payload, it can potentially also be used for targeted therapy. In addition to its pipeline of molecular imaging and targeted therapeutic products, Affibody is developing Affibody® molecules for various biotechnology applications in a number of commercial collaborations. Affibody was founded in 1998 by researchers from the Royal Institute of Technology and the Karolinska Institute and is based in Bromma outside Stockholm, Sweden. Current owners include the investment companies HealthCap, Investor Growth Capital and SV Life Sciences. Further information can be found at: www.affibody.com Statements in this press release that are not strictly historical may be forward-looking and include risks and uncertainties. Therefore, though based on Affibody's current expectations, it should be duly noted that a variety of factors could cause actual results and experiences to differ materially from what is herein expressed. Risks and uncertainties include, but are not limited to, risks associated with the management of growth and international operations (including effects of currency fluctuations), variability of operating results, unforeseen changes in the diagnostic and pharmaceutical markets, market competition, rapid or unexpected changes in technologies, fluctuations in product demand, difficulties to successfully develop, adapt, produce or commercialize products, the ability to identify and develop new products and to differentiate products from those of competitors, as well as various legal hazards.


 

LOS ANGELES, CA--(Marketwire - September 25, 2007) - ContentGuard Inc. today announced that Zinio, a leading digital publishing and distribution platform for magazines and books, has extended its agreement to license ContentGuard's Digital Rights Management software and patent portfolio. This license gives Zinio access to valuable software and intellectual property developed by ContentGuard, enabling Zinio to securely deliver digital content for their customers. "Having the ability to deliver our clients' content securely is essential for Zinio," stated Rich Maggiotto, President and CEO. "The ContentGuard technology enables us to protect our clients content as it is distributed digitally to their subscribers." "For the past five years, we have provided Zinio with access to technologies that has allowed them to deliver more than 75 million digital publications to readers on behalf of 250 publishers," stated Dr. Robert Logan, CEO, ContentGuard. "Zinio is an industry leader in enabling new business models for the digital distribution of content. We are pleased that they have chosen to continue to use ContentGuard's technology to grow their business," Logan added. ABOUT CONTENTGUARD ContentGuard develops and licenses the premier patent portfolio in digital rights management (DRM) technology. The Company's portfolio is comprised of over 160 issued patents and over 300 pending applications worldwide. ContentGuard has developed strong relationships with companies that facilitate the seamless movement of digital content across devices, maintaining the rights of content owners and meeting the needs of consumers. ContentGuard's major shareholders are Microsoft Corporation, Thomson, and Time Warner, Inc. For more information about ContentGuard and its DRM technology please visit http://www.contentguard.com. ABOUT ZINIO LLC Zinio is the marketplace leader for digital publishing products and services. Zinio provides publishers with new circulation and revenue growth opportunities through easy, turnkey solutions and complete circulation, production and fulfillment services. Zinio's major publishing partners include Mariah Media, Hearst, IDG, McGraw-Hill, Primedia, Hachette Filipacchi, Playboy Enterprises, Rogers Publishing, Transcontinental Media, World Publications, and Ziff Davis. Zinio's technology and distribution partners include Acer, Adobe, Havas Media, IBM/Lenovo, M2 Media Group. Zinio has offices in San Francisco and New York with several franchisees worldwide. For more information, or to purchase any of the digital titles offered by Zinio, visit www.zinio.com, www.textbooks.zinio.com, or www.zinio.com/global for international publications. Media Contact for ContentGuard: Pam Golden Loder Golden Loder Associates 908-889-8300 x122 pgloder@goldenloder.com


 

ZURICH, SWITZERLAND--(Marketwire - September 25, 2007) - Record rainfall and heat have played havoc with European companies' profits this year. While the weather can't be changed, the financial risks associated with it can be managed, thanks to weather risk management tools. Find out what these tools are and how companies are using them at The Weather Risk Management Association (WRMA) European Meeting, to be held 3-5 October 2007 at the Swiss Re Centre for Global Dialogue in Rüschlikon, Switzerland. Leading weather risk experts will share their insights on the vital issues impacting the weather risk market today. These issues include: -- How natural gas companies are managing weather exposure -- The odds for a reoccurrence of extreme warm weather in Europe -- What drivers are influencing weather derivatives in Europe -- The latest development in index-based weather covers -- The new European initiatives dedicated to weather risk management Companies and organizations participating in this year's meeting include MeteoSchweiz, Sarmap, World Meteorological Association, Swiss Re, the Chicago Mercantile Exchange, Powernext, Merrill Lynch, Storm Exchange, Centrica, New Carbon Finance, IXIS, Galileo Weather Risk Management, Paris Re, Willis Re, CUMULUS Weather Fund, Coriolis Capital, and METNEXT. In addition, the meeting offers a number of networking opportunities for attendees. More information about the meeting, including registration, is at www.wrma.org. Press and analyst passes are available for this conference. To register for a press pass, please contact Hope Mathis in Washington, DC at +1 202-289-3800 or hmathis@kellencompany.com. About the Weather Risk Management Association Founded in 1999 by some of the leading companies in the industry, the Weather Risk Management Association (WRMA) is an international trade organization dedicated to promoting the industry, both to those within it and to end-users. The industry began in 1997, offering companies the opportunity to control their financial exposure to weather conditions. As a part of its mission, WRMA initiates surveys of the industry, advocates the standardization of contracts and other documentation used for transactions and sponsors forums and conferences around the world for members to meet and discuss a range of topics, such as international markets, data collection issues, and tax and legal matters. Contacts: Valerie Cooper WRMA Executive Director, in Washington, DC +1 202-289-3800 vcooper@kellencompany.com Shirley S. Savage WRMA PR rep +1 207-829-2020 (office) +1 207-329-3304 (mobile) ssavage@maine.rr.com


 

ATLANTA, GEORGIA--(Marketwire - September 25, 2007) - NBAA -- Today, CAE (TSX: CAE)(NYSE: CGT) and Bombardier announced they will add a new Global Express aircraft full-flight simulator (FFS) to CAE's business aviation training network. This announcement follows CAE's appointment in June 2007 as Bombardier's Authorized Training Provider for the Global Express, Global 5000, and Global Express XRS aircraft programs. The new Global Express aircraft full-flight simulator will be deployed at Emirates-CAE Flight Training in Dubai, U.A.E., to address growing demand in the Middle East. It is scheduled to enter service by mid-2009. It is also part of CAE's broader business aviation training network expansion announced yesterday. Global aircraft training will continue to be offered at Bombardier's Montreal training centre and, as announced in June 2007, will be offered at CAE's Burgess Hill training centre in the U.K. starting in the spring of 2008. "The new training program will bring CAE's training network closer to the customer than ever before," said Jeff Roberts, CAE's Group President, Innovation and Civil Training & Services. "CAE will be ready to provide first-class training support, whether the demand is in North America, Europe, the Middle East or Asia." "CAE's business aviation network is the ideal complement to our Bombardier Training Centres in Montreal and Dallas," said Gary Scott, President, Bombardier Aircraft Services and New Commercial Aircraft Program. "The CAE network offers Bombardier customers more choice in more locations, with access to the same high- quality standardized training offered at our facilities in Montreal and Dallas." As part of the Authorized Training Provider agreement signed in June, CAE and Bombardier will collaborate to provide state-of-the- art training programs for pilots and maintenance crews that will include Bombardier's Original Equipment Manufacturer (OEM) courseware. The programs will also incorporate the latest simulation-based training methodologies, such as CAE Simfinity® tools. These programs will be delivered by both CAE and Bombardier to customers worldwide. Location of Challenger 300 aircraft full-flight simulator confirmed CAE and Bombardier have confirmed that the location for the Challenger 300 aircraft full-flight simulator announced last June will be CAE SimuFlite's North East Training Centre (NETC) in Morristown, New Jersey. This Challenger 300 aircraft full-flight simulator is scheduled to enter service by the end of 2008. About Bombardier (TSX: BBD) A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com. Bombardier, Global Express XRS, Bombardier Global 5000 and Challenger 300 are trademarks of Bombardier Inc. or its subsidiaries. About CAE (TSX: CAE)(NYSE: CGT) CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1 billion, CAE employs more than 5,500 people at more than 75 sites and training locations in 19 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 24 aviation training centres, equipped with over 115 full-flight simulators, we train more than 50,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and have a professional services division assisting customers with a wide range of simulation-based needs. www.cae.com Contacts: Bombardier Aerospace Marc Duchesne Senior Advisor, Public Relations and Communications 514-855-7989 marc.duchesne@aero.bombardier.com CAE Nathalie Bourque Vice President, Public Affairs and Global Communications 514-734-5788 nathalie.bourque@cae.com Investor relations: Andrew Arnovitz Vice President, Investor Relations and Strategy 514-734-5760 andrew.arnovitz@cae.com


 

TietoEnator Corporation Stock Exchange announcement 25.9.2007 In the Helsinki Stock Exchange Trade date 25.9.2007 Bourse trade BUY Share TIE1V Amount 45.000 Shares Total cost 712.836,56 EUR Average price/share 15,8408 EUR Highest price/share 16,15 EUR Lowest price/share 15,65 EUR TietoEnator Corporation now holds a total of 2.161.650 TIE1V shares including the shares repurchased on 25.9.2007 On behalf of TietoEnator Corporation NORDEA BANK FINLAND PLC Petri Simberg Jarkko Järvinen


 

Fultec's P-series Devices Offer 10X Better Protection and Lower Cost Than Conventional Protection MOUNTAIN VIEW, CA--(Marketwire - September 25, 2007) - Fultec, the leading supplier of semiconductor circuit protection devices used to block electrical surges from damaging communication equipment, has announced the introduction of the P-series of Transient Blocking Unit (TBU) devices. Leading broadband equipment manufacturers are using Fultec devices to protect VoIP telephone ports on indoor cable and DSL modems/gateways and on outdoor ONTs, ONUs and iNIDs to keep their communications equipment up and running and to prevent customer churn. The P-series devices are designed specifically to meet the surge requirements of internationally recognized telecommunications standards. The P500 devices exceed the requirements of Telcordia GR-1089 Port Type 4, typically intended for the North American marketplace. The devices are packaged in small 6mm by 4mm DFN packages designed to minimize the use of printed circuit board space. The P850 devices, in addition to meeting the Telcordia specification, also exceed the requirements found in the international standards ITU-T K.21 and K.21 enhanced. "We continue to expand our product line to serve the growing need for circuit protection that protects communications equipment by quickly blocking destructive surges that regularly occur on communication lines," said Paul Wiener, vice president of sales at Fultec. "Circuit protection devices are playing a more critical role as the electronic chipsets of Triple-Play communications networks become smaller and more sensitive. In addition to cost savings, test results show the P-series devices offer 10X better protection, reducing both truck rolls and customer churn for the service provider." Samples of the P-series devices are available immediately. Production volume leadtime is 4-6 weeks. Fultec TBU devices are lead-free and RoHS compliant. About Fultec Fultec Semiconductor is the inventor of the Transient Blocking Unit (TBU) used to prevent damage to sensitive electronic circuits. The TBU is a small, integrated semiconductor component that delivers simple, superior circuit protection for both over-current and over-voltage surge events. TBU devices have been protecting communications interfaces since 2002. For more information, visit the Fultec website at www.fultec.com. This press release may contain forward-looking statements that are based upon management's current expectations and involve risks and uncertainties. Forward-looking statements are based upon information available to us as of the date of this press release and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release. Actual results and the timing of events could differ materially from current expectations. For additional information contact: Paul Wiener Fultec Semiconductor 650-230-2510 paul.wiener@fultec.com


 
Hitt og þetta
25. september 2007

Final Results

DOWNING PROTECTED VCT I PLC PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 30 JUNE 2007 FINANCIAL HIGHLIGHTS Year Year (All "pence per share") Ended Ended 30 Jun 07 30 Jun 06 Total distributions paid during the year 3.50 14.50 Net asset value per share 111.70 108.30 Total distributions since inception 44.65 41.15 Total return 156.35 149.45 CHAIRMAN'S STATEMENT Following the disposal of many of the Company's more mature investments in previous periods, for the year ended 30 June 2007 there has been a greater focus on making new investments. Net Asset Value At 30 June 2007, the Company's Net Asset Value per share ("NAV") stood at 111.7p per share. This represents an increase of 6.9p per share against the NAV at 30 June 2006 (after adjusting for the dividends paid during the year), equivalent to a rise of 6.4%. The Company's Total Return (NAV plus cumulative dividends paid to date) now stands at 156.35p per share compared to an original investment, net of income tax relief, at the Company's outset of 80p per share. New Director I am pleased to report that Edward Buchan joined the Board as an additional independent non-executive director on 4 June 2007. Edward has extensive experience in the area of corporate finance. I believe he will be a valuable addition to the Board, which now comprises four non-executive directors and, in enhancing the independence of the Board, is more closely in line with the current trends in Corporate Governance. Investments and Investment Management At the year end, the Board and Investment Manager undertook a review of the valuations of the investments. In the case of the investments in businesses in the care home sector, the valuations have been based on an estimated net asset basis using either Director's valuations of the care home or third party offers received for the businesses. In the case of other investments which have been held for more than one year, an estimated net asset basis has been used. Investments held for less than one year have been valued at costs. The Board concluded that just two investments required an adjustment to their valuation. The investment in Kimbolton Lodge Limited was revalued upwards by £170,000 on the back of the company's solid trading performance and the investment in Downing (Pirbright Road) Limited was revalued upwards by £100,000, recognising some of the value created by converting a residential house into a fully operational care home. At 30 June 2007, the portfolio therefore comprised 13 investments with a total value at £8.9 million. . Results and Dividend The return on ordinary activities after taxation was £572,000 (2006: £976,000) comprising revenue return of £324,000 and a capital return of £248,000. Your Board is proposing to pay a final dividend of 3.5p per share, which, subject to shareholder approval, will be paid on 7 December 2007 to Shareholders on the register at 26 October 2007. This will result in dividends for the year totalling 5.0p per share (comprising of 3.5p revenue and 1.5p capital) (2006: 10.0p per share). The payment of this dividend will bring total distributions to Shareholders since the Company's launch to 48.15 p per share. Share buybacks Your Board continues to monitor the market in the Company's shares and, in order to ensure liquidity for Shareholders, the Company has a policy of purchasing its own shares when any become available when it is not restricted from doing so. A special resolution to allow the Company to continue with this policy is proposed for the forthcoming AGM During the year the Board used this power to repurchase 177,484 shares for an average consideration of 96.1p per share. Shareholders should be aware that those who deferred a capital gain by investing in this VCT will crystallise the gain when or if they sell their shares. Therefore any Shareholders considering selling their holding are recommended to take advice from their financial adviser prior to making any investment decision. Future of the Company It is now five years since Shareholders voted for the Company to continue as a VCT. In accordance with Article 175 of the Company's Articles of Association, a resolution will again be put to Shareholders as to whether the Company should continue for another five years. The Board has given consideration to options available for the future of the Company. The Board has been very satisfied with the Company's performance in recent years, in that it has been able to pay a significant level of dividends and also grown its net asset value per share. Additionally, the Board is conscious that winding up the Company will not be in the best interests of many shareholders, who will face a capital gains tax liability. The Board is, therefore, firmly of the opinion that the Company should continue as a VCT and recommend that Shareholders vote in favour of resolution 7 at the forthcoming Annual General Meeting. Annual General Meeting The eleventh AGM of the Company will be held at Kings Scholars House, 230 Vauxhall Bridge Road, London SW1V 1AU at 11 a.m. on 4 December 2007. Two items of special business will be proposed in respect of share buybacks and continuation as a VCT. Outlook The year to 30 June 2007 has seen another satisfying performance by your Company, with the NAV continuing to grow despite the fact that many of the Company's more mature investments have been sold in recent years. The Company's portfolio now includes businesses at varying levels of maturity so exits might be difficult to achieve in the short term. However, with most investments providing an ongoing yield, the Company should be able to maintain a reasonable dividend stream to Shareholders based on revenue earnings alone, while the investee companies mature and ultimately provide opportunities for further capital profits. Chris Kay Chairman INVESTMENT MANAGER'S REPORT Introduction It has been another reasonably active year for your Company's investment portfolio with two major new investments and one reorganisation of an existing investment. Disposals Investment disposals that were undertaken during the year are summarised as follows: Gain against Gain Date Cost Proceeds original cost in year £'000 £'000 £'000 £'000 £'000 Downing (Chertsey Road) Jul 06 1,000 1,476 476 26 Ltd Downing (Pirbright Road) Dec 06 893 1,000 107 - Ltd - Pref. Shares Sanguine Hospitality Ltd Feb 07 264 270 6 6 Sundry disposals - 25 25 25 2,157 2,771 614 57 Downing (Chertsey Road) Limited was sold to Bowman Care Homes Limited, another company in which the VCT has a significant interest. The transaction effectively allowed the VCT to crystallise the uplift to date on its investment by the use of gearing and to bring in a new investment partner. Trading at the special needs care home owned by the company has improved under the new management, however further improvement is still needed. Downing (Pirbright Road) Limited redeemed the VCT's investment in preference shares. These shares had been in place since the launch of the company (when it was known as Downing (Acacia House) Limited) and, as it no longer required the funds, the shares were redeemed at par. The VCT made an equity and loan stock investment in Sanguine Hospitality Limited in November 2006. The company is run by a small development team and is progressing a number of development opportunities. As part of a reorganisation to facilitate new financing arrangements, the loan stock element of the investment was repaid to the VCT in February 2007 and a proportion of the original equity investment was sold for a small uplift, leaving the VCT with a small equity-only holding and allowing it to participate in any development profits that the company achieves in the future. New Investments The new investments made during the year are summarised as follows: £'000 Bowman Care Homes July 06 800 Cadbury House Hotel and Country Club Oct 06 1,000 Heyford Homes (Thornton Hall) Limited Oct 06 177 Sanguine Hospitality Ltd Nov 06 270 Gatewales Ltd Mar 07 1,000 3,247 The Company made a loan stock investment of £1,000,000 in Cadbury House Hotel and Country Club Limited to fund the development of the Company's hotel near Bristol. Another investment of £1,000,000 was made in Gatewales Limited. The Company acquired the Gateway to Wales Hotel near Chester and is now in the process of developing the site. Early indications are that the development is progressing well. Existing investments Of the investments held throughout the year progress has generally been satisfactory. The care home for the elderly operated by Kimbolton Lodge Limited has continued to perform to target and that operated by Downing (Meadows) Limited, a little below target, with some areas where improvements can be made. The care home for people with special needs owned by Downing (Pirbright Road) Limited opened for business in July 2006 following conversion work. The home has capacity for six residents, although operated with two for an extended period during which time the home was loss-making. Recently the home has admitted a further two residents and a strong marketing push is continuing to ensure that the home is filled. Congress House Limited acquired a residential property in Farnborough for conversion into a care home for people with special needs. The building work has now been completed, coming in approximately on budget, and the home has recently been awarded registration. Marketing to potential residents is underway, with the home expected to formally open for business shortly. The pub in Burnley operated by Honeycombe Pubs VCT Limited was refurbished during the year and following its reopening is now operating to plan. The various contracting and development businesses in which the Company has investments (Heyford Homes VCT Limited, Downing Office Villages Contractor Limited and Heyford Homes (Thornton Hall) Limited) have all made satisfactory progress in their respective projects. Valuations We have reviewed the valuation of the investments at the year end and recommended to the Board that the investment in Kimbolton Lodge Limited be revalued upwards by £170,000 and the investment in Downing (Pirbright Road) Limited upwards by £100,000. We have concluded that each of the other investments is fairly valued at their previous carrying value, or cost in the case of the new investments. Investment Income The developments in the portfolio over the last two years have significantly improved the overall yield on the portfolio. Investment income for the year ended 30 June 2007 was £596,000 compared to £484,000 in the previous year. This level of income allows the Company to pay a reasonable dividend to Shareholders even in a year when realised capital profits have been limited. Conclusion We are satisfied with the developments that have taken place in the portfolio over the year and the progress that is being made generally. The Company is essentially fully invested at the current time so new investments are only likely to occur when realisations or part realisations are achieved. However, there is some flexibility within the portfolio that may allow cash to be raised, for example by refinancing within investee companies, such that the VCT may be able to participate in any particularly strong and suitable investment opportunities that arise. Downing Protected Managers I Limited INCOME STATEMENT For the year ended 30 June 2007 Year Year ended ended 30 June 30 June 2007 2006 Revenue Capital Total Revenue Capital Total £'000 £'000 £'000 £'000 £'000 £'000 Income 596 - 596 484 - 484 Gains on investments - 327 327 - 947 947 596 327 923 484 947 1,431 Investment management (23) (70) (93) (25) (70) (95) fees Management incentive (14) (43) (57) - (205) (205) fees Other expenses (135) - (135) (155) - (155) Return on ordinary activities 424 214 638 304 672 976 before tax Tax on ordinary (100) 34 (66) (75) 75 - activities Return attributable to equity 324 248 572 229 747 976 shareholders Return per share 3.8p 2.9p 6.7p 2.6p 8.5p 11.1p All Revenue and Capital items in the above statement derive from continuing operations. A Statement of Total Recognised Gains and Losses has not been prepared as all gains/losses are recognised in the Income Statement as noted above. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS Year ended Year ended 30 June 2007 30 June 2006 £'000 £'000 Opening shareholders' funds 9,314 9,880 Purchase of own shares (171) (264) Total recognised gains for the year 572 976 Distributions paid (300) (1,278) Closing shareholders' funds 9,415 9,314 BALANCE SHEET as at 30 June 2007 2007 2006 £'000 £'000 £'000 £'000 Fixed asset Investments 8,858 8,055 Current assets Debtors 122 262 Cash at bank and in hand 691 1,219 813 1,481 Creditors: amounts falling due within one (256) (222) year Net current assets 557 1,259 Net assets 9,415 9,314 Capital and reserves Called up share capital 4,213 4,302 Capital redemption reserve 693 604 Special reserve 2,875 3,045 Capital reserve - realised 406 - Capital reserve - unrealised 870 1,157 Revenue reserve 358 206 Total equity shareholders' funds 9,415 9,314 Net asset value per Ordinary share 111.7p 108.3p CASH FLOW STATEMENT for the year ended 30 June 2007 Year ended Year ended 30 June 30 June 2007 2006 £'000 £'000 Net cash inflow/(outflow) from operating 313 (93) activities Taxation Corporation tax received/(paid) 29 (14) Capital expenditure Purchase of investments (3,247) (1,635) Sale of investments 2,800 3,164 Net cash (outflow)/inflow from capital (447) 1,529 expenditure Equity dividends paid (300) (1,278) Net cash (outflow)/inflow before financing (405) 144 Financing Repurchase of shares (123) (241) Net cash outflow from financing (123) (241) Decrease in cash (528) (97) NOTES TO THE ACCOUNTS for the year ended 30 June 2007 Accounting policies Basis of accounting The Company has prepared its financial statements under UK Generally Accepted Accounting Practice ("UK GAAP") and in accordance with the Statement of Recommended Practice "Financial Statements of Investment Trust Companies" revised December 2005 ("SORP"). The financial statements are prepared under the historical cost convention except for the revaluation of certain financial instruments. Presentation of Income Statement In order to better reflect the activities of a Venture Capital Trust and in accordance with guidance issued by the Association of Investment Companies ("AIC"), supplementary information which analyses the income statement between items of a revenue and capital nature has been presented alongside the income statement. The net revenue is the measure the Directors believe appropriate in assessing the Company's compliance with certain requirements set out in Section 842 Income and Corporation Taxes Act 1988. Investments Unquoted investments are designated as "fair value through profit or loss" assets. The Directors establish the fair value of each investment by using an adjusted net asset valuation model, as they believe this best reflects the nature of the underlying investments and it is calculated in accordance with the International Private Equity and Venture Capital Valuation Guidelines. Where an investment has been held for less than one year, unless there are any indications to the contrary, fair value is assumed to be equal to the cost of the investment. The unrealised depreciation or appreciation arising on the valuation of investments and gains and losses arising on the disposal of investments are dealt with in the capital reserve. It is not the Company's policy to exercise significant influence over investee companies. Therefore the results of these companies are not incorporated into the income statement except to the extent of any income accrued. This is in accordance with the SORP that does not require portfolio investments to be accounted for using the equity method of accounting. Income Dividend income from equity shares is recognised when the shareholders' rights to receive payment has been established, normally the ex dividend date. Fixed returns on non-equity shares and on debt securities are accrued on a time apportionment basis, by reference to the principal sum outstanding and at the effective rate applicable and only where there is reasonable certainty of collection. Monitoring income is accrued net of VAT and only where there is reasonable certainty of collection. Expenses All expenses are accounted for on an accruals basis. In respect of the analysis between revenue and capital items presented within the income statement, all expenses have been presented as revenue items except as follows: Expenses which are incidental to the disposal of an investment are deducted from the disposal proceeds of the investment. Expenses are split and presented partly as capital items where a connection with the maintenance or enhancement of the value of the investments held can be demonstrated. The Company has adopted the policy of allocating investment manager's fees, 75% to the capital reserve and 25% to the revenue account as permitted by the SORP. The allocation is in line with the Board's expectation of long term returns from the Company's investments in the form of capital gains and income respectively. Deferred Taxation The tax effects on different items in the income statement are allocated between capital and revenue on the same basis as the particular item to which they relate using the Company's effective rate of tax for the accounting period. Due to the Company's status as a Venture Capital Trust and the continued intention to meet the conditions required to comply with Section 842AA of the Income and Corporation Taxes Act (1988), no provision for taxation is required in respect of any realised or unrealised appreciation of the Company's investments which arises. Deferred taxation is provided in full on timing differences that result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the accounts. Announcement based on draft accounts The financial information set out in the announcement does not constitute the Company's statutory accounts for the period ended 30 June 2007. The statutory accounts for the period ended 30 June 2007 will be finalised on the basis of the financial information presented by the directors in this preliminary announcement and will be delivered to the Registrar of Companies following the Company's Annual General Meeting. A copy of the full annual report and financial statements for the period ended 30 June 2007 will be printed and posted to shareholders. Copies will also be available to the public at the registered office of the Company at Kings Scholars House, 230 Vauxhall Bridge Road, London SW1V 1AU and available for download from www.downing.co.uk ---END OF MESSAGE---


 

Fredrik Jönsson, Senior Vice President Door & Logistics Solutions, will be leaving Cardo at his own request. Fredrik Jönsson will remain with the Company until mid-March. The process of change that the Group has begun will continue unchanged and the strategy of increased focus on complete solutions in the fields of industrial doors, docking systems and service will be maintained. Malmö, Sweden, September 25 2007 Cardo AB (publ) For further information, please contact: Peter Aru, President and CEO, tel +46 40 35 04 53 Maria Bergving, Senior Vice President Communications and Investor Relations, tel +46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com Cardo is an international industrial group with leading brands, offering solutions with quality products, a high level of service and great applications know-how to industrial customers. Operations are pursued in the Group's divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors, which all enjoy strong positions in their respective markets. The Group has approximately 5,900 employees in more than 30 countries and sales of approximately SEK 9 billion. Corporate headquarters are located in Malmö, Sweden.


 

Tveir lögmenn, þeir Ásbjörn Jónsson og Unnar Steinn Bjarndal, hafa sett á laggirnar umboðsskrifstofu fyrir íþróttamenn. Í tilkynningu kemur fram að þetta er fyrsta umboðsskrifstofan á þessu sviði sem tekur til starfa hér á landi. Umboðsskrifstofan, sem ber nafnið Prolex, hefur aðsetur í Reykjanesbæ.Prolex sérhæfir sig í að aðstoða íþróttafólk úr öllum íþróttagreinum við að komast í kynni við íþróttafélög, bæði erlendis sem innanlands, og beitir sér fyrir því að koma á samningum milli íþróttafólks og íþróttafélaga. Einnig notfæra íþróttafélög sér fjölbreytta þjónustu Prolex, á sviði íþróttalögfræði.


 

- Firm order for 20 Challenger 300 jets and options for an additional 60 aircraft - Largest single Challenger 300 jet order in Bombardier Business Aircraft history - New XOJET program confirms Challenger 300 jet as the superior super-midsize aircraft ATLANTA, GEORGIA--(Marketwire - September 25, 2007) - Bombardier Aerospace today announced the largest single Challenger 300 aircraft order in the company's history as XOJET, of San Carlos, California, placed a firm order for 20 super-midsize Challenger 300 jets, with options for an additional 60 aircraft. The transaction for the firm orders is valued at approximately $450 million U.S., based on the list price of typically equipped aircraft. The total value of the order, if all options are exercised will be approximately $1.9 billion U.S., based on the list price. Deliveries are scheduled to begin in the fourth quarter of fiscal year 2008. "This is a great day for Bombardier," noted Jahid Fazal-Karim, senior vice-president, sales, Bombardier Business Aircraft. "We know the Challenger 300 jet is at the top if its class. Following an extensive evaluation of aircraft in the same category, XOJET chose the Challenger 300 for its superior cabin comfort, reliability and performance. It is truly gratifying to have our customer, XOJET, share our excitement and invest such confidence in the Challenger 300 jet." XOJET, a fast-growing private aviation company, provides private jet ownership, leasing and on-demand travel solutions built especially for frequent business jet flyers. The company's strategy is to combine the service, access and exclusivity of owning a jet with the efficiencies and operational rigor of successful commercial airlines. With a fleet consisting entirely of super-midsize aircraft, XOJET intends to maximize the proven reliability, performance, flexibility, overall value and comfort of the Challenger 300 jet for its discerning clientele. "Bombardier's process for designing the Challenger 300 was without precedent. The result is one of the most popular business jets ever introduced," said Paul Touw, president and chief executive officer, XOJET. "Bombardier's intense customer focus mirrors XOJET's own approach. Our solutions deliver unprecedented levels of service and economics to our customers. Our joint dedication to quality and customer focus makes this a natural partnership." Challenger 300 jet - worldwide market leader The Challenger 300 business jet is the undisputed global leader in both deliveries and market share for the super-midsize segment, capturing 42 per cent of the total market share, and 56 per cent of deliveries worldwide in 2006. Since its entry into service in 2004, the Challenger 300 jet has earned high praise from customers for its ability to deliver outstanding mission completion. The aircraft has consistently demonstrated its performance capabilities - highlighted by five world record flights sanctioned by the National Aeronautic Association - and dispatch reliability over 99 percent. The Challenger 300 jet cabin is designed to provide a highly productive working environment for travelers, making it the transcontinental business aircraft of choice for decision makers. It is the only business jet to feature Lufthansa Technik's nice(TM) (networked integrated cabin equipment) - the digital, Ethernet-based cabin management (CMS) and in-flight entertainment (IFE) system. The aircraft's Mach 0.82 high-speed cruise capability offers the ability to cross the United States in five hours(i). The Challenger 300 jet's quick time-to-climb capability enables the aircraft to rise rapidly above both inclement weather and traffic, ensuring efficient corporate travel. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com. Note to editors (i) Under certain operating conditions. Bombardier, and Challenger 300 are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries. nice(TM) is a trademark of Lufthansa Technik. Contacts: Bombardier Business Aircraft Danielle Boudreau Mobile: 514-898-6386 danielle.boudreau@aero.bombardier.com www.aero.bombardier.com


 

PROVIDENCE RESOURCES P.l.c. INTERIM REPORT AND FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30 JUNE 2007 FINANCIAL HIGHLIGHTS * Implementation of IFRS; 2006 comparable numbers are now restated * Turnover at ¤880,000 (2006: ¤1,014,000) * Operating Loss of ¤142,000 (2006 as restated: Loss ¤399,000) * Net Loss of ¤258,000 (2006 as restated: Loss ¤437,000) * Institutional Placing of shares in April 2007 raised ¤25.7 million OPERATIONAL HIGHLIGHTS * Successful appraisal well at Hook Head logged 75 ft of net pay in the Celtic Sea (SEL 2/07) * Hook Head testing programme currently ongoing * Granted new Licensing Option 07/1, which is adjacent to the Hook Head Licence * Two new wells discovered and now producing at High Island A268 in Gulf of Mexico * Agreed acquisition of majority stake in the Singleton oilfield, onshore UK * Initial farm out and licensing of new seismic data over Spanish Point * Partial farm out of SEL 's 2/07 and 3/07 to Sosina, Dyas, Atlantic and Forest Gate * Extension of Licensing Option 05/3 over Apollo prospect in the St. George's Channel * Decision taken to drill Crosby in East Irish Sea Commenting on today's Interim Results, Tony O'Reilly Jnr., Chief Executive of Providence Resources P.l.c., said: "2007 has already seen a huge amount of successful activity, including the discovery and production from two new wells at High Island and increasing, to a majority stake, our holding in the Singleton oil field, which will enhance future revenue as we move to increase our daily production to our initial target of 2,000 BOEPD. "We have also recently commenced our testing programme at Hook Head, which is a major milestone for the Company as it successfully logged 75 ft of net pay and has a better than expected reservoir quality. Combined with the data that will be collated from the ongoing testing programme, these results now move us nearer to a development programme for Hook Head. The recent awarding of a new Licensing Option 07/1, adjacent to Hook Head, is a further step towards building our acreage position in this new hydrocarbon province. "Additionally, consistent with our stated objective to ensure that we have a balanced and diverse portfolio of production, development and exploration assets, the Company continues to advance its other various projects. These include Spanish Point, off the west coast of Ireland, AJE in Nigeria, Crosby in the East Irish Sea and the Irish exploration prospects at Dunquin, Goban Spur and in the St. Georges Channel. We also continue to look for new production opportunities in different territories and look forward to outlining further details over the coming months. "Noting all these elements, at a time of robust commodity prices, shareholders can look to the future with real confidence". The full Interim Report, Financial Statements and Company Outlook are set out below. Contacts: Providence Resources Plc Tel: +353 1 219 4074 Tony O'Reilly Jnr., Chief Executive Powerscourt Tel: +44 (0) 207 250 1446 Rory Godson/Elizabeth Rous Murray Consultants Tel: +353 1 498 0300 Pauline McAlester Notes to Editors About Providence Providence Resources Plc is an independent oil and gas exploration company listed on the AIM market in London and on Dublin's IEX market. The Company was founded in 1997, but with roots going back to 1981 when it predecessor company, Atlantic Resources Plc was formed by a group of investors led by Sir Anthony O'Reilly. Providence's active oil and gas portfolio includes interests in Ireland (offshore), the United Kingdom (onshore and offshore), the United States (offshore) and West Africa (offshore Nigeria). Providence's portfolio is balanced between production, appraisal and exploration assets, as well as being diversified geographically. Comprehensive information on Providence and its oil and gas portfolio, including all press releases, annual reports and interim reports are available from Providence's website at www.providenceresources.com PROVIDENCE RESOURCES P.l.c. INTERIM REPORT AND FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30 JUNE 2007 FINANCIAL Adoption of IFRS In line with Stock Exchange regulations, the Company is required to prepare its financial statements in accordance with new accounting policies under International Financial Reporting Standards ('IFRS'), with effect from January 1st, 2007. As explained in the notes to the financial statements (including the table that reconciles the Consolidated Balance Sheet from Irish GAAP to IFRS) on the accounting impact of the adoption of IFRS, the most significant changes that impact the transition are the expensing of non-licence interests, the expensing of the warrants issued to Macquarie in the first half of 2006 and the write-down of past drilling costs. Financial Results for the Half-Year Turnover for the six month period to 30 June 2007 of ¤880,000 from the Company's 20% interest in the Singleton oil field was down due to a lower average oil price in the first half of the year, allied to weakness in the US Dollar. The Company's 20% share of oil production in the first half of 2007 averaged 102 barrels of oil per day (BOPD) at an average price of $63.15 (HI 2006: 105 BOPD at an average price of $65.69). The Company recorded an operating loss of ¤142,000 for the first 6 months (2006 as restated: Loss ¤399,000). The loss for the financial period was ¤258,000 (HI 2006 as restated: Loss ¤437,000). With the oversubscribed institutional share placing of 368.2 million new ordinary shares at euro 7 cents raising ¤25.774 million in April 2007, the balance sheet at the half year was strengthened in advance of the Hook Head drilling Programme. Cash resources were ¤ 23.417 million, with no debt drawn from available financing facilities. PRODUCTION Acquisition of Majority Stake in Singleton, Onshore UK The Company's current strategy to increase production to an initial target of 2,000 barrels of oil equivalent per day (BOEPD) took a big step forward in the first half of 2007. In April, your Company announced that it had reached agreement to acquire the majority stake (79.125%) of the Singleton field, where your Company has previously held a 20% stake for the past 17 years. This acquisition is a key stepping stone for the Company to achieve its production objectives and should initially contribute to Providence, on a projected annualised basis, over 600 BOEPD*. Further optimisation opportunities, including monetising some of the associated gas production that is currently being flared, will also yield opportunities for increased production volumes, as will the deployment of enhanced oil recovery techniques. (*including associated gas production) High Island A268, Offshore Gulf of Mexico Through its affiliation with a private industry grouping in the United States who identify, procure and execute production and near production opportunities, your Company became involved in High Island A268 in the Gulf of Mexico, by taking a 5% share in December 2006. With an initial well drilled in January 2007, and a follow on well drilled in July 2007, the High Island A268 gas field has now been successfully developed and 2 commercial gas wells are now in production. Projected to produce up to 150 BOEPD**, these production wells were brought on stream within 8 months from the initial discovery, clearly demonstrating the benefits of fast track developments in the Gulf of Mexico. New Production Opportunities In addition to looking to increase production from Singleton and High Island A268, your Company continues to evaluate a number of other production opportunities, both in existing areas of operation in the United Kingdom and the Gulf of Mexico, but also in new geographic areas. Further news flow is expected in the coming months on this. Importantly, with existing resources and the ¤50 million Macquarie Revolving Credit Facility in place, your Company has the financial capability to invest in appropriate development and production opportunities as they arise. DRILLING Hook Head Drilling On September 10th, your Company announced that it had logged 75 ft of net pay at its Hook Head appraisal well. The important announcement confirmed that all geological horizons were encountered within the pre-drill depth prognosis and significant oil and gas shows were encountered. The Company confirmed that, based on these results, the partners elected to immediately move to a testing programme. This testing programme is currently ongoing and a further announcement will be made on completion. Outline 2008 Drilling Looking further ahead, your Company is already actively planning for further drilling in 2008. The biggest issue, as it is for all oil and gas E&P companies, is the securing of drilling vessels and this is no different for Providence. Obviously, the testing results from Hook Head will influence future drilling decisions in the Celtic Sea, but the Company is already examining opportunities to secure drilling vessels for a multi-well development drilling programme for 2008. Off the west coast of Ireland, your Company is seeking to secure, from the market, a drilling vessel capable of appraisal drilling at Spanish Point. Drilling decisions regarding Dunquin and/or the Goban Spur Basin drilling will be taken by ExxonMobil, Sosina and the Company. Overseas, the partners in the East Irish Sea have agreed, subject to rig, to drill Crosby in 2008. In West Africa, your Company continues to discuss how best to advance drilling opportunities there and will report back when decisions have been made. Finally, in pursuit of incremental production from existing producing fields, your Company is currently looking at drilling additional wells at Singleton and in the Gulf of Mexico, as well as looking at possible new opportunities there. (** operator estimates) OPERATIONS Celtic Sea The results of the Hook Head testing programme, and the securing of a drilling vessel, will be the key determinants of the future work plan for the Celtic Sea portfolio in 2008. Obviously, the Company's intention will be to move aggressively towards development, consistent with our pre-drill statements. The results from Hook Head will also influence future plans for other Celtic Sea assets at the Dunmore, Helvick, Ardmore and Blackrock assets and these will be considered by Providence and its partners. The recent award of Licensing Option 07/1, in part blocks 49/15, 50/7, 8, 11, 12 & 13, which is adjacent to the Hook Head Field, is another positive step forward for the Celtic Sea portfolio. This new licensing area, covering 375 km², contains a number of significant mapped leads and prospects at a similar level to those, which are hydrocarbon bearing in the Hook Head structure. Following various farm-outs announced earlier this year and subsequent adjustments, the equity participation in the Celtic Sea portfolio (held under SEL's 2/07 and 3/07 and Licensing Option 07/1) is now: Providence 43.5%, Challenger Minerals (Celtic Sea) Ltd. 16.3%, Dyas BV 16.3%, Atlantic Petroleum (Ireland) Ltd. 10.8%, Forest Gate Resources Inc. 7.5% and Sosina Exploration Limited 5.4%. St. George's Channel - Pegasus, Dionysus and Apollo Providence holds its 100% interest in the Pegasus and Dionysus prospects through SEL 1/07, which was awarded in March of this year. These prospects are located to the north of Marathon's undeveloped Dragon Gas Field, approximately 25% of which extends into SEL 1/07. To the west of Dionysus and Pegasus is the large untested Apollo Prospect, which was the subject of the just announced extension of Licensing Option 05/3. All of these prospects are on trend with other oil and gas discoveries in the Celtic Sea, and your Company is actively marketing these prospects to the industry. Porcupine Basin - Spanish Point & Burren and Dunquin & Goban Spur Basin Spanish Point, a proven discovery with estimated 2C resources of 1.4 TSCF and 160 MMBO, is currently the subject of an exclusive marketing programme to the industry as a pre-cursor to finalising details for a future drilling programme. It is hoped that a drilling syndicate can be assembled with the objective of drilling in 2008, subject to rig availability. To further facilitate planned drilling at Spanish Point and to provide improved imaging of the nearby Burren oil discovery, the Company licensed part of GX Technology's long offset North East Atlantic SPAN(TM) Survey. This was successfully carried out in July/August, 2007 and the data is now being prepared for interpretation. Providence operates the Dunquin Prospect on behalf of its partners, ExxonMobil and Sosina. Further de-risking of this prospect continued with various geological and geotechnical techniques being applied. Whilst confidentiality conditions between the partners restrict Providence from commenting specifically on work programmes either in the past or future, the Company can confirm that it is very pleased with the status to date and views the future with optimism. Likewise, working in the Goban Spur Basin, Providence, ExxonMobil and Sosina continue to advance a number of potential leads in this c. 4,000km² Licensing Option area. East Irish Sea - West Lennox and Crosby In the East Irish Sea, your Company continues to work on its West Lennox and Crosby prospects, where it holds a 10% stake. Encouraging sub-surface studies have lead the partners to upgrade the estimated recoverable reserves and accordingly, to move forward with plans to drill the Crosby Prospect. Drilling, which is subject to contracting a rig, could take place in Q2/Q3, 2008. Additionally, as a further demonstration of your Company's interest in this highly prolific hydrocarbon producing region, the Company and its West Lennox/Crosby partners applied for and were awarded a 25% interest in the adjacent part blocks of 110/9b (Split) and 110/14b (Split) under the United Kingdom's 24th Seaward Licensing Round. Sub-surface studies have now commenced in this area. West Africa - AJE In Nigeria, forward plans for the potential drilling at AJE continue to be developed and an announcement will be made as plans are finalised. ENERGY AND THE ENVIRONMENT The Company believes that it has a role to play in addressing energy supply in an environmentally responsible manner. In addition to its ongoing exploration, development and production projects, which are carried out in accordance with all environmental rules and regulations, the Company is also a contributing player to the Irish Government sponsored initiative on new energy sources, including methane gas hydrates. OUTLOOK As this interim report demonstrates, your Company has been exceptionally busy on all fronts: Exploration, Development/Drilling and Production. Happily, we are able to report substantial progress in all these areas and the future outlook is very positive. Allied to the anticipated increased revenue from our producing interests, the macro-pricing environment for oil and gas remains very healthy, as does the demand for hydrocarbons, particularly in Europe. Looking ahead, we expect a continuation of these trends and factors, thereby positioning your Company for continued further growth. Tony O'Reilly Jnr Chief Executive Officer September 25th, 2007 PROVIDENCE RESOURCES P.l.c. INTERIM REPORT AND FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30 JUNE 2007 Financial Section attached includes the following: Consolidated Income Statement Consolidated Balance Sheet Consolidated Statement of Cash Flows Notes to the Interim Statement Provisional Statement of Accounting Policies Reconciliation of Irish GAAP to IFRS at 30 June 2006 Providence Resources P.l.c. Consolidated Income Statement For the six months ended 30 June 2007 Measured in accordance with IFRS accounting policies set out therein Unaudited Unaudited As restated 30 June 30 June 2007 2006 ¤000 ¤000 Revenue - continuing operations 880 1,014 Cost of sales (289) (285) -------- --------- Gross profit 591 729 Administration expenses (615) (677) Pre-licence expenditure (118) (451) -------- --------- Loss from operating activities (142) (399) --------- -------- Finance income 211 32 Finance expenses - interest (147) (1) Finance expenses - Macquarie loan warrants (180) (69) finance cost --------- -------- Net finance expense (116) (38) --------- -------- Loss before income tax (258) (437) Income tax expense - - -------- --------- Loss for the financial period - continuing (258) (437) operations - attributable to equity shareholders of ===== ===== the company Loss Per Ordinary Share (cent) 0.011c 0.021c - Basic and fully diluted ====== ====== Providence Resources P.l.c. Unaudited Unaudited Consolidated Balance Sheet as at 30 June As restated 2007 Measured in accordance with IFRS 30 June 2007 30 June 2006 accounting policies set out therein ¤000 ¤000 Assets Exploration and evaluation assets 15,336 11,393 Development and production assets 1,703 1,363 Property, plant and equipment 188 123 Available for sale equity investments 1,050 - Deferred Macquarie financing costs 1,012 1,372 --------- ------- Total non-current assets 19,289 14,251 --------- ------- Trade and other receivables 693 655 Prepayments for current assets 15 31 Cash and cash equivalents 23,417 1,569 ---------- ---------- Total current assets 24,125 2,255 ---------- ---------- Total assets 43,414 16,506 ===== ==== Equity Share capital 14,228 13,784 Share premium 55,029 30,931 Capital conversion reserve fund 623 623 Foreign currency translation reserve 116 (29) Retained earnings (33,933) (33,268) Share based payment reserve 530 113 Macquarie loan warrants reserve 1,441 1,441 --------- --------- Total equity attributable to equity 38,034 13,595 holders of the Company --------- --------- Liabilities Deferred income - 1 Provisions 1,627 1,622 ---------- ------- Total non-current liabilities 1,627 1,623 --------- ------- Trade and other payables 3,753 1,288 --------- ------- Total current liabilities 3,753 1,288 --------- ------- Total liabilities 5,380 2,911 --------- ------- Total equity and liabilities 43,414 16,506 ===== ==== Providence Resources P.l.c. Consolidated Statement of Cash Flows For the six months ended 30 June 2007 Unaudited Unaudited Measured in accordance with IFRS accounting policies set out As therein restated 30 June 30 June 2007 2006 ¤000 ¤000 Loss before income tax for the period (258) (437) Adjustments for: Depletion and Depreciation 124 131 Net finance expense 116 38 Equity-settled share-based payment transactions 60 33 Change in trade and other receivables 1,771 119 Change in trade and other payables 1,164 (173) Foreign exchange adjustments 22 (29) Interest paid (147) (1) ---------- --------- Net cash from operating 2,852 (319) activities (461) ---------- --------- Cash flows from financing activities Interest received 211 32 Acquisition of exploration and evaluation assets (2,813) (1,136) Acquisition of equity investments (1,050) - ---------- --------- Net cash used in investing activities (3,652) (1,104) ---------- --------- Cash flows from financing activities Proceeds from issue of share capital 24,516 - Repayment of borrowings (4,780) - ---------- --------- Net cash from financing activities 19,736 - ---------- --------- Net increase/(decrease) in cash and cash equivalents 18,936 (1,423) Cash and cash equivalents at 1 January 4,481 2,992 ---------- --------- Cash and cash equivalents at 30 June 23,417 1,569 ===== ===== Providence Resources P.l.c. Notes to the Interim Statement 1. The results for the six month periods ended 30 June 2007 and 2006 are neither audited nor reviewed. 2. The accounting policies adopted on transition from Irish Generally Accepted Accounting Policies (GAAP) as previously adopted, to International Financial Reporting Standards (IFRS) with effect from the transition date of 1 January 2006 are set out below in the provisional statement of accounting policies. These policies have been applied consistently to all years presented in these consolidated unaudited interim financial statements. 3. Explanations of how the transition to IFRS has affected the previously reported financial position in the period ended 31 December 2006 under GAAP are shown below. Assets - Oil and gas interests Under IFRS 6, the Board has reviewed the carrying value of its oil and gas interests in Helvick and Blackrock within the Group's portfolio. In the absence of significant identifiable work programmes in the near future on these oil and gas prospects the Board has concluded that it is appropriate to write down the carrying value of these interests. The impact of these write down are presented as prior year adjustments where appropriate. For the period ended 30 June 2006, the adjustment in the Income Statement is ¤239,000 and the cumulative adjustment to Retained Earnings is ¤8,253,000 at 31 December, 2005. Under IFRS 6, expenditure on non-licensed oil and gas interests are expensed as incurred. For the period ended 30 June 2006, the adjustment in the Income Statement is ¤212,000 and the cumulative adjustment to Retained Earnings is ¤779,000 at 31 December 2005. See attached reconciliation table on Page 19. 4. Macquarie Warrants In accordance with IAS 39 - Financial Instruments: Recognition and Measurement, the Group has fair valued warrants issued to Macquarie bank using an option pricing model. The fair value attributable to these warrants of ¤1,441,000 has been included within equity under Macquarie Loan Warrants Reserve with a corresponding Deferred cost included within non-current assets. The deferred cost is amortised over the four year life of the revolving credit facility. In the six months to 30 June 2007, ¤180,000 has been charged to the income statement (30 June 2006 ¤69,000) and the cumulative amount to 30 June, 2007 amounts to ¤429,000. 5. The calculation of the loss per share is based on the loss for the financial period of ¤258,000 divided by the weighted average number of ordinary shares in issue during the period ended 30 June 2007 of 2,262,720,503 and during the period ended 30 June 2006 of 2,097,831,000. There is no material difference between the computation of basic and diluted earnings per ordinary share. 6. The Interim Statement will be sent to registered shareholders and is available on the Company's website at www.providenceresources.com. Further copies will be available from the Company's offices at Airfield House, Airfield Park, Donnybrook, Dublin 4. Providence Resources P.l.c. Provisional statement of accounting policies Basis of preparation European Union (EU) law and the IEX and AIM stock exchange rules require that the next annual consolidated financial statements of the Group for the year ended 31 December 2007 be prepared in accordance with International accounting standards adopted for use in the EU. The interim financial information for the period to 30 June 2007 as has been prepared in accordance with International Financial Reporting Standards adopted by the European Union (EU) (IFRS's) and which will be effective at 31 December 2007 or are expected to be adopted and effective by that date, the Group's first annual reporting date at which it is required to use IFRS's. International accounting standards adopted for use in the EU that will be effective in the annual financial statements for the year ending 31 December 2007 are still subject to change and to additional interpretations and therefore cannot be determined with certainty. Accordingly, the accounting policies for that annual period will be determined finally only when the annual financial statements are prepared for the year ending 31 December 2007, and those set out below are provisional only. Where estimates had been made under Irish GAAP, consistent estimates (after adjustments to reflect any difference in accounting policies) have been made on transition to IFRS's. Judgements affecting the balance sheets of the Group have not been revisited with the benefit of hindsight. The Group have taken advantage of the following exemptions as permitted under IFRS 1 - First-time Adoption of International Financial Reporting Standards: * IAS 21 - The effects of changes in Foreign Exchange Rates, requires that on disposal of a foreign operation, the cumulative amount of currency translation differences previously recognised directly in reserves for that operation be transferred to the income statement as part of the profit or loss on disposal. Providence Resources PLC has deemed the cumulative currency translation differences applicable to foreign operations to be zero as at the transition date as permitted by IFRS 1. The cumulative currency translation differences arising before the transition date have been set to zero and adjusted for within retained earnings. * In accordance with the exemption permitted in IFRS 1, the fair value adjustments in respect of share based payments as required by IFRS-2 "Share Based Payment", have been applied only in respect of share options granted after 7 November 2002, but not fully vested by the date of transition to IFRS. The interim consolidated financial statements are presented in euro, rounded to the nearest thousand (¤'000) except when otherwise indicated. Euro is the functional currency of the parent and the majority of the Group's subsidiaries. The interim statement is prepared on a historical cost basis except for the measurement of share options and warrants which are stated at fair value at grant date and available for sale assets which are at fair value. The preparation of financial statements requires management to use judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Actual results may differ from those estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected. The preparation of the financial statements under EU IFRS has resulted in changes to the accounting policies from the most recent annual financial statements prepared under Irish GAAP. The accounting policies set out below have been applied consistently to all periods presented in this interim statement, except as otherwise stated. Basis of consolidation The consolidated financial statements include the financial statements of Providence Resources Plc and its subsidiaries. Subsidiaries are entities controlled by the Group. Control exists when the Group has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. In assessing control, potential voting rights that presently are exercisable are taken into account. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Intra-group balances, and any unrealised income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Unrealised gains arising from transactions with equity accounted investees are eliminated against the investment to the extent of the Group's interest in the investee. Unrealised losses are eliminated in the same way as unrealised gains, but only to the extent that there is no evidence of impairment. Revenue recognition Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group, that it can be reliably measured, that the product passes out of the ownership of the Group to external customers pursuant to enforceable sales contracts and that the significant risks and rewards of ownership of oil have passed to the buyer. Revenue comprises the invoiced value of oil supplied by the Group and excludes inter-company sales, trade discounts and value added tax. Employee benefits (i) Defined contribution plans Obligations for contributions to defined contribution pension plans are recognised as an expense in profit or loss when they are due. (ii) Share based payments The Company's "2005 scheme" falls within the scope of and is accounted for under the provisions of IFRS 2 - Share Based Payment. Accordingly, the fair value of the options granted under this scheme, after 7 November 2002 and which had not yet vested as at 1 January 2006, is recognised as a personnel expense with a corresponding increase in the "Share based payment reserve". The fair value is measured using an option pricing model, taking into account the terms and conditions upon which the options were granted. The amount recognised as an expense is adjusted to reflect the actual number of share options that vest, except where forfeiture is only due to share prices not achieving the threshold for vesting. Foreign currency (i) Foreign currency transactions Transactions in foreign currencies are translated to the respective functional currencies of Group entities at exchange rates at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. The foreign currency gain or loss on monetary items is the difference between amortised cost in the functional currency at the beginning of the period, adjusted for effective interest and payments during the period, and the amortised cost in foreign currency translated at the exchange rate at the end of the period. Non-monetary assets and liabilities denominated in foreign currencies that are measured at fair value are retranslated to the functional currency at the exchange rate at the date that the fair value was determined. Foreign currency differences arising on retranslation are recognised in profit or loss, except for differences arising on the retranslation of available-for-sale equity instruments or a financial liability designated as a hedge of the net investment in a foreign operation (see (ii) below). (ii) Foreign operations The assets and liabilities of foreign operations are translated to Euro at exchange rates at the reporting date. The income and expenses of foreign operations are translated to Euro at exchange rates at the dates of the transactions. Foreign currency differences are recognised directly in equity. Since 1 January 2006, the Group's date of transition to IFRS, such differences have been recognised in the foreign currency translation reserve (FCTR). When a foreign operation is disposed of, in part or in full, the relevant amount in the FCTR is transferred to profit or loss Income tax expense Income tax expense comprises current and deferred tax. Income tax expense is recognised in profit or loss except to the extent that it relates to items recognised directly in equity, in which case it is recognised in equity. Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantively enacted at the reporting date, and any adjustment to tax payable in respect of previous years. Deferred tax is recognised using the balance sheet method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax is not recognised for the following temporary differences: the initial recognition of goodwill, the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit, and differences relating to investments in subsidiaries and jointly controlled entities to the extent that they are unlikely to reverse in the foreseeable future. Deferred tax is measured at the tax rates that are expected to be applied to the temporary differences when they reverse, based on the laws that have been enacted or substantively enacted by the reporting date. A deferred tax asset is recognised to the extent that it is probable that future taxable profits will be available against which temporary difference can be utilised. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised. Additional income taxes that arise from the distribution of dividends are recognised at the same time as the liability to pay the related dividend is recognised. Lease payments Payments made under operating leases are recognised in profit or loss on a straight-line basis over the term of the lease. Lease incentives received are recognised as an integral part of the total lease expense, over the term of the lease. Minimum lease payments made under finance leases are apportioned between the finance expense and the reduction of the outstanding liability. The finance expense is allocated to each period during the lease term so as to produce a constant periodic rate of interest on the remaining balance of the liability. Contingent lease payments are accounted for by revising the minimum lease payments over the remaining term of the lease when the lease adjustment is confirmed. Finance income and expenses Finance income comprises interest income on funds invested, dividend income, gains on the disposal of available-for-sale financial assets and foreign currency gains. Interest income is recognised as it accrues, using the effective interest method. Dividend income is recognised on the date that the Group's right to receive payment is established, which in the case of quoted securities is the ex-dividend date. Finance expenses comprise interest or finance expense on borrowings, unwinding of the discount on provisions, foreign currency losses and impairment losses recognised on financial assets. All borrowing costs are recognised in profit or loss using the effective interest method. Exploration and evaluation assets and property plant and equipment - development and production assets The Group has adopted IFRS 6 "Exploration for and Evaluation of Mineral Resources" in preparing these financial statements. (i) Exploration and evaluation assets Expenditure incurred prior to obtaining the legal rights to explore an area is written off to the income statement. Expenditures incurred on the acquisition of a licence interest are initially capitalised on a licence by licence basis considering the degree to which the expenditure can be associated with finding specific reserves. Exploration and evaluation expenditure incurred in the process of determining exploration targets is also capitalised. No value is attributed to exploration licenses granted. These expenditures are held undepleted within the exploration licence asset until such time as the exploration phase on the licence area is complete or commercial reserves have been discovered. Exploration and evaluation drilling costs are capitalised within each licence area until the success or otherwise of the well has been established. Unless further evaluation expenditures in the licence area have been planned and agreed or unless the drilling results indicate that hydrocarbon reserves exist and there is a reasonable prospect that these reserves are commercial, drilling costs are written off. Exploration and evaluation assets are initially held at cost and are not revalued. (ii) Property, plant and equipment - development and production oil and gas assets Following appraisal of successful exploration wells and the establishment of commercial reserves, the related capitalised exploration and evaluation expenditures are reclassified as development and production oil and gas assets. Subsequent expenditure is capitalised only where it either enhances the economic benefits of the development and production assets or replaces part of the existing development and production assets. Any costs associated with the replacement of assets are expensed to the income statement. (iii) Depletion The Group depletes expenditure on developed and producing properties on a unit of production basis, based on proved and probable reserves on a cost pool basis. Capitalised costs together with anticipated future development costs calculated at price levels ruling at the balance sheet date, are amortised on a unit of production basis. Amortisation is calculated by reference to the proportion that production for the period bears to the total of the estimated remaining commercial reserves as at the beginning of the period. Changes in reserves quantities and cost estimates are recognised prospectively. (iv) Impairment Impairment reviews on developed and producing properties are carried out on each cash-generating unit identified in accordance with IAS 36 "Impairment of Assets". The Group's cash-generating units are those assets which generate largely independent cash flows and are normally, but not always, single development areas or fields. Exploration and evaluation assets are reviewed regularly for indicators of impairment and costs are written off where circumstances indicate that the carrying value might not be recoverable. In such circumstances, the exploration and evaluation asset is allocated to development and production assets within the same cash generating unit and tested for impairment to assess whether the net book value of capitalised costs in each pool, together with the future costs of development of undeveloped reserves, is covered by the discounted future net revenues from the reserves within that pool, calculated at prices prevailing at the year end. Any such impairment arising is recognised in the income statement for the period. Where there are no development and production assets, the impaired costs of exploration and evaluation are charged immediately to the income statement. Where there has been a change for impairment in an earlier period, that charge will be reversed in a later period where there has been a change in circumstances to the extent that the discounted future net cash flows are higher than the net book value at the time. In reversing impairment losses, the carrying amount of the asset will be increased to the lower of its original carrying value or the carrying value that would have been determined (net of depletion) had no impairment loss been recognised in prior periods. (v) Decommissioning costs Provision is made for the decommissioning of oil and gas wells and other oilfield facilities. The cost of decommissioning is determined through discounting the amounts expected to be payable to their present value at the date the provision is recorded and is reassessed at each balance sheet date. This amount is included within developed and producing assets by cost pool and the liability is included in provisions. Such cost is depleted over the life of the cost pool on a unit of production basis and charged to the income statement. The unwinding of the discount is reflected as a finance cost in the income statement over the remaining life of the well. Other property, plant and equipment Other property, plant and equipment is measured at cost less accumulated depreciation and impairment losses. Cost includes expenditures that are directly attributable to the acquisition of the asset. The cost of self-constructed assets includes the cost of materials and direct labour, any other costs directly attributable to bringing the asset to a working condition for its intended use, and the costs of dismantling and removing the items and restoring the site on which they are located. Purchased software that is integral to the functionality of the related equipment is capitalised as part of that equipment. When parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items (major components) of property, plant and equipment. The estimated useful lives for the current and comparative periods are as follows: * buildings 3-10 years * furniture and equipment 3-10 years Leased assets Leases in terms of which the Group assumes substantially all the risks and rewards of ownership are classified as finance leases. Upon initial recognition the leased asset is measured at an amount equal to the lower of its fair value and the present value of the minimum lease payments. Subsequent to initial recognition, the asset is accounted for in accordance with the accounting policy applicable to that asset. Other leases are operating leases and, except for investment property, the leased assets are not recognised on the Group's balance sheet. Investment property held under an operating lease is recognised on the Group's balance sheet at its fair value. Financial assets Investments in subsidiary undertakings are stated at cost less provision for impairment in the company's balance sheet. Loans to subsidiary undertakings are initially recorded at fair value in the company balance sheet and subsequently at amortised cost using an effective interest rate methodology. Financial instruments (i) Non-derivative financial instruments Non-derivative financial instruments comprise investments in equity and debt securities, trade and other receivables, cash and cash equivalents, loans and borrowings, and trade and other payables. Non-derivative financial instruments are recognised initially at fair value plus, for instruments not at fair value through profit or loss, any directly attributable transaction costs, except as described below. Subsequent to initial recognition non-derivative financial instruments are measured as described below. A financial instrument is recognised if the Group becomes a party to the contractual provisions of the instrument. Financial assets are derecognised if the Group's contractual rights to the cash flows from the financial assets expire or if the Group transfers the financial asset to another party without retaining control or substantially all risks and rewards of the asset. Regular way purchases and sales of financial assets are accounted for at trade date, i.e., the date that the Group commits itself to purchase or sell the asset. Financial liabilities are derecognised if the Group's obligations specified in the contract expire or are discharged or cancelled. Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the Group's cash management are included as a component of cash and cash equivalents for the purpose of the statement of cash flows. (ii) Available-for-sale financial assets The Group's investments in equity securities and certain debt securities are classified as available-for-sale financial assets. Subsequent to initial recognition, they are measured at fair value and changes therein, other than impairment losses, and foreign exchange gains and losses on available-for-sale monetary items, are recognised directly in equity. When an investment is derecognised, the cumulative gain or loss in equity is transferred to profit or loss. (iii) Compound financial instruments Compound financial instruments issued by the Group comprise borrowings that were drawn down with associated issuance of equity warrants. As the warrants issued were for a fixed number at a fixed price, this element of the instrument is recognised within equity with a corresponding deferred cost within non-current assets which is amortised over the length of the credit facility. Trade and other receivables Trade receivables, which generally have 30 to 90 day terms, are recognised and carried at original invoice amount less an allowance for any estimated shortfall in receipt. An estimate of any shortfall in receipt is made when there is objective evidence that a loss has been incurred. Bad debts are written off when identified. Provisions A provision is recognised if, as a result of a past event, the Group has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. Ordinary shares Incremental costs directly attributable to issue of ordinary shares and share options are recognised as a deduction from equity. Earnings per share The Group presents basic and diluted earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding during the period. Diluted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding for the effects of all dilutive potential ordinary shares, which comprise convertible notes and share options granted to employees. Segment reporting A segment is a distinguishable component of the Group that is engaged either in providing related products or services (business segment), or in providing products or services within a particular economic environment (geographical segment), which is subject to risks and rewards that are different from those of other segments. The Group's primary format for segment reporting is based on geographical segments. ---END OF MESSAGE---


 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - September 25, 2007) - Buffalo Gold Ltd. (TSX VENTURE: BUF)(OTCBB: BYBUF)(FRANKFURT: B4K) reports that the Company has received approval from the TSX Venture Exchange to commence trading in Canadian dollars. Effective at the opening of trading on September 25th, 2007, the Company will be quoted in and trading in Canadian dollars on the TSX Venture Exchange under the symbol "BUF". "It has been a source of some confusion to the public that we, as a Canadian company, trade in US dollars on a Canadian exchange," commented Buffalo Executive Chairman Damien Reynolds. "The recent shift in currency valuations makes this an opportune time for us to change the situation." Buffalo Gold Ltd. is dedicated to maximizing shareholder value through growth strategies that emphasize careful opportunity assessment and vigilant project management. Buffalo is aggressively exploring the Mt. Kare gold project in Papua New Guinea and a portfolio of gold exploration projects in producing and past-producing regions of Australia. In July 2007, Buffalo announced a merger with Sargold Resource Corporation (TSX VENTURE: SRG), a junior gold miner with mining and exploration projects in Sardinia, Italy. To find out more about Buffalo Gold Ltd. (TSX VENTURE: BUF), please visit the company website at www.buffalogold.ca. On behalf of the Board of Directors of BUFFALO GOLD LTD. Brian McEwen, President and CEO The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this press release. Contacts: Buffalo Gold Ltd. Julie Hajduk Investor Relations (604) 685-5492 or Toll Free: 1-888-685-5492 (604) 685-2536 (FAX) Email: julie@buffalogold.ca Website: www.buffalogold.ca


 

Leiden, The Netherlands, September 25 2007 - Dutch biotechnology company Crucell N.V. (Euronext, NASDAQ: CRXL, Swiss Exchange: CRX) today stated that it wishes to emphasize that the discontinuation of Merck's HIV phase I and II studys, as announced on Friday September 21, is not related to the use of Crucell's PER.C6® technology. The company further added that it reiterates its revenue guidance for 2007 at ¤ 220 to 225 million. "While the vaccine is produced on Crucell's PER.C6® technology, the discontinuation of the study appears in no way related to the safety or efficacy of the PER.C6® production technology and therefore has no impact on either Crucell's licensing activities or Crucell's partnership with Merck with respect to Crucell's PER.C6® and Advac® technologies as announced two weeks ago", said Dr. Jaap Goudsmit, Crucell's Chief Scientific Officer. "We emphathize with all people at risk of AIDS for whom this result is a set back." Crucell also reiterates its revenue guidance of ¤ 220-225 million for 2007. "We had not incorporated any income from the Merck HIV program in our guidance for 2007. As the program was in a phase II study it was not at all expected to enter the market within the next couple of years to generate royalty-based income for Crucell. We therefore wish to emphasize that our guidance for 2007 has not changed as a result of this event," said Ronald Brus, Chief Executive Officer. "Bringing an HIV vaccine to market has always been considered to be a major challenge." About Crucell Crucell N.V. (Euronext, NASDAQ: CRXL; Swiss Exchange: CRX) is a biotechnology company focused on research, development and worldwide marketing of vaccines and antibodies that prevent and treat infectious diseases. Its vaccines are sold in public and private markets worldwide. Crucell's core portfolio includes a vaccine against hepatitis B, a fully-liquid vaccine against five important childhood diseases, and a virosome-adjuvanted vaccine against influenza. Crucell also markets travel vaccines, such as the only oral anti-typhoid vaccine, an oral cholera vaccine and the only aluminium-free hepatitis A vaccine on the market. The Company has a broad development pipeline, with several Crucell products based on its unique PER.C6® production technology. The Company licenses this and other technologies to the biopharmaceutical industry. Important partners and licensees include DSM Biologics, sanofi aventis, GSK and Merck & Co. Crucell is headquartered in Leiden (the Netherlands), with subsidiaries in Switzerland, Spain, Italy, Sweden, Korea and the US. The Company employs over a 1000 people. For more information, please visit www.crucell.com. For further information please contact: Media: Investors/Analysts: Barbara Mulder Oya Yavuz Director Corporate Communications Director Investor Relations Tel: +31-(0) 71-519 7346 Tel. +31-(0) 71-519 7064 press@crucell.com ir@crucell.com


 

Users Can Connect and Share Resources Across Institutions and Regions WASHINGTON, DC--(Marketwire - September 25, 2007) - Blackboard Inc. (NASDAQ: BBBB), a leading provider of enterprise software for the education industry, today announced that faculty and students at academic institutions spanning more than 20 countries are connecting and sharing resources through Scholar®, Blackboard's social bookmarking service. Customized for education, Scholar is fully integrated into the Blackboard Learning System(TM). It provides a targeted, innovative way for users to store online bookmarks, as well as share resources and expertise with peers and colleagues across institutions located around the world. "If you're working on the Web, of course you've got external links," said Kate Boardman, e-Learning Manager of the Centre for Learning and Quality Enhancement at the University of Teeside (UK). "Think what rich resources you have in your Favourites. What if you could share these collected starting points with your students? And hey, wouldn't it be magic if you could describe, tag and search these resources? You can. That's how we've moved from where we were before by incorporating Scholar." Launched in February 2007, Scholar is built on the principles of Web 2.0, delivering cutting-edge functionality through a rich user interface. It enables users to organize and manage their own collection of online educational resources they find valuable, share them among other Scholars and discover more relevant and valuable resources through them. It is also integrated directly into the Blackboard® course environment, allowing instructors to supplement course material with rich, dynamic information, while also enabling students to contribute to the course content. "The great benefit of Scholar is the integration into your Blackboard course," said Willem van Valkenburg, e-Learning Technology Consultant at the University of Technology, Netherlands. "Scholar enables students to easily share their online discoveries and those they find from other Scholar users across the globe, with the rest of the (students in the) course." Scholar recently incorporated new social networking functionality so that users can connect in new ways and build relationships and networks within the site. With this new functionality, users can create and manage networks of Scholar Friends, Scholar Favorites and Scholar Fans to share information and resources. "Before Scholar, the academic community didn't have an efficient way to share information with each other unless they had a formal established relationship outside of the teaching and learning environment. Now, educators, administrators and students can easily share information and develop new relationships with others who have similar interests around the world," said Michael Chasen, President and CEO of Blackboard. "The global connectivity Scholar encourages and facilitates will significantly deepen and improve the sharing of educational information by teachers and learners everywhere." Scholar is the first offering from the Blackboard Beyond Initiative(TM), announced in 2006. A series of centrally-hosted Web properties, the Blackboard Beyond Initiative leverages Web 2.0 technologies to empower the Blackboard® community with innovative tools to pioneer the next generation of teaching and learning. Scholar is available for Blackboard Learning System -- enterprise clients at no cost and is delivered via a Blackboard Building Block(TM) or Blackboard PowerLink(TM) found on the Behind the Blackboard(TM) client support site. Scholar comes pre-installed with Release 7.3 and higher of the Blackboard Learning System -- Enterprise License. About Blackboard Inc. Blackboard Inc. (NASDAQ: BBBB) is a leading provider of enterprise software applications and related services to the education industry. Founded in 1997, Blackboard enables educational innovations everywhere by connecting people and technology. With two product suites, the Blackboard Academic Suite(TM) and the Blackboard Commerce Suite(TM), Blackboard is used by millions of people at academic institutions around the globe, including colleges, universities, K-12 schools and other education providers, as well as textbook publishers and student-focused merchants that serve education providers and their students. Blackboard is headquartered in Washington, D.C., with offices in North America, Europe, Australia and Asia. Blackboard Educate. Innovate. Everywhere.(TM) Any statements in this press release about future expectations, plans and prospects for Blackboard and other statements containing the words "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the factors discussed in the "Risk Factors" section of our Form 10-Q filed on August 7, 2007 with the SEC. In addition, the forward-looking statements included in this press release represent the Company's views as of September 25, 2007. The Company anticipates that subsequent events and developments will cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to September 25, 2007. Senior Manager Public Relations at Blackboard: Melissa Chotiner Blackboard Inc. 202-463-4860 ext. 2404 mchotiner@blackboard.com Media Contact: Amy Storey Fleishman-Hillard Inc. 202-828-8819 storeya@fleishman.com


 

Form TR-1 with annex. FSA Version 2.1 updated April 2007 +--------------------------------------------+ | For filings with the FSA include the annex | | For filings with issuer exclude the annex | +--------------------------------------------+ +--------------------------------------------------+ | TR-1: Notifications of Major Interests in Shares | +--------------------------------------------------+ +-------------------------------------------------------------------+ | | Shanta Gold | | 1. Identity of the issuer or the underlying | | | issuer of existing shares to which voting rights | | | are attached: | | |-------------------------------------------------------------------| | | | 2. Reason for notification (yes/no) | |-------------------------------------------------------------------| | | X | | An acquisition or disposal of voting rights | | |----------------------------------------------------------+--------| | | | | An acquisition or disposal of financial instruments | | | which may result in the acquisition of shares already | | | issued to which voting rights are attached | | |----------------------------------------------------------+--------| | | | | An event changing the breakdown of voting rights | | |----------------------------------------------------------+--------| | | | | Other (please specify):______________ | | |-------------------------------------------------------------------| | | Rensburg Sheppards | | 3. Full name of person(s) subject to | Investment Management | | notification obligation: | Limited | |-------------------------------------------+-----------------------| | | | | 4. Full name of shareholder(s) (if | | | different from 3): | | |-------------------------------------------+-----------------------| | | 21st September 2007 | | 5. Date of transaction (and date on which | | | the threshold is crossed or reached if | | | different): | | |-------------------------------------------+-----------------------| | | 24th September 2007 | | 6. Date on which issuer notified: | | |-------------------------------------------+-----------------------| | | Less than 3 % | | 7. Threshold(s) that is/are crossed or | | | reached: | | +-------------------------------------------------------------------+ +-------------------------------------------------------------------------------+ |8: Notified Details Nominee | |Holdings | |-------------------------------------------------------------------------------| |A: Voting rights attached to shares | | | |-------------------------------------------------------------------------------| |Class/type of |Situation previous |Resulting situation after the triggering| |shares |to the triggering |transaction | |If possible use |transaction | | |ISIN code |-------------------+----------------------------------------| | |Number of|Number of|Number |Number of voting|Percentage of | | |shares |voting |of |rights |voting rights | | | |rights |shares |----------------+---------------| | | | | | | | | | | | | | |Direct |Indirect|Direct|Indirect| |-------------------------------------------------------------------------------| |Ordinary shares 4,662,633 | | 4,662,633 | |2,186,000 2.18% | |GB00B0CGR828 | |-------------------------------------------------------------------------------| | | +-------------------------------------------------------------------------------+ +---------------------------------------------------------------------------+ |B: Financial Instruments | | | |---------------------------------------------------------------------------| |Resulting situation after the triggering transaction | | | |---------------------------------------------------------------------------| |Type of |Expiration|Exercise/ |No. of voting rights that may |Percentage| |financial |date |conversion |be acquired (if the instrument|of voting | |instrument| |period/date|exercised/converted) |rights | |----------+----------+-----------+------------------------------+----------| | | | | | | | | | | | | +---------------------------------------------------------------------------+ +-------------------------------------------------------+ | Total (A+B) | | | |-------------------------------------------------------| | Number of voting rights | Percentage of voting rights | |-------------------------+-----------------------------| | 2,186,000 | 2.18% | +-------------------------------------------------------+ +-------------------------------------------------------------------+ | 9. Chain of controlled undertakings through which the voting | | rights and /or the financial instruments are effectively held, if | | applicable: | |-------------------------------------------------------------------| | Client holdings registered in the name of Nominee companies 100% | | owned by Rensburg Sheppards Investment Management Limited | +-------------------------------------------------------------------+ +-------------------------------------------------------------------+ | Proxy Voting: | | | |-------------------------------------------------------------------| | 10. Name of proxy holder: | | | | | |---------------------------------------------------------------+---| | 11. Number of voting rights proxy holder will cease to hold: | | | | | |---------------------------------------------------------------+---| | 12. Date on which proxy holder will cease to hold voting | | | rights: | | | | | +-------------------------------------------------------------------+ +---------------------------------+ | 13. Additional information: | | | | | |-----------------------------+---| | 14 Contact name: | | | | | |-----------------------------+---| | 15. Contact telephone name: | | | | | +---------------------------------+ ---END OF MESSAGE---


 

Wärtsilä Corporation, Press release, 25 September 2007 Inauguration of Wärtsilä's factory expansion in Vaasa, Finland New production concept boosts capacity and flexibility Wärtsilä today inaugurated its new assembly hall and logistics centre in Vaasa, Finland. Minister of Trade and Industry Mauri Pekkarinen officiated at the ceremony. Wärtsilä improves quality and efficiency of production processes and increases production capacity by the investment of EUR 30 million in a modern production concept. The latest investment programme will raise the production capacity of the Vaasa Delivery Centre to a level that corresponds to future market requirements and the needs of flexibility. "The new facilities will allow us to increase production deliveries and provide us with a significantly higher quality way of manufacturing our products. This, in turn, will result in even better quality and a more competitive cost structure," says Juha Kytölä, President of Wärtsilä in Finland. "To maintain the competitiveness of industry in Europe we have to continuously develop our manufacturing processes. Networking and ever closer co-operation with our Finnish and international partners can help us increase our flexibility and our competitive edge as demand varies. Networking is also a logistical challenge. The aim of our investment was to design a factory that meets these goals. The focus is on assembly and logistics," says Ole Johansson, President & CEO of Wärtsilä Corporation. "We have to remain alert and ready for change whenever it is needed." In conjunction with the investment programme, the operating model of the entire factory has been renewed. In the assembly area a modern production line concept has been introduced while new logistics solutions considerably reduce internal traffic in the factory area. Material handling has also been modernized to improve the quality, flow and efficiency of operations. The overall size of the production area increases with a third. In addition the expansion has created jobs for two hundred additional people within production and other areas. Wärtsilä currently employs approximately 2500 people in Vaasa. The construction project was particularly challenging, due to the tight schedule required. The first piles were driven in June 2006, the steel frame structure was delivered to the site in October, and assembly of the first engine began in August this year. Additional challenges were created by having to carry out the construction work close to residential areas, and amidst protected buildings within the factory area itself. Furthermore, construction work could not interrupt ongoing production. Wärtsilä's Technology & Innovation Award At the inauguration of the new factory, the winners of Wärtsilä's Technology & Innovation Award 2007 were also announced. Three teams from the Finnish Research & Development unit in Vaasa received the award for their meritorious work on applying environmentally sound technologies to medium-speed engines. The teams were represented by Mr Tero Raikio, Mr Vesa Nordman and Mr Björn Hallbäck. "This work is an important part of our research in developing engines and machines to minimize the environmental impact from shipping and electricity generation," stated Mr Johansson to the award winners. Wärtsilä's Board of Management selects the winning entry, based on the criteria of environmental impact, innovativeness, engine performance, cost effectiveness and technological leadership. The award is made every year and this was now the seventh time it has been given. For further information please contact Mr Juha Kytölä, President of Wärtsilä Finland, phone +358 10 709 2650. Link to pictures Captions: Juha Kytölä, President of Wärtsilä Finland Oy, to the right. Production line in the Wärtsilä Vaasa factory. Mr Juha Kytölä, President of Wärtsilä Finland Oy, Minister of Trade and Industry Mauri Pekkarinen and Mr Ole Johansson, CEO and President of Wärtsilä Corporation cut the ribbon. The winners of Wärtsilä's Technology and Innovation Award 2007: Mr Vesa Nordman, Mr Björn Hallbäck and Mr Tero Raikio. Wärtsilä in brief Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 15,000 professionals manning 130 Wärtsilä locations in close to 70 countries around the world. www.wartsila.com


 

Michael Green has been appointed as the new head of Handelsbanken's regional bank in Western Sweden. At the same time he has been appointed Executive Vice President of Handelsbanken and becomes a member of the Bank's senior management team. Michael Green is currently head of Handelsbanken's New York branch. He will be taking up his new position on 1 January 2008. For further information, please contact: Pär Boman, group chief executive, tel: +46 8 22 92 20 Johan Lagerström, press officer, tel: +46 8 701 1395, mobile: +46 70 265 8014


 

Modern Insurances long-term venture in the cooperation with the trade unions is further extended through the recruitment of Olle Andersson, Salus-Ansvar's organization and business development manager. Modern Insurances cooperation with the Swedish Confederation of Professional Associations (Sw.: SACO) during several years grew substantially during the first six months 2007 since the Swedish Association of Graduate Engineers (Sw.: Sveriges Ingenjörer) chose Modern Insurances as supplier of group life insurances. The recruitment of Olle Andersson as manager of business development concentrating on trade unions and non-profit organizations is a step ahead for Modern Insurances extended venture of this business area. "The fact that Olle Andersson chose to join us is most rewarding. The combination of Olle Andersson's solid experience and well developed network and Modern Insurances creativity will enable further cooperation with trade unions", says Lars Nordstrand, CEO of Modern Insurances. For further information, please visit www.invik.se or contact: Anders Fällman, President and CEO +46 (0)8 562 000 20 Mattias Björk, CFO +46 (0)8 562 000 58 __________________________________ Invik, is a finance group with a broad product profile focusing on insurance, banking and fund management. Invik is active in a number of carefully selected segments in which the Group can create high growth and build long-term, successful companies, while consistently focusing on profitability. Group companies are distinguished by their constant efforts to seek new avenues for growth in profitable niches in the financial sector. Invik is made up of five major financial operations: Modern Insurances Non-life, with its direct insurance operations focusing on individuals and small companies; Modern Insurances Life, which offers life, pension and endowment insurances; Assuransinvest manages the remaining run-off portfolio; Banque Invik, a private bank based in Luxembourg with operations in asset management, card operations and corporate services and Invik Funds, which pursues fund operations in Aktie-Ansvar and Modern Funds.


 

Nera Telcommunications Singapore (SGX: NeraTel), 50.1 percent owned by Eltek ASA, today announces that the Company has signed a Contract with a Government Organisation in Asia for the supply, delivery, installation, testing and commissioning of an integrated telecommunication system. The Contract has a value of about S$40.6 million (approximately NOK 150 million) and it will be implemented over a period of approximately two years. The announcement from Nera Telecommunications is available at http://www.newsweb.no --- End of Message --- Eltek ASA PO Box 2340 Strømsø Drammen Norway ISIN: NO0003109407; ;


 

CapMan Plc Press Release 25 September 2007 1.15 p.m. Jerome Bouix has been appointed as Senior Partner, Lars Hagelstam, Hans Tindlund and Torben von Lowzow as Partners and Espen Stenumgård as Investment Director. Jerome Bouix, M.Sc. (Econ.), has been nominated as Senior Partner. He transfers to head the new Investor Services Unit, which is responsible for the Group's fundraising, fund administration, investor relations, communications and product development as of 1 October 2007. Mr Bouix joined CapMan in 2000 and he is a member of the CapMan Plc Management Group. Torben von Lowzow, M.Sc. (Eng.), has been appointed as Partner and a member of CapMan Plc's Management Group effective 1 October 2007. He has twenty years of experience from the banking and finance industry in Northern Europe. In 2002-2006 Mr von Lowzow served as CEO of Gudme Raaschou Bank, an affiliate of the HSH Nordbank Group, and most recently as CEO of HSH Gudme Corporate Finance. In 1987-2001 he held management positions with Danske Bank in Copenhagen and London. Mr von Lowzow is a member of the boards of various companies and an executive committee member in many organisations. Lars Hagelstam, M.Sc. (Econ.), has been nominated as Partner. He has strong experience from corporate finance and he has handled a number of M&A and corporate finance transactions in the Nordic countries and the rest of Europe. At CapMan Mr Hagelstam has had a key role in several buyout transactions including inter alia Lumene and Staffpoint. Mr Hagelstam joined CapMan in 1999. Hans Tindlund, M.Sc. (Eng.), MBA, has been nominated as Partner. He joined CapMan in 2004 and has played an important role in the establishment of the CapMan operations in Norway and the investments by CapMan funds in Cardinal Foods AS, InfoCare ASA and Telemark Røntgen Group. Prior to CapMan, Mr Tindlund worked in corporate finance and strategy with McKinsey & Company and the investment bank H&Q Norden. Espen Stenumgård, M.Sc. (Econ.), has been appointed as Investment Director. Mr Stenumgård joined CapMan in 2006. He has a broad background in operations, corporate finance and strategy from his prior positions at Catch Communications ASA, Kistefos Venture Capital and Bain & Company. For more information, please contact: Heikki Westerlund, CEO, CapMan Plc, tel. +358 9 6155 8304 or +358 50 559 6580 CapMan CapMan is one of the leading alternative asset managers in the Nordic countries and manages Nordic funds with approximately EUR 3 billion in total capital. CapMan has four investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science and CapMan Real Estate), and each of them has a dedicated team. Altogether CapMan employs around 100 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001. www.capman.com


 

Bull to Become Primary Channel for DATAllegro in Europe ALISO VIEJO, Calif., Sept. 25, 2007 (PRIME NEWSWIRE) -- DATAllegro(tm), supplier of the most advanced data warehouse appliance on an enterprise-class platform, and Bull, Architect of an open world(tm), today announced a strategic partnership and a new product offering in Europe. As a result of the partnership, Bull will launch Data Warehouse Parallel Server (DWPS) - a range of data warehouse platforms based on DATAllegro's data warehouse appliance technology utilizing Bull's NovaScale servers. Distributed in continental Europe, Data Warehouse Parallel Server will be manufactured, marketed and supported by Bull with assistance from DATAllegro. Data Warehouse Parallel Server targets medium to large organizations that face the issue of growing amounts of data and increasing requirements on their business intelligence infrastructure. These companies can significantly benefit from the Data Warehouse Parallel Server, which offers extremely high performance while reducing data warehouse TCO. Data Warehouse Parallel Server offers an unmatched price/performance ratio, with low purchase and maintenance costs, which allow new applications to be supported and more data to be analyzed within existing budgets. DATAllegro's patent-pending data warehouse appliance architecture is optimized to run complex queries on terabytes of data in minutes. Customers will also benefit from optional grid technology, which allows companies to support disaster recovery and hub-and-spoke architectures. Data warehouse appliances combine hardware, software, OS and database into a pre-tuned and pre-configured solution that has been optimized for peak performance out of the box. Data warehouse appliances entered the market several years ago offering higher performance at a lower price point than traditional data warehouse solutions. In addition, through this agreement with DATAllegro, Bull brings several critical added values: 1 - an end-to-end value chain from manufacturing to Europe-wide maintenance and support 2 - best of breed NovaScale servers as well as EMC storage solutions bringing market leading performance to the platform 3 - the know-how of mainframe disciplines 4 - the expertise in deploying enterprise-class data warehouses and the ability to lead projects to a successful completion. Data Warehouse Parallel Server leverages the leadership of DATAllegro in second generation data warehouse appliances and of Bull, a major player in Business Intelligence. As an IT manufacturer and systems integrator, Bull responds to all enterprise challenges by bringing together in-depth functional, business and technical expertise. The agreement with DATAllegro is a key part of Bull's 7i strategic initiative. Bull's 7i program is designed to help businesses reap the benefits of an open world by turning their information systems into drivers for creating value in a connected world, by facilitating growth, competitiveness and sovereignty. "Our partnership with Bull is possible because of DATAllegro v3's architecture, which is designed to leverage enterprise-class technologies for better reliability and more rapid advancement than proprietary alternatives," said Stuart Frost, CEO of DATAllegro. "Bull has a strong presence in Europe and a lot of experience in the data warehouse market. We are very pleased that they chose our technology over all others in the market." "BI is recognized today as the first concern for CIO's," said Bruno Pinna, Marketing Director of Bull. "As Architect of an open world and an expert in BI, our goal is to help corporations and public services leverage the best of it. With this innovative platform, that combines DATAllegro's technology, the power of our NovaScale servers and EMC storage solutions and our end-to-end support expertise, we offer a breakthrough open data warehouse solution to the market. Customers are now able to get the best of their data and increase competitiveness, in a rapidly moving, fast growing world." ABOUT DATALLEGRO(tm) DATAllegro offers the most advanced data warehouse appliance on an enterprise-class platform. By combining DATAllegro's patent-pending software with the industry's leading hardware, storage and database technologies, DATAllegro has taken data warehouse performance and innovation to the next level. DATAllegro v3(tm) goes beyond the low cost and high performance of first generation data warehouse appliances and adds the flexibility and scalability that only an open platform can offer. The result is a complete data warehouse appliance that enables companies with large volumes of data to increase their business intelligence. Whether you have a few terabytes of user data or hundreds, DATAllegro's data warehouse appliances deliver a fast, flexible and affordable solution that allows a company's data to grow at the pace of its business. Based in Aliso Viejo, California, DATAllegro has offices throughout the U.S. as well as in Europe. For more information on DATAllegro go to www.DATAllegro.com. ABOUT BULL, ARCHITECT OF AN OPEN WORLD(tm) As one of the leading European IT companies, Bull delivers open, flexible and secure information systems. The group helps public and private sector customers transform their information systems, applying its know-how and expertise in three main areas: * Capitalizing on its extensive mainframe experience, Bull designs and produces robust, innovative and open servers, based on industry-standard technologies; * Building on its alliances with leading ISVs, Bull develops and implements flexible and interoperable application infrastructures which give business processes the freedom to evolve; * Bringing together recognized expertise in end-to-end IT security, Bull secures data and exchanges that are so critical in preserving customers' business integrity. Bull has a particularly strong presence in the public, healthcare, finance, telecommunications, manufacturing and defense sectors. Its distribution network and business partners cover more than 60 countries worldwide. For more information visit: http://www.bull.com DATAllegro is a Trademark of DATAllegro, Inc. NovaScale is a Trademark of Bull SAS. All other trademarks, trade names, service marks, and logos are the property of their respective owners. CONTACT: Bull Press Contact: Anne-Marie Jourdain +33 1 3080 3252 anne-marie.jourdain@bull.net DATAllegro, Inc. Press Contact: Kristin James +1 949 903-2523 kjames@datallegro.com


 

25 September 2007 ARIANA RESOURCES PLC AIM / PLUS Markets: AAU PLACING TO RAISE £933,068 Ariana Resources plc ("Ariana" or "the Company"), the gold exploration company focused on Turkey, is pleased to announce the placing of 23,326,700 new Ordinary Shares of 1 pence each with certain institutional and private investors ("the Placing") at a price of 4 pence per share, raising £933,068 before expenses. One Warrant is issued for every three Ordinary Shares to subscribe for new ordinary shares at a strike price of 8 pence with an exercise period of 3 years. Dr. Kerim Sener, Managing Director, commented: "The level of interest generated by the Placing was beyond expectation with the fundraising well received by new institutional and private investors. The Directors of the Company also supported the Placing. "The additional funds will allow the Company to expand its drilling programme and to increase its current JORC resource to the baseline target of 250,000 oz Au. A formal scoping study will be carried out at Kiziltepe to clarify the options for the development of a gold producing operation. "We welcome our new shareholders and look forward to keeping our investors advised of the Company's progress as we move towards joining the ranks of gold producers". Details of Placing The Placing was undertaken for 23,326,700 ordinary shares (the "Placing Shares") of 1 pence each ("Ordinary Shares") at 4 pence per Ordinary Share and up to 7,775,567 free warrants to subscribe for ordinary shares at a strike price of 8 pence and at an exercise period of 3 years ("the Warrants"). One Warrant will be issued with every three shares. The Placing is conditional upon admission to trading on AIM of the new Ordinary Shares. Application will be made to the London Stock Exchange for the new Ordinary Shares to be issued pursuant to the Placing to be admitted to trading on AIM. It is anticipated that Admission will become effective and dealings will commence on Friday 28 September 2007. The new Ordinary Shares will rank pari passu, in all respects, with the existing Ordinary Shares that are currently traded on AIM. Following admission of these shares, there will be a total of 70,284,062 Ordinary Shares in issue. The warrants will not be listed. All Directors of the Company participated in the Placing, following the announcement of the Company's Interim Results on the 24 September 2007, on the same terms as outlined above: the Directors and related parties have acquired a total of 2,314,200 shares. Following the Placing, the Directors' shareholdings are as follows: +-------------------------------------------------------------------+ | | Placing | Shareholding | Percentage holding | | | Shares | following | of issued shares | | | | Placing | following Placing | |---------------+-----------+--------------+------------------------| | Kerim Sener * | 314,200 | 2,650,000 | 3.77% | |---------------+-----------+--------------+------------------------| | Michael | 1,000,000 | 1,083,333 | 1.54% | | Etheridge | | | | |---------------+-----------+--------------+------------------------| | Michael | 125,000 | 237,500 | 0.33% | | Spriggs | | | | |---------------+-----------+--------------+------------------------| | Michael de | 875,000 | 1,112,500 | 1.58% | | Villiers | | | | +-------------------------------------------------------------------+ * Kerim Sener's shareholding includes shares held by related parties. Contacts: Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish Bankside Consultants Tel: 020 7367 8888 Michael Padley / Louise Davis City Capital Corporation Limited Tel: 020 7842 5867 Charles Dampney King & Shaxson Capital Limited Tel: 020 7426 5986 Nick Bealer Editors' note: About Ariana Resources Ariana is a dynamic exploration company focused on the discovery and development of epithermal gold-silver and porphyry copper-gold deposits with multi-million ounce potential within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of prospective licences covering 1,820km2, selected on the basis of its advanced in-house remote sensing database. The Company's flagship asset is the 235km2 Sindirgi Gold Project, which targets a series of prospects, within a prolific mineralised district in western Turkey. The project hosts over 45km of gold-silver bearing epithermal quartz veins. City Capital Corporation Limited and King & Shaxson Capital Limited are joint brokers to the Company and Beaumont Cornish Limited is the Company's nominated adviser. For further information on Ariana you are invited to visit the Company's website at www.arianaresources.com. Ends ---END OF MESSAGE---


 

25 SEPTEMBER 2007 MONTO MINERALS LIMITED ("Monto" or The "Company") Mr Mark McCauley appointed to Monto Minerals Board The announcement of Mr McCauley's appointment yesterday did not include his appointment this month to the board of Norton Goldfields Limited as a non-executive director. Norton Goldfields Limited is listed on the Australian Securities Exchange (ASX code NGF). Enquiries to: Geoffrey Moore Monto Minerals Ltd +61 (0)7 3034 3100 Richard Brown Ambrian Partners Limited 020 7776 6400 ---END OF MESSAGE---


 

Ericsson (NASDAQ: ERIC) has signed a new frame agreement with leading Bangladeshi operator TMIB to upgrade and expand its EDGE-enabled GPRS/GSM network, and provide mobile broadband services. Under the agreement, Ericsson will provide new radio base stations and mobile softswitch equipment that will enable TMIB to minimize network costs while evolving towards an all-IP network. Software upgrades to increase capacity and network performance will also enable TMIB to add new subscribers simply and efficiently while ensuring a high-quality service for end users. The project includes more than 1000 sites - covering half the country's population - in and between the Dhaka and Chittagong regions. Ericsson will further support TMIB with a comprehensive range of telecommunication services covering turnkey deployment and integration as well as network optimization and tuning. Kamshul Bin Kasim, Managing Director of TMIB, says: "Ericsson has shown itself to be a reliable and committed partner that will help us deliver a superior quality network and richer mobile communications experience to our customers. This strategic partnership will position us to offer a wider range of differentiating services to our end users." Arun Bansal, Managing Director of Ericsson Bangladesh, says: "Ericsson is proud to continue supporting TMIB in bringing the latest mobile technologies to its customers. We are fully committed to supporting TMIB in strengthening its market leadership in Bangladesh, as well as maintaining its competitiveness in the future." Ericsson and TMIB have built a strong partnership since Ericsson made its first GSM/GPRS delivery in 2000, with agreements that support all aspects of the operator's business. Ericsson is shaping the future of mobile and broadband internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at http://www.ericsson.com FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Media Relations Phone: +46 8 719 69 92 E-mail: press.relations@ericsson.com About TM International Bangladesh TM International (Bangladesh) Limited, established in 1996, is a joint venture between Telekom Malaysia Berhad and A.K. Khan & Co. Limited. Operating under the brand name AKTEL, the company is one of the fastest-growing mobile communication companies in Bangladesh and offers comprehensive GSM mobile solutions to more than 6.7 million subscribers. AKTEL boasts the widest international roaming service in the market, connecting 440 operators across 185 countries. About Ericsson softswitch solutions Ericsson is the leading provider of softswitch solutions for both mobile and wireline networks. Ericsson's solutions are commercially proven and fully standards-compliant, offering an efficient and low-risk evolution of existing circuit-switched networks to a telecom-quality, IP-based service platform. Ericsson solutions use network resources in the most cost-efficient way to provide both classic telephony and next-generation services. More than 180 fixed and mobile operators worldwide have commercially launched services based on Ericsson's softswitch solutions.


 

Oslo (2007-09-25): Yara has today released the 2007 edition of its Fertilizer Industry Handbook containing updated information about the fertilizer market and industry. The Yara Fertilizer Industry Handbook is a tool for analysts, investors, journalists and others who would like to understand the fertilizer industry and in particular the parts most relevant for Yara International. The fertilizer industry plays a key role in feeding a growing an increasingly food quality-conscious population. The nitrogen fertilizer industry is covered in detail as this is the most important sector for Yara. The Fertilizer Industry Handbook can be downloaded from Yara's website: http://www.yara.com/en/investor_relations/presentations/fertilizer_handbook/index.htm Contact Torgeir Kvidal, Investor Relations Telephone (+47) 24 15 72 95 Cellular (+47) 91 339 832 E-mail torgeir.kvidal@yara.com Hamed Brodersen, Media Relations Cellular (+47) 40 468 110 E-mail hamed.mozaffari.brodersen@yara.com Yara International ASA is a leading chemical company that converts energy and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of 7,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry. www.yara.com


 

The Chief Executive Officer and Principal Consultant of Web Analytics Demystified, Eric T. Peterson and Satama have concluded a partnership agreement accounting for Satama being one of the two partners in Europe and the only partner covering the Nordic market. The collaboration was announced on September 11th at Restaurant Bank, at an exclusive Web Analytics seminar entitled 'Web Analytics in Performance Marketing'. The event also dealt with the benefits and opportunities of the Web Analytics presented by Mr. Peterson. Web Analytics Demystified is a U.S.-based, strategic consulting group focused on helping companies achieve notable results in sales and marketing through their existing investment in Web Analytics. Also, it is the title of one of the best-selling books on Web Analytics ever published and the name of the most popular blog on the subject of Web Analytics published today. Mr. Peterson is one of the leading authorities on Web Analytics worldwide. As a speaker, author of three books, researcher with Jupiter media and principal consultant with some of the world's top web analytics vendors, his credentials are impeccable. "This partnership recognizes that Satama is truly a world-class player in this space which is reflected by our client base such as Nokia, Pfizer, TeliaSonera, Kone, MTV3 and many more. In practical terms, the partnership means that Satama and Web Analytics Demystified can now share new ideas, push boundaries in developing new, innovative services together and refer clients to each other that otherwise would be difficult to manage due to conflicting time zones. I'm very excited by the prospect of working with him and when the world's leading expert signs the dotted line with you, you know you're doing something right," comments Mikko Isoniemi, Business Unit Director and Senior Consultant of Satama Analytics. "I have followed Satama's rapid development in Web Analytics field for a while now. With a team of nearly 20 specialists covering Web Analytics Consulting, Search Engine Marketing and Market Research, Satama is exceptionally well-positioned in Europe to provide the same quality of consulting support that Web Analytics Demystified clients have come to expect. Furthermore, Satama's accreditation in Google Analytics and experience with WebTrends, Visual Sciences, and Omniture allows the company to deliver on their "performance marketing" message for companies of any size and sophistication. I could not be happier about this partnership and very much look forward to working directly with Satama's world-class clients around the globe," says Eric T. Peterson, The Chief Executive Officer and Principal Consultant of Web Analytics Demystified. . Links: www.webanalyticsdemystified.com Further information: Mikko Isoniemi Business Unit Director, Senior Consultant Satama Interactive Tel: +358 (0)40 746 5188 Email: mikko.isoniemi@satama.com Eric T. Peterson Chief Executive Officer and Principal Consultant Web Analytics Demystified Tel: +1 (503) 282 2601 Email: eric.peterson@webanalyticsdemystified.com About Web Analytics Demystified Web Analytics Demystified, founded in 2007 by Web Analytics Demystified author and former JupiterResearch analyst Eric T. Peterson, provides objective guidance to companies striving to realize the full potential of their web measurement strategy, bridging the gap between technology and business strategy. Web Analytics Demystified provides multi-day strategic consulting engagements, workshops, and staffing support services for companies looking to hire dedicated web analytics professionals. www.webanalyticsdemystified.com


 

Germany's Leading Low-Cost Airline to Drive Higher ROI With Omniture Web Analytics MUNICH, GERMANY--(Marketwire - September 25, 2007) - Omniture, Inc. (NASDAQ: OMTR), a leading provider of online business optimization software, today announced that Germanwings, Germany's leading low-cost airline, has selected Omniture to enhance the booking experience for their customers and increase the effectiveness of the company's online marketing strategies. Using Omniture SiteCatalyst® Web analytics, the company will have insight into the performance of online marketing campaigns in addition to visitor activity, traffic patterns and behavioral trends associated with their site structure and the booking process. In addition, Germanwings will leverage Omniture Discover(TM) to gain real-time insight into Web site visitor segmentation in order to develop highly targeted marketing initiatives and enhance the individual customer experience. With this insight into customer preferences and behaviors, Germanwings can continuously optimize their online effectiveness and increase revenue. "Reporting 550 million Euros in 2006, www.germanwings.com has become the airline portal with the highest revenue in Germany; and in 2007 we want to achieve at least double-digit percent year-on-year revenue growth," said Gregor Schlueter, senior vice president marketing & sales of Germanwings. "To help us achieve that goal, we've selected Omniture to gain the real-time insight we need to understand our customers' buying patterns, allowing us to continuously improve customer experience and extend our service offering." Germanwings uses Omniture's online business optimization software to measure how customers interact with www.germanwings.com and monitor the complete booking process in real-time. With this insight into customer preferences and behaviors, Germanwings can continuously optimize their online effectiveness and increase customer retention. Germanwings will also integrate multi-channel data sources to obtain a complete picture of online and offline campaign performance. "Continuous online business optimization is fundamental to the growth and success of an airline," adds Neil Weston, senior vice president and general manager of Omniture EMEA. "For example, airlines can measure visitor response to marketing campaigns during peak travel seasons and create promotions based on customer activity. They can also determine the most effective site navigation to make sure customers easily find the information they seek, or monitor online bookings to ensure each step of the process is clear and hassle-free." About Germanwings Germanwings is part of EUROWINGS Luftverkehrs AG group, of which Deutsche Lufthansa AG holds 49 percent of the shares. The airline currently operates a fleet of 27 A319s and A320s and will fly more than 60 destinations all over Europe. www.germanwings.com About Omniture Omniture, Inc. is a leading provider of online business optimisation software, enabling customers to manage and enhance online, offline and multi-channel business initiatives. Omniture's software, which it hosts and delivers to its customers as an on-demand subscription service, enables customers to capture, store and analyse information generated by their Web sites and other sources and to gain critical business insights into the performance and efficiency of marketing and sales initiatives and other business processes. In addition, Omniture offers a range of professional services that complement its online services, including implementation, best practices, consulting, customer support and user training through Omniture University(TM). Omniture's more than 2,500 customers include ABN Amro, AOL, Center Parcs, eBay, Thomas Cook, Vodafone Group Services Limited, Waitrose and Yell.com. www.omniture.com Note on Forward-Looking Statements Management believes that certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements regarding the abilities and expected benefits of our services. These statements are based on current expectations and assumptions regarding future events and business performance and involve certain risks and uncertainties that could cause actual results to differ materially, including but not limited to, risks associated with our ability to ensure that our services address the specific requirements of our customers and partners, the continued adoption by customers of our services, including our SiteCatalyst service, the significant capital requirements of the business model, our ability to develop or acquire new services and enhance existing service offerings, risks associated with our acquisition strategy and disruptions in our business and operations as a result of acquisitions, the continued growth of the market for on-demand, online business optimization services, changes in the competitive dynamics of our markets, errors, interruptions or delays in our services or other performance problems with our services, our ability to hire, retain and motivate our employees, the adoption of laws or regulations, or interpretations of existing law, that could limit our ability to collect and use Internet user information, and the blocking or erasing of "cookies"; and such other risks described in Omniture's quarterly report on Form 10-Q for the period ended June 30, 2007, and from time to time in other reports filed by Omniture with the U.S. Securities Exchange Commission. These reports are available on the Investor Relations section of our Web site at http://www.omtr.com. Omniture undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations. Omniture Press Contact Birgit Jordan Jordanize ! Germany: 49 171 221 79 75 Birgit.Jordan@jordanize.com


 

Algeta presents new Phase II clinical trial data at ECCO Oslo, Norway, 25 September 2007 - Algeta ASA (OSE: ALGETA), the Norwegian cancer therapeutics company, today presents new two-year survival data from its Phase II clinical trial with Alpharadin (radium-223) as a treatment for hormone refractory prostate cancer (HRPC). The new clinical data from the Phase II trial involving 64 HRPC patients shows that more than twice as many patients receiving Alpharadin were alive (10 of 33) two years following start of treatment compared to those that receive placebo (4 of 31). Previous data from the trial, presented earlier this year at ASCO and in the Lancet Oncology[1], has also shown that Alpharadin significantly reduces levels of prostate-specific antigen (PSA), a widely recognized biomarker for progression of prostate cancer, and other relevant biomarkers. The treatment regime of four injections of Alpharadin was well tolerated during the 12-week treatment period, and an extended treatment period may further delay disease progression. Algeta's CEO, Dr. Thomas Ramdahl said: "Alpharadin continues to demonstrate a very positive clinical effect in the treatment of prostate cancer and our preparations to begin pivotal Phase III trials with Alpharadin for the treatment of HRPC in 2008 remain on schedule." The clinical data will be presented today in a poster for the first time in Europe at the 14th European Cancer Conference ("ECCO 14": 23-27 September 2007, Barcelona, Spain). A copy of the poster, entitled Placebo-Controlled, Randomized, Phase II study of Radium-223 in Metastatic Hormone Refractory Prostate Cancer (HRPC), is available at www.algeta.com ### For further information, please contact Dr. Thomas Ramdahl, +47 23 00 79 90 / +47 913 91 458 (mob) CEO post@algeta.com Dr. Mark Swallow / Helena +44 (0)207 638 9571 Galilee mark.swallow@citigatedr.co.uk Citigate Dewe Rogerson About Algeta Algeta ASA is a Norwegian cancer therapeutics company built on world-leading, proprietary technology. Algeta is developing new, targeted cancer therapeutics that harness the unique characteristics of alpha particle emitters and are potent, well-tolerated and convenient to use. Algeta's lead product candidate, Alpharadin, is expected to enter Phase III clinical trials in hormone refractory prostate cancer based on positive Phase II results. Alpharadin is a novel bone-seeking therapeutic based on the alpha particle emitter radium-223 and may target skeletal metastases from multiple cancer types, as well as primary bone cancers. Algeta is also developing other technologies for delivering alpha emitters. These include microparticles, liposomes, and methods to enhance the potency of therapeutic antibodies and other tumor-targeting molecules by linking them to the alpha particle emitter thorium-227. The Company is headquartered in Oslo, Norway, and was founded in 1997. Algeta listed on the Oslo Stock Exchange in March 2007 (Ticker: ALGETA). Alpharadin and Algeta are trademarks of Algeta ASA. Forward-looking Statement This news release contains forward-looking statements and forecasts based on uncertainty, since they relate to events and depend on circumstances that will occur in the future and which, by their nature, will have an impact on results of operations and the financial condition of Algeta. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. Theses factors include, among other things, risks associated with technological development, the risk that research & development will not yield new products that achieve commercial success, the impact of competition, the ability to close viable and profitable business deals, the risk of non-approval of patents not yet granted and difficulties of obtaining relevant governmental approvals for new products. ### [1] Bone-targeted radium-223 in symptomatic, hormone-refractory prostate cancer: a randomised, multicentre, placebo-controlled phase II study - Lancet Oncology 2007; 8: 587-594


 

(London, 25 September 2007) - Pharmainvest Master Account LP; one of the funds, under the management of GEM Global Equities Management SA ("GEM"), has purchased 273,363 shares of Eastpharma Ltd. ("Eastpharma") representing approximately 0,40% of the issued share capital of Eastpharma on 24 September 2007. After this purchase, Pharmainvest Master Account LP has increased its holdings to 40,66%, while the funds under the management of GEM, as the controlling shareholders have increased their holdings to 51,93% of the issued share capital of Eastpharma. For further information contact: +---------------------------------------------------------+ | EastPharma Ltd. | Tel.: + 90 (212) 324 4803 | | Mesut Cetin | | | | Fax.: + 90 (212) 324 4777 | | | | +---------------------------------------------------------+ ---END OF MESSAGE---


 

LONDON, United Kingdom: Crew Gold Corporation ("Crew" or "the Company") (TSX: CRU) (OSE: CRU) (Frankfurt: KNC) (OTC-BB-Other; CRUGF.PK) today announced:- Private Placement Closes Reference is made to Crew's press release of September 13, 2007 regarding the receipt of subscriptions in a private placement of common shares. Crew is pleased to report that on September 21, 2007, the company received payment for, and issued 41,922,487 new common shares (the "New Shares") at NOK 9.00 per share (approximately CDN$1.64). The New Shares were issued to Crew's advisors and placement agents for the private placement, ABG Sundal Collier ASA and Pareto Securities ASA, for redelivery to Umoe Invest AS under the stock-lending agreement entered into between the advisors and Umoe Invest AS. The New Shares may not be sold, transferred, hypothecated or otherwise traded on or through the facilities of the Toronto Stock Exchange or otherwise in Canada or to or for the benefit of a Canadian resident for a period of 4 months and 1 day from the issue date. As a consequence, the New Shares will not be registered for trading until the end of this hold period. After the lapse of the 4 months and 1 day period, the New Shares will be registered in the Norwegian Centralized Securities register (VPS) and with the Canadian Depository for Securities Limited and will be admitted to trading on the Oslo Stock Exchange and the Toronto Stock Exchange. THIS IS NOT AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, ANY SECURITIES. THE DISTRIBUTION OF THIS PRESS RELEASE AND THE OFFER AND SALE OF THE SECURITIES IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW. ANY PERSONS READING THIS PRESS RELEASE SHOULD INFORM THEMSELVES OF AND OBSERVE ANY SUCH RESTRICTIONS. THIS IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. NO SECURITIES HAVE BEEN REGISTERED UNDER THE U.S SECURITIES ACT TO BE OFFERED FOR SALE IN THE UNITED STATES. SECURITIES MAY NOT BE OFFERED FOR SALE IN THE UNITED STATES ABSENT REGISTRATION UNDER THE U.S. SECURITIES ACT OR AN EXEMPTION FROM REGISTRATION. ANY PUBLIC OFFERING OF SECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS. Jan A Vestrum President & CEO Safe Harbour Statement This news release contains forward-looking statements which reflect the expectations of management and the board of directors, and are made pursuant to applicable and relevant national legislation (including the Safe-Harbour provisions of the United States Private Securities Litigation Reform Act of 1995) in countries where Crew Gold Corporation is conducting business and/or investor relations. Forward looking statements typically contain words such as "believes", "anticipates", "continue", "could", "expects", "indicates", "plans", "will", "may", "projects", "would" or similar expressions suggesting future outcomes or events, although not all forward-looking statements contain these identifying words. Such forward-looking statements reflect the current beliefs of management and the board of directors based on information currently available to them. Forward-looking statements involve inherent risks and uncertainties, and Crew cautions readers not to place undue reliance on these statements as a number of important factors could cause Crew's actual results to differ materially from the beliefs and expectations expressed in such forward-looking statements. Factors that could cause actual results to differ materially from the results discussed in the forward-looking statements, include, but are not limited to, the factors discussed under the heading "Risks and Uncertainties" in Crew's Annual Information Form dated April 2, 2007, as filed on SEDAR at www.sedar.com. Although the forward-looking statements contained in this news release are based upon what management and the board of directors believes to be current and reasonable assumptions, Crew cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Crew undertakes no obligation to publicly update or revise these forward-looking statements to reflect subsequent events or circumstances. Cautionary Note to US Investors - The United States Securities and Exchange Commission permits US mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured", "indicated", and "inferred" "resources", which the SEC guidelines strictly prohibit US registered companies from including in their filings with the SEC. US Investors are urged to consider closely the disclosure from the SEC's website at http://www.sec.gov/edgar.shtml. --- End of Message --- Crew Gold Corporation Abbey House, Wellington Way, Weybridge Surrey United Kingdom WKN: 226534105 ; ISIN: CA2265301036; ;


 
Hitt og þetta
25. september 2007

Product Launch

Sinclair Pharma plc annonce le lancement des crèmes Atopiclair et Xclair au Royaume-Uni 25 septembre 2007, Godalming, Royaume-Uni. Sinclair Pharma plc, l'entreprise pharmaceutique spécialisée, vient d'annoncer le lancement des crèmes Atopiclair (dermatite atopique/eczéma) et Xclair (dermatite de rayonnement/dommages de la peau subis pendant la radiothérapie) sur le marché britannique par le biais d'Ashbourne Pharmaceuticals (« Ashbourne »), sa société d'exploitation outre-Manche. Ces lancements marquent une nouvelle étape vers l'établissement d'une présence commerciale intégrée de Sinclair en Europe, alors que l'Atopiclair est aujourd'hui vendu par les trois sociétés d'exploitation de la société. Il sera vendu au Royaume-Uni par Ashbourne, en partenariat avec le spécialiste de la dermatologie, Valeant Pharmaceuticals. Le produit, qui est déjà disponible aux Etats-Unis, a été lancé en début d'année sur plusieurs territoires d'Europe continentale par Sinclair et via un accord de distribution commune avec l'Allemand Intendis GmBH. L'Atopiclair est un produit breveté original qui répond aux besoins du marché pour un traitement efficace et non stéroïde de la dermatite atopique, utilisable par les adultes comme par les enfants. Les données issues d'essais cliniques contrôlés et randomisés ont démontré son efficacité en matière de soulagement des démangeaisons, de diminution de la zone affectée par la dermatite atopique et de réduction de l'utilisation de corticostéroïdes topiques[i], [ii]. Ashbourne a également lancé le Xclair, une crème destinée au traitement de la dermatite de rayonnement, une maladie de la peau fréquente lors des radiothérapies et pour laquelle il n'existe actuellement aucun traitement standard. Dr Michael Flynn, directeur général de Sinclair Pharma plc, résume : « L'Atopiclair est aujourd'hui notre produit le plus vendu. Le lancement de ces deux produits Sinclair sur le marché britannique marque une étape importante qui contribuera à établir Sinclair en tant que société pharmaceutique spécialisée, 100 % intégrée. L'Atopiclair et le Xclair répondent tous deux à un besoin encore mal desservi par le marché et ont fait la preuve de leur efficacité sur de nombreux autres territoires : le fait de confier leur commercialisation à nos propres sociétés d'exploitation, plutôt qu'à des partenaires marketing, nous permet par ailleurs de réaliser des marges supérieures. » For further information please contact: Sinclair Pharma plc Tel: +44 (0) 1483 410 600 Dr Michael Flynn, CEO Jerry Randall, CFO Zoe McDougall, Director of Communications Capital MS&L Mary Clark, Halina Kukula Tel +44 (0)20 7307 5340 Notes to Editors: About Sinclair Pharma Plc www.sinclairpharma.com Sinclair Pharma plc is an international specialty pharmaceutical company. It has a growing sales and marketing operation that is already present in France, Italy, UK, Spain and Portugal, and a complementary marketing partner network that spans more than 65 countries. Sinclair has proven expertise in acquiring or developing commercially attractive and undervalued products, registering these products and bringing them to market within a short time frame. The company focuses on niche therapeutic areas and its current portfolio includes products for dermatological conditions and oral health. Ashbourne Pharmaceuticals Ltd Ashbourne Pharmaceuticals is a UK sales and marketing organisation, with a successful track record of co-promoting pharmaceutical products to UK dispensing doctors for more than 20 years. Ashbourne was acquired by Sinclair Pharma plc in September 2006. Dispensing doctors provide dispensary services for patients who live more than one mile from a retail pharmacy. They need to generate an income from these dispensing services in order to cover associated costs. Ashbourne co-promotes specific products to these doctors, also providing them with unique products and services that support their dispensing practice. Dispensing doctors account for an estimated 18% of the UK primary care market by value. With the UK launch of Atopiclair, Ashbourne will be expanding its target customer base to include hospital specialists who might be relevant. Ashbourne will target GPs with a special interest in dermatology, dispensing doctors and targeted hospital specialists. Complementary sales activities to additional hospital specialists will be performed by Valeant. Atopiclair(TM) Atopiclair(TM) is a non-steroidal cream, registered as a medical device in the US and EU, for the management of symptoms of atopic dermatitis and contact dermatitis. It is sold through Sinclair's sales and marketing team in the UK, France and Italy, and is also sold in the US, Spain, Portugal, Turkey, Indonesia, Israel and Jordan. For further product information please visit www.atopiclair.com. Atopic dermatitis (also known as eczema) is one of the most common dermatological complaints and accounts for a large number of physician consultations. It is known to affect approximately 20% of school aged children[iii], [iv], [v]. The prevalence in adults is estimated at 1-3%[vi],[vii]. [i] Boguniewicz, M et al. Une étude clinique multicentre randomisée en double aveugle contrôlée par véhicule, conçue pour examiner l'efficacité et la sécurité du MAS063DP (Atopiclair) dans le cadre du traitement des cas de dermatite atopique légère ou modérée chez les nourrissons et les enfants. Présentée lors de la 65e conférence de l'American Academy of Dermatology (AAD) en février 2007, Washington DC. [ii] Abramovits WA et al. Une étude clinique multicentre randomisée contrôlée par véhicule, conçue pour examiner l'efficacité et la sécurité du MAS063DP (Atopiclair) dans le cadre du traitement des cas de dermatite atopique légère ou modérée chez les adultes. J Drugs Dermatol. 2006; 5(3): 236-244 [iii] Yura A, Shimizu T. . Trends in the prevalence of atopic dermatitis in school children: longitudinal study in Osaka Prefecture, Japan, from 1985 to 1997 Br J Dermatol 2001; 145 (6): 966-73 [iv] Tay YK, Kong KH, Khoo L et al. The prevalence and descriptive epidemiology of atopic dermatitis in Singapore school children. Br J Dermatol 2002; 146 (1): 101-6 [v] Mortz CG, Lauritsen JM, Bindslev-Jensen C, Prevalence of atopic dermatitis, asthma, allergic rhinitis, and hand and contact dermatitis in adolescents. Br J Dermatol 2001; 144 (3): 523-32 [vi] Schultz-Larsen F, Hanifin JM. Epidemiology of Atopic Dermatitis. Immunol Allergy Clin North Am 2002; 22: 1-24 [vii] Ellis CN, Drake LA, Prendergast MM. Cost of Atopic Dermatitis and eczema in the United States. J Am Acad Dermatol 2002; 46 (3): 361-70


 

Camillo Eitzen & Co ASA has on 24th September 2007 extended a forward contract for 10,000,000 shares in Eitzen Chemical ASA. The contract is done at forward price NOK 23.4219 per share with new delivery date 24th March 2008. Total shareholding, including the forward contract, remains unchanged at 85,982,236 shares, totaling 50.05% of the total outstanding number of shares in Eitzen Chemical ASA. Mr. Axel C. Eitzen, Chief Executive Officer of CECO, owns in addition 1,777,800 shares through Eitzen Invest AS, equaling 1.03 % of the issued share capital of the company. Snorre S. Krogstad Chief Financial Officer Tel: +47 67 11 98 44 --- End of Message --- Camillo Eitzen & Co ASA P.O. Box 216 Norway ISIN: NO0010227036; ;


 
Hitt og þetta
25. september 2007

Drilling Report

AIM RELEASE 25th September 2007 Copper zone continues to grow within Discovery's expanding Maun Project The prospect of further expanding the total resource at Discovery Metals Limited's (AIM:DME) 100% owned Maun Copper Project in northwest Botswana has been enhanced by more encouraging results announced today from drilling at the Plutus prospect. Discovery said today that a 5.5km long zone of copper-silver mineralisation at the Plutus prospect had produced further positive results from an ongoing drill program, boosting the potential of this prospect to be potentially mineable via an open pit operation. The Plutus prospect copper-silver mineralisation occurs 10km north of the main Inferred mineral resource on the Maun Project at the Zeta Prospect (27.1Mt @ 1.3% Cu and 21g/t Ag at a 0.6% Cu cut-off) and 5km northeast of the Petra Inferred mineral resource (4.5Mt @ 1.1% Cu at a 0.6% Cu cut-off) (Figure One). Drilling at Plutus has concentrated on defining mineralisation able to be extracted in an open pit with the majority of drill holes less than 120m vertical depth (Figure Two). "Drilling completed by Discovery throughout 2007 has already increased total copper resources on our Maun Project by 58% to 31.6Mt @ 1.3% Cu at a 0.6% Cu cut-off (JORC - Inferred)," Discovery's Managing Director, Mr Jeremy Read, said today. "If an Inferred mineral resource can be defined at the Plutus prospect, this resource will add significantly to the existing Maun Project resource base," Mr Read said. "The recent drill results show that the Plutus mineralisation is very similar to the Zeta mineralisation in that there appears to be a high grade zone of mineralisation within a broader envelope of mineralisation grading around 1% Cu," he said. "The drilling we are doing at Plutus is quite broad spaced, on 500m sections, but we are starting to get a feel for where the high grade zones are and these zones seem to grade in between 1.6-2.3% Cu. "Infill drilling will be required at Plutus to more accurately define where the higher grade mineralisation is but there seems to be emerging a higher grade zone in the north of the prospect and one towards the south of the Plutus mineralised zone," Mr Read said. Plutus drilling highlights * Drilling has confirmed that the highest grade mineralisation occurs on the footwall/hanging wall contact with grades up to 2.6% Cu being recorded; * The copper-silver mineralisation in recent drilling has averaged 6m thick; * The grade of the mineralisation appears to be increasing to the southwest towards historical hole ZP029 which intersected 6.4m @ 1.6% Cu; * The mineralisation is open to the southwest of historical hole ZP010 which intersected 5.2m @ 1.1% Cu and drilling is currently underway to extend the mineralisation is this direction. Plutus Prospect Drilling The Plutus prospect occurs five kilometres to the northeast of the Petra Inferred Mineral Resource where a series of historical diamond drill holes intersected >1.5% Cu over a strike length of 5km. The historical copper intersections include ZP021 which intersected 12.8m @ 1.6% Cu from 158m (137 m below the surface) and ZP029 which intersected 6.4m @ 1.6% Cu from 152m (132 m below the surface. In order to determine the extent of the shallow copper-silver mineralisation intersected in the historical drill holes, Discovery Metals initially completed 18 RC/diamond drill holes on 500m spaced sections covering 5km of strike. An additional hole was added on section 37,600N. With the recent recommencement of drilling at Plutus a further two holes are planned to investigate the extension to the southwest of the Plutus mineralisation. Of the initial eighteen holes completed copper-silver mineralisation was intersected in seventeen holes. The initial drill hole results were announced on 23rd of August when the results from holes PD017-07 to PD022-07 were announced. The results from a further six holes, PD023-07 to PD028-07, have been received and are detailed below. Section 40,650N On Section 40,650N, PD023-07 intersected a thicker mineralised interval of 10m @ 0.8% Cu and 33g/t Ag from 64m including a higher grade section of 4m @ 1.3% Cu and 36g/t Ag from 70m (Figure Three). PD024-07 was drilled underneath PD023-07 and intersected only a thin interval of 1m @ 0.4% Cu and 46g/t Ag. This intersection shows that on this section the mineralisation thickens as it nears the surface which is positive from an open pit mining point of view. The intersection in PD024-07 is quite unusual as despite having a lower copper assay value the silver grade is amongst the highest recorded on the project at 46g/t Ag. Section 40,150N On Section 40,150N holes PD025-07 and PD026-07 were drilled (Figure Four). The results from these holes indicate that the mineralisation is better at depth recording an intersection of 7.1m @ 1.2% Cu and 14g/t Ag in hole PD026-07. This higher grade section appears to correspond with hole PD023-07 on section 40,650N, 500m to the north, suggesting that the better grade mineralisation plunges shallowly to the southwest. Section 39,650N On Section 39,650N holes PD028-07 and PD027-07 were drilled (Figure Five). The dip of the mineralisation has increased significantly on this section to 78o from 62o on Section 40,650N. Consequently, the deeper hole on the section (PD028-07) intersected the mineralised horizon at an increased depth of 179m down hole. The higher grade intersection in this hole corresponds with the higher grade intersection in hole PR026-07 and again suggests that the better grade mineralisation plunges to the southwest. The drilling at Plutus has consistently shown the higher grade copper intersections occur very close to the footwall/hangingwall contact and that these intersections plunge shallowly to the southwest. Furthermore, as the mineralisation trends to the southwest it increases in dip from 62o to 78o NE. The section 500m southwest of Section 39,650N included historical hole ZP029 which intersected 6.4m @ 1.6% Cu from 152 m depth. Discovery drilled hole PR029-07 on this section to determine how the grade of the mineralisation varies up and down dip on this section. The results of this hole are yet to be received. Results from seven holes on four 500m spaced sections are still to be received. These four sections cover a further 2 strike/km of the Plutus Prospect. An additional section 500m further southwest is currently being drilled in order to determine the south-western extent of the Plutus copper-silver mineralisation. The results from these drill holes are expected within the next month. The information in this report as it relates to Mineral Resources was compiled by Mr. Jason Hosken and Mr. Stefan Mujdrica, who are Members of The Australasian Institute of Mining and Metallurgy. Mr Hosken and Mr Mujdrica are full time employees of Snowden Mining Industry Consultants. Mr Mujdrica has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". The information in this report that relates to Exploration Results is based on information compiled by Mr. Jeremy Read who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Read is a full-time employee of the Company. Mr. Read has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Read, Mr Hosken and Mr Mujdrica consent to the inclusion in the report of the matters based on information provided by them and in the form and context in which it appears. Table One - Drill Holes Results from the Plutus Prospect Northing Easting Total Min. Min. Assay Results Down Drill (m) (m) Section Dip/Azi Depth Hole Hole WGS84 WGS84 Number (m) From To (0.3% Cu cut-off) SUTM34 SUTM34 (m) (m) PD017-07 7728599 706348 43150mN -58 to 112.21 104 108 4.0m @ 1.5% Cu, 3g/t Ag & 0.1% 140' Mo ZP033* 7728659 706302 43150mN -60 to 174.85 170.9 174.1 3.2m @ 1% Cu 140' 100 105 5.0m @ 1.2% Cu, 15g/t Ag & -58 to 0.01% Mo PD018-07 7728311 705945 42650mN 140' 120.07 including 101 105 4.0m @ 1.4% Cu, 18g/t Ag & 0.01% Mo 158 170.8 12.8m @ 1.6% Cu ZP021* 7728363 705908 42650mN -60 to 171.32 including 140' 164 168 4m @ 2.5% Cu 92 99 7.0m @ 1.2% Cu, 17g/t Ag & PD019-07 7727998 705533 42150mN -60 to 106.33 0.1% Mo 140' including 95 99 4.0m @ 1.7% Cu, 24g/t Ag 165 176 11.0m @ 1% ZP032* 7728052 705503 42150mN -60 to 177.00 including 140' 170.8 176.2 4m @ 1.4% Cu -60 to 29 33 4m @ 1.4% Cu & 17g/t Ag PD020-07 7727698 705160 41650mN 140' 45.00 including 30 33 3m @ 1.7% Cu & 19g/t Ag 111 118 7.0m @ 1.3% Cu, 14g/t Ag & -60 to 0.06% Mo PD021-07 7727756 705117 41650mN 140' 124.15 including 115 118 3.0m @ 1.75% Cu, 21g/t Ag & 0.1% Mo 29 33 4.0m @ 1.4% Cu & 17g/t Ag ZP006* 7727477 704617 41150mN -60 to 147.32 including 140' 30 33 3.0m @ 1.7% Cu & 19g/t Ag 63 72 9m @ 0.8% Cu, 5g/t Ag & 0.1% -60 to Mo PD022-07 7727465 704732 41150mN 140' 78.54 including 67 70 3m @ 1.2% Cu, 7g/t Ag & 0.08% Mo * Indicates historical drill hole Table One (Continued) - Drill Holes Results from the Plutus Prospect Northing Easting Total Min. Min. Geochemical Results Down Drill (m) (m) Section Dip/Azi Depth Hole Hole WGS84 WGS84 Number (m) From To (m) (0.3% Cu cut-off) SUTM34 SUTM34 (m) 64 74 10m @ 0.8% Cu, 33g/t Ag & -60 to 0.07% Mo PD023-07 7727181 704309 40650mN 140' 85.36 including 4m @ 1.3% Cu, 36g/t Ag & 0.1% 70 74 Mo PD024-07 7727232 704257 40650mN -60 to 151.20 141 142 1m @ 0.4% Cu, 46g/t Ag & 0.03% 140' Mo 58 59 1m @ 1% Cu PD025-07 7726897 703883 40150mN -60 to 74.98 and 140' 63 64 1m @ 1.4% Cu, 12g/t Ag & 0.4% Mo 137 144.1 7.1m @ 1.2% Cu, 14g/t Ag & -60 to 0.06% Mo PD026-07 7726951 703842 40150mN 140' 148.24 including 144.1 3.1m @ 2.6% Cu, 32g/t Ag & 141 0.1% Mo -60 to 90 97 7m @ 0.6% Cu & 3g/t Ag PD027-07 7726666 703431 39650mN 140' 100.12 including 96 97 1m @ 1.6% Cu &14g/t Ag 182.4 7.4m @ 1% Cu, 9g/t Ag & 0.05% -60 to 175 Mo PD028-07 7726716 703401 39650mN 140' 187.28 179 182.4 3.4m @ 1.8% Cu, 20g/t Ag & 0.1% Mo -60 to 151.75 158.15 6.4m @ 1.6% Cu ZP029* 7726371 702939 39100mN 140' 165.00 including 152.25 156.85 4.6m @ 1.9% Cu 7726309 703001 39100mN -60 to 85.18 Assays Pending PD029-07 140' 76.13 79.17 38600mN -60 to Assays Pending PD033-07 7726011 702589 140' 90.9 80.75 85.96 38600mN -60 to Assays Pending PD034-07 7726079 702538 140' 166.11 159.17 162.15 38100mN -60 to Assays Pending PD035-07 7725719 702177 140' 94.2 78.9 87.67 38100mN -60 to Assays Pending PD201 7725752 702148 140' 130.61 124.93 127.28 37600mN -60 to Assays Pending PD202 7725411 701784 140' 107.67 94.28 101.61 37600mN -60 to Current Drill hole PD203 7725456 701747 140' -60 to 255.2 260.4 5.2m @ 1.1% Cu ZP010* 7725563 701657 37600mN 140' 263.19 including 257 259.2 2.2m @ 1.4% Cu * Indicates historical drill hole NOTE: For further information contact Jeremy Read Managing Director Tel: +617 3218 0202 Mobile: 0409 484322 Email: jeremy@discoverymetals.com.au Jamie Wright RFC Corporate Finance Ltd (Nomad) Tel: +618 9480 2508 Email: Jamie.Wright@rfc.com.au Richard Hail Fox-Davies Capital Ltd (AIM Broker) Telephone: +44(0) 20 7936 5200 Email: Richard.Hail@fdcap.com Further information on the Company is available on its website: www.discoverymetals.com.au ---END OF MESSAGE---


 

Sales office to intensify focus on regional opportunities Mahwah, New Jersey, USA and Martinsried/Munich, Germany. September 25, 2007. ADVA Optical Networking today announced the opening of an office in Gurgaon, near New Delhi, India, to better serve its existing and potential customers in that country. "India's market for optical systems was worth roughly $200 million in 2004, but I expect to see this expand to nearly $500 million by 2011," commented Matt Walker, Senior Analyst with Ovum-RHK's Network Infrastructure group. "There continues to be strong build out of backbone, core and edge infrastructure in India, whose huge population and large base of multinational companies are vastly underserved by the telcos. Fast-moving, competitive service providers are installing infrastructure and leap-frogging several generations of technology to roll out the latest equipment and services across the country. Incumbent operators and utilities are also extending their networks to keep up with demand and the competition. India will remain an exciting, high-growth optical market for at least several years." Worldwide, end users continue to drive video across the network, while enterprises push growing amounts of data on a regular basis. In India, service providers are building out core infrastructure to increase teledensity in the country, driving terrestrial and mobile telephony services into remote areas and responding to demand for broadband connectivity in urban areas. Along with such rapid development comes the fundamental need for high-capacity networks to provide backhaul services for Digital Subscriber Line (DSL) and mobile services. The foundation for these high-capacity, next-generation networks is Wavelength Division Multiplexing (WDM) technology, combined with carrier-class intelligent Ethernet access technology. ADVA Optical Networking provides an innovative combination of Optical+Ethernet technologies that form the foundation for tomorrow's next-generation networks. The ADVA Fiber Service Platform delivers the flexibility, scalability and optimal solutions required by carriers facing rapid network development, like those in India. "The Indian market is expanding at an exciting pace," said Michael Donhauser, Managing Director of ADVA Optical Networking Asia-Pacific. "From carrier backbones to enterprise backbones to mobile infrastructure and access networks, the incumbents and a large number of new, alternative operators are competing hard to connect a fast-growing population demanding new services. Our new office in India allows us to be in the middle of this hot market to offer advanced, innovative solutions from a location close to the customer." ADVA Optical Networking's New Delhi office is one of 20 globally that together employ close to 1,000 professionals. The new office is located at GF#4 JMD Pacific Square, Gurgaon Haryana, India 122001. The main telephone number is +91 1244 1176 05. For more information on the ADVA Fiber Service Platform, please visit: http://www.advaoptical.com/default.aspx?id=99. # # # ABOUT ADVA OPTICAL NETWORKING ADVA Optical Networking (FSE: ADV) is at the forefront of providing Optical+Ethernet solutions that advance next-generation networks for data, storage, voice and video services. Our company's strength comes from passionate and dedicated employees, all sharing a common vision: a fast, customized response to customers' ever-changing needs. Our innovative Fiber Service Platform (FSP) and strong customer focus provide carriers and enterprises the ability to scale their networks and deliver intelligent, competitive new services. ADVA Optical Networking's solutions have been deployed at more than 200 carriers and 10,000 enterprises around the world. For further information about ADVA Optical Networking: www.advaoptical.com. PUBLISHED BY: ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany ADVA Optical Networking Inc., Mahwah, New Jersey, USA ADVA Optical Networking Singapore Pte. Ltd., Singapore www.advaoptical.com FOR PRESS: Christine Keck t +1 201 258 8293 (U.S.) t +44 1904 699 358 (Europe) t +65 6562 8149 (Asia) public-relations@advaoptical.com FOR INVESTORS: Wolfgang Guessgen t +1 201 258 8300 (U.S.) t +49 89 89 0665 940 (Europe) t +65 6562 8149 (Asia) investor-relations@advaoptical.com --- End of Message --- ADVA AG Optical Networking Campus Martinsried, Fraunhoferstr. 9a Martinsried/Munich Germany WKN: 510300; ISIN: DE0005103006 ; Index: CDAX, Prime All Share, TECH All Share, TecDAX; Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Amtlicher Markt in Börse Stuttgart, Prime Standard in Frankfurter Wertpapierbörse, Amtlicher Markt in Bayerische Börse München, Amtlicher Markt in Börse Berlin, Amtlicher Markt in Hanseatische Wertpapierbörse zu Hamburg, Amtlicher Markt in Niedersächsische Börse zu Hannover, Amtlicher Markt in Börse Düsseldorf;


 

Corio has signed a turnkey agreement for the acquisition of shopping centre Newport Nesselande in Rotterdam. The acquisition price is approximately ¤ 30 million (including acquisition costs). The shopping centre will comprise approximately 10,000 m2 lettable area and is expected to be delivered in the second half of 2009. Newport Nesselande shopping centre will be built in the new VINEX location (site designated by the government for future urban development) in the Nesselande district of Rotterdam. It forms part of the 'Newport Nesselande' project which will include, besides shops and recreational amenities, 464 homes and a car park for 635 cars. Corio acquires the shopping centre from Multi Vastgoed. Nesselande lies to the northeast of Rotterdam, between the A20 motorway and lake Zevenhuizerplas. Nesselande enjoys an extremely favorable location, given the proximity of the Green Heart, on the one hand, and the city centre of Rotterdam and arterial roads, on the other. Nesselande will be easily accessible by car and have excellent links to the rest of Rotterdam by means of the underground. Through the creation of three parks, the doubling in size of lake Zevenhuizerplas and the addition of many facilities, Nesselande will become a high quality new residential, retail and recreational area. With the acquisition of Newport Nesselande, Corio has further strengthened its position in the Rotterdam region (Alexandrium I is already part of the portfolio). In the shopping centre, approx. 7,000 m2 is designated for day-to-day shopping (including two supermarkets) and a range of non-food shops. In addition, its location along a boulevard with a broad urban beach and parks close by offers excellent opportunities for leisure amenities (approx. 3,000 m2) such as catering outlets and a health club. The project, with an investment value of approx. ¤ 30 million, will be transferred from the variable to the fixed pipeline of Corio. Upon completion, the project is expected to generate a net yield at least equal to the current portfolio average in the Netherlands. After undergoing a complete renovation, the Atria office building at Prof. Meijerslaan 2 in Amstelveen is to be let to the Vereniging VU - Windesheim (Vrije Universiteit of Amsterdam) from 1 October 2007 for a period of 10 years. The property, with a lettable floor area of 6,877 m2 and 1,200 parking spaces, is now fully let and the tenant will start paying rent that is in line with the current market as from 1 October 2007. This is the fifth office property of Corio that, after it became vacant, was successfully renovated, with a prompt letting as a result.


 

- 2007 TECHNOLOGY INNOVATION WINNER FOR DISCOVERING AND DEVELOPING ALISKIREN AS MAJOR BREAKTHROUGH FOR TREATMENT OF HYPERTENSION - Basel/Switzerland and Bridgewater NJ/USA, 24 September 2007 Speedel (SWX: SPPN) today welcomed the announcement that Speedel and Novartis have won the overall Gold Award in the seventh annual Wall Street Journal contest for Technology Innovation. This Gold Award was given to both companies for their work in discovering and developing SPP100 (aliskiren) the first direct renin inhibitor for treating hypertension. The compound received regulatory approval in 2007 in the US, Europe and Switzerland where it is marketed by Novartis under the trade names Tekturna[1] and Rasilez[2] respectively. The Wall Street Journal received over 800 applications for these awards, and then narrowed the field down to about 150 entries which were reviewed by a distinguished panel of judges from business, research, and academic organisations. To qualify, technologies had to constitute a breakthrough from traditional methods, not just an incremental improvement. There was an overall Gold Silver and Bronze Award across all entries. Awards were all also made for each of the twelve categories reviewed, including the Medical/Biotech sector which Speedel and Novartis also won. Dr. Alice Huxley, CEO, said: "We are delighted to win this prestigious award. The successful collaboration between Speedel and Novartis is a wonderful example of the dynamism and innovation of a small biotech being complemented with the development resources and marketing power of a global pharmaceutical company. For over forty years the medical community has been waiting for a compound to directly inhibit renin as a key protagonist in causing high blood pressure, and finally in 2007 SPP100 (aliskiren) was successfully brought to patients." SPP100 (aliskiren) was discovered by scientists at Ciba Geigy in the early 1990s and taken through pre-clinical testing. In 1999 Speedel in-licensed the compound from Novartis and developed it through 18 clinical Phase I and Phase II trials in about 500 subjects. Speedel was the first company to demonstrate in man that a direct renin inhibitor could effectively and safely lower blood pressure. In addition Speedel was the first company to overcome the traditionally high manufacturing costs of producing renin inhibitors by designing, developing and implementing a new synthetic route for the cost-effective production of SPP100 on a commercial scale. As a result of these achievements Novartis exercised a license-back option for the compound in 2002. Novartis has since taken the compound through extensive Phase III clinical development in about 8,000 patients and received regulatory approval for the drug in the US and EU as a monotherapy and in co-administration with other anti-hypertensives. Hypertension is a leading cause of cardiovascular disease, the world's No 1 killer. There is a clear unmet medical need in this therapeutic area with more than 40% of treated patients not achieving control levels for their high blood pressure - even when using existing therapies. The Lancet published an editorial on 17 August which stated that: "The risk of becoming hypertensive during lifetime exceeds a staggering 90% for a person in a developed country." The editorial also observed that: "The increasingly common combination and interaction of obesity, diabetes, hyperlipidaemia and high blood pressure, if left untreated for too long, leads to cardiovascular disease, stroke, renal failure, dementia, and ultimately death. Worldwide, the estimated number of adults with hypertension was 972 million in 2000; 639 million live in developing countries. By 2025, the total number is expected to increase to 1.56 billion." [3] Speedel remains at the forefront of research and clinical development of next generation direct renin inhibitors with SPP635 in Phase IIa, SPP1148 in Phase I and others in pre-clinical development. The Wall Street Journal Gold Award for Technology Innovation highlights Speedel's long standing commitment to direct renin inhibition as the potential gold standard therapy for treatment of hypertension and other related disorders. About SPP100 (aliskiren, Tekturna/Rasilez[4] ) SPP100 (aliskiren, Tekturna/Rasilez) is the first-in-class oral direct renin inhibitor. The development of SPP100 is the result of over 20 years of research on renin. Renin is the rate-limiting enzyme at the top of the Renin Angiotensin System (RAS), one of the key regulators of blood pressure. The RAS is a cascade, starting with renin, leading to angiotensin I and finally to angiotensin II. Angiotensin-converting enzyme inhibitors (ACE-Is) and angiotensin II receptor antagonists (ARBs) have been developed to block this system "down stream" and have shown clinical efficacy in patients with hypertension and other cardiovascular diseases. By inhibiting renin at the top of the RAS, SPP100 decreases the system's activity, as measured by plasma renin activity (PRA). Lowering PRA is believed to be very important in end-organ protection (e.g. heart and kidney). PRA is an independent risk factor and direct surrogate marker for several cardio-renal diseases, such as myocardial infarction and chronic renal disease. Direct renin inhibitors lower PRA whereas most current leading anti-hypertensive drug classes such as ACE-Is and ARBs increase PRA levels. Speedel in-licensed SPP100 from Novartis in 1999 and successfully completed 18 clinical trials, through Phase I and II in about 500 patients and healthy volunteers. Based on the results generated during this programme, Novartis exercised a license-back option in 2002, and subsequently Novartis started trials with SPP100 in Phase III as monotherapy for hypertension and in Phase IIb as combination therapy. Regulatory approval was given by the US FDA in March 2007 and by the EU in August 2007. Speedel believes that it is the first company to establish successfully a clinical proof of concept in Phase II and to have developed and filed for patent protection a commercially viable manufacturing process for a renin inhibitor, an area of industry research for over 20 years. In a Phase II study of 200 patients conducted by Speedel, it was demonstrated that SPP100 achieves dose-dependent blood pressure reduction. The study also showed that 150mg and 300mg SPP100 once daily were comparable to Losartan 100mg, which is double the usual starting dose of this ARB (Stanton, Jensen, Nussberger, O'Brien, Hypertension.2003; 42: 1137-1143). About Speedel Speedel is a public biopharmaceutical company that seeks to create value for patients, partners and investors by developing innovative therapies for cardiovascular and metabolic diseases. Speedel is a world leader in renin inhibition, a promising new approach with significant potential for treating cardiovascular diseases. Our lead compound SPP100 (Tekturna/Rasilez[5] ), the first-in-class direct renin inhibitor, was in-licensed from Novartis in 1999 and licensed-back to Novartis Pharma in 2002 for further development and commercialisation; SPP100 was approved by the FDA in the US in March 2007, and by the EMEA in the EU in August 2007. Our pipeline covers three different modes of action, and in addition to SPP100, includes SPP301 in Phase III (on hold), SPP200 in Phase II, SPP635 in Phase Il, SPP1148 in Phase I and several pre-clinical projects. Speedel develops novel product candidates through focused innovation and smart drug development from lead identification to the end of Phase II. We either partner with big pharma for Phase III and commercialisation in primary-care indications, or we may ourselves complete Phase III development in specialist indications. Candidate compounds for development and the company's intellectual property come from our late-stage research unit Speedel Experimenta and from in-licensing. Our team of approximately 70 employees, including over 30 experienced pharmaceutical scientists, is located at our headquarters and laboratories in Basel, Switzerland and at offices in New Jersey, USA and Tokyo, Japan. In January 2007 the company raised gross proceeds of CHF 55.5 million (approximately EUR 34.3 million or USD 44.5 million) through a convertible bond issue. In March 2006 the company raised gross proceeds of CHF 83.95 million (approximately EUR 53m or USD 64m) through the public offering of 500,000 treasury shares. Previously, as a private company, we raised gross proceeds of CHF 255 million (approximately EUR 157 million or USD 204 million) from private placements of equity securities and two convertible loans including the conversion premiums. We have had total revenues, principally from milestone payments, of CHF 57.7 million (approximately EUR 37 million or USD 44 million). The company's shares were listed in September 2005 on the SWX Swiss Exchange under the symbol SPPN. Forward looking statements This press release includes forward-looking statements that involve substantial risks and uncertainties. These forward-looking statements are based on our current expectations and projections about future events. All statements, other than statements of historical facts, regarding our strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. The word "may" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations described in these forward-looking statements and you should not place undue reliance on them. There can be no assurance that actual results of our research and development activities and our results of operations will not differ materially from these expectations. Factors that could cause actual results to differ from expectations include, among others: our or our partners' ability to develop safe and efficacious products; our or our partners' ability to achieve positive results in clinical trials; our or our partners' ability to obtain marketing approval and market acceptance for our product candidates; our ability to enter into future collaboration and licensing agreements; the impact of competition and technological change; existing and future regulations affecting our business; changes in governmental oversight of pharmaceutical product development; the future scope of our patent coverage or that of third parties; the effects of any future litigation; general economic and business conditions, both internationally and within our industry, including exchange rate variations; and our future financing plans. -- Ends -- [1] Tekturna/Rasilez® are Novartis trademarks [2] Tekturna/Rasilez® are Novartis trademarks [3] The Lancet: 2007; 370:539 [4] Tekturna/Rasilez® are Novartis trademarks [5] Tekturna/Rasilez® are Novartis trademarks For further information please contact Nick Miles Director Communications & Investor Relations Speedel Hirschgässlein 11 CH - 4051 Basel Switzerland T +41 (0) 61 206 40 00 D +41 (0) 61 206 40 14 F +41 (0) 61 206 40 01 M +41 (0) 79 446 25 21 E nick.miles@speedel.com www.speedel.com Frank LaSaracina Managing Director Speedel Pharmaceuticals Inc 1661 Route 22 West P.O. Box 6532 Bridgewater, NJ 08807 United States of America T +1 732 537 2290 F +1 732 537 2292 M +1 908 338 0501 E frank.lasaracina@speedel.com www.speedel.com


 

TietoEnator Corporation Stock Exchange announcement 24.9.2007 Tietoenator corporation's share repurchase 24.9.2007 In the Helsinki Stock Exchange Trade date 24.9.2007 Bourse trade BUY Share TIE1V Amount 45.000 Shares Total cost 725.262,78 EUR Average price/share 16,1170 EUR Highest price/share 16,37 EUR Lowest price/share 16,02 EUR TietoEnator Corporation now holds a total of 2.116.650 TIE1V shares including the shares repurchased on 24.9.2007 On behalf of TietoEnator Corporation NORDEA BANK FINLAND PLC Petri Simberg Jarkko Järvinen


 

Munich, 24th September 2007: The ce GLOBAL SOURCING AG, Munich, a world wide operating independent distributor of electronic components, expands its existing activities by the new business area IT-consulting with the founding of the ce SOFTWARE SOLUTIONS GmbH. The 51% affiliated company "ce SOFTWARE SOLUTIONS GmbH" will include the business of the newly acquired Kasper Consulting AG as well as the subsidiary IQS GmbH. These companies both focus on IT consulting and software development. The core competence of the new company will be in the areas of SAP consulting, project management, workflow & office automation, engineering consulting and professional service for implementation and integration of IT projects. Therewith, the new division starts with 30 qualified employees, a good volume of orders and first-class references of customers. The acquired company comes with market positioning and history of more than fifteen years. Michael Negel, CEO of ce GLOBAL SOURCING AG: "Besides our existing business areas direct-brokerage and eCommerce-brokerage as well as franchise distribution, with the new IT-consulting division we will create a fourth promising and fast growing main pillar. At the same time we take the first step in the commercialization of software products for semiconductors. In this area we recently acquired the rights of sale for chip-software '"CAPS" from Partminer Information Services. The new employees in the division of IT consulting in the two branches in Munich and Seligenstadt are highly qualified specialists and we are happy to welcome them in the ce-Group." According to a study of the Lünedock GmbH the German IT consulting market will grow by a yearly average of approximately 10 % until 2011. Service For additional information please contact ce GLOBAL SOURCING AG, Investor Relations, Tel.: +49 (89) 139 2889 - 0, Fax: +49 (89) 9971 - 1010, Email: ir@ce-global.de End of company news


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Tisbury Capital Management | | | LLP | |------------------------------------+------------------------------| | Company dealt in | Imperial Chemical Industries | | | Plc | |------------------------------------+------------------------------| | Class of relevant security to | | | which the dealings being | 100p ordinary | | disclosed relate (Note 2) | | |------------------------------------+------------------------------| | Date of dealing | 21 September 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |--------------------------------+-------------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (1) Relevant securities | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (2) Derivatives (other than | | | | | | options) | 2,500,000 | 0.210 | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (3) Options | | | | | | and agreements to | | | | | | purchase/sell | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | Total | 2,500,000 | 0.210 | | | | | | | | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of | Long | Short | | relevant security: | | | | | | | |-------------------------------------+--------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (1) Relevant securities | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (2) Derivatives (other than | | | | | | options) | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (3) Options | | | | | | and agreements to purchase/sell | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | Total | | | | | | | | | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------+ | Class | Details | | of relevant security: | | | | | |-----------------------+---------| | | | +---------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +--------------------------------------------+ | Purchase/sale | Number of | Price per | | | securities | unit (Note 5) | |---------------+------------+---------------| | | | | | | | | |---------------+------------+---------------| | | | | +--------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short | Number of securities | Price per | | name, | (Note 6) | (Note 7) | unit (Note 5) | | e.g. CFD | | | | |----------+------------+---------------------------+---------------| | CFD | Long | 2,500,000 | 644.0000 GBp | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +----------------------------------------------------------------------------------------+ | Product |Writing, selling, |Number of |Exercise|Type, e.g.|Expiry |Option money | | name, |purchasing, varying|securities |price |American, |date |paid/received | |e.g. call|etc. |to which the| |European | |per unit (Note| | option | |option | |etc. | |5) | | | |relates | | | | | | | |(Note 7) | | | | | |---------+-------------------+------------+--------+----------+----------+--------------| |Long call| | | | | | | | option | Selling | 2,500,000 | 550 | American |21/09/2007| 94.00 GBp | |---------+-------------------+------------+--------+----------+----------+--------------| |Long call| | | | | | | | option | Selling | 9,000,000 | 700 | American |21/09/2007| 0.00 GBp | |---------+-------------------+------------+--------+----------+----------+--------------| |Long put | | | | | | | | option | Selling | 6,000,000 | 580 | American |21/09/2007| 0.00 GBp | |---------+-------------------+------------+--------+----------+----------+--------------| | Short | | | | | | | | call | | | | | | | | option | Purchasing | 9,000,000 | 660 | American |21/09/2007| 0.00 GBp | |---------+-------------------+------------+--------+----------+----------+--------------| |Short put| | | | | | | | option | Purchasing | 6,000,000 | 640 | American |21/09/2007| 0.00 GBp | +----------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note | | | | 5) | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, | | arrangement or understanding between the person disclosing and | | any other person | | relating to the voting rights of any relevant securities under | | any option | | referred to on this form or relating to the voting rights or | | future | | acquisition or disposal of any relevant securities to which any | | derivative | | referred to on this form is referenced. | | If none, this should be stated. | |-------------------------------------------------------------------| | | | None | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date | | | of disclosure | 24/09/2007 | |------------------------------------------------+------------------| | Contact | | | name | Julien Naginski | |------------------------------------------------+------------------| | Telephone | | | number | +44 20 7268 8642 | |------------------------------------------------+------------------| | If a connected EFM, name of offeree/offeror | | | with | | | which connected | | |------------------------------------------------+------------------| | If | | | a connected EFM, state nature of connection | | | (Note 10) | | +-------------------------------------------------------------------+ Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk ---END OF MESSAGE---


 

24 September 2007 15.00 BST Faroe Petroleum plc ("Faroe Petroleum", or "Faroe") Appraisal of Breagh Discovery in the UK North Sea Faroe Petroleum, the independent oil and gas company focusing on exploration, appraisal and production in the Atlantic Margin, the North Sea and Norway, is pleased to announce that the Breagh appraisal well is scheduled to spud tomorrow Tuesday 25th, September 2007. The Breagh well is located on Block 42/13 and targets a large Carboniferous gas prospect. Faroe holds a 10-percent working interest in this block which is operated by Sterling Resources. Initial results from this well are expected around the end of October and if successful, testing would take place thereafter. Enquiries: Faroe Petroleum plc Graham Stewart Tel: 01224 652 810 gstewart@faroe-petroleum.com Financial Dynamics Billy Clegg Tel: 0207 269 7157 billy.clegg@fd.com ---END OF MESSAGE---


 

Demonstration of PBT Interoperability at Carrier Ethernet World Congress Geneva, Switzerland September 24 - 28 GENEVA, SWITZERLAND -- (MARKET WIRE) -- 09/24/07 -- The world's largest and most diverse Carrier Ethernet multi-vendor interoperability demonstration will feature PBB and PBT technology pioneered by Nortel(1) (TSX: NT)(NYSE: NT). At the Carrier Ethernet World Congress (CEWC), September 24 to 28, Nortel will join members of the Carrier Ethernet Ecosystem including ANDA Networks(2), Extreme Networks(2), Gridpoint Systems(2), Hammerhead Systems(2), Ixia(2), RAD Data Communications(2), Soapstone Networks(2), Spirent Communications(2) and TPACK(2) to demonstrate the cost benefits and interoperability of Carrier Ethernet technology. In total, some 24 leading vendors participated in the event, believed to be one of the largest of its kind to date. Carrier Ethernet delivers simple, cost-effective Ethernet for service providers who need the benefits of scalable, reliable, secure and manageable networks to deliver the Quality of Service (QoS) characteristics of carrier-grade transport technology. The interoperability demonstration at CEWC is the live culmination of the hot staging and evaluation of Carrier Ethernet interoperability conducted at the European Advanced Networking Test Center (EANTC) laboratory(2) in Berlin during August. The demonstration will feature Provider Backbone Bridges (PBB) and Provider Backbone Transport (PBT) technology, which uses industry-standard Ethernet to drive a radical change in the economics of carrier networks. PBT is being incorporated into the emerging standard IEEE 802.1Qay (Provider Backbone Bridge - Traffic Engineering). "Carrier Ethernet is changing the game for service providers, it lowers the cost and complexity of metro networks while making available resources to meet the growing bandwidth requirements required of networks." said Peter Newcombe, president, Carrier Networks Europe, Middle East and Africa, Nortel. "The interoperability demo at CEWC shows conclusively that PBT can be successfully deployed in a multi-vendor environment and is ready for carrier deployments worldwide - and it really delivers on the Nortel promise of Business Made Simple." Also, at this year's Carrier Ethernet World Congress, Nortel will deliver the following key sessions: - Considering the value of PBT as a connection-oriented Carrier Ethernet solution - Mervyn Kelly, director, product management, Nortel - Looking forward to Next-Generation Ethernet technologies, systems and services - Dave Allan, consultant architect, Office of the CTO, Nortel Nortel and the Carrier Ethernet ecosystem successfully demonstrated the following in the interoperability test: - Interoperability with the MPLS core network to enable end-to-end Ethernet services - Resilient PBT trunks with sub 50ms protection switching - Simplified operations by placing the network under the control of the latest PBT tunnel and service provisioning systems To learn more visit Nortel at the Carrier Ethernet World Congress, Geneva, Switzerland, September 24 - 28, 2007 where you can meet Nortel experts to discuss some of the topics raised during the conference sessions and find out how to implement PBT as a simple and cost-effective Carrier Ethernet solution. About Nortel Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news. Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates", "targets", "envisions", "seeks" and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. (2)This is a 3rd party link as described in our Web linking practices. Contacts: Nortel Greta Brown +44 1628 432968 Email: gretab@nortel.com Nortel Pat Cooper (425) 450-7523 Email: pat.cooper@nortel.com Website: www.nortel.com


 

CALABASAS, CA--(Marketwire - September 24, 2007) - Emergent Game Technologies announced today that Sidhe Interactive has chosen Gamebryo, the highly-acclaimed next generation games engine, as its preferred middleware solution for Wii(TM) titles and multi-platform games in development. Sidhe selected Emergent's Gamebryo for its cross-platform capabilities and easy integration with the company's own proprietary tools. The word "Sidhe" refers to creatures who guard ancient earthen mounds and cast their magic out into the world. This name is apt for a company with world-class publishing partners such as Sony Online Entertainment and Red Mile Entertainment. An advocate for gamers and the industry at large, Sidhe was a founding member of the New Zealand Game Developers Association. "Using Gamebryo complements our own investment in scalable, reusable, cross platform technology. Because it integrates easily with our proprietary engine and graphics solutions, we have greater flexibility and more options in how to approach development for a range of titles," said Tyrone McAuley, Technical Director, Sidhe Interactive. "Gamebryo is very clean technology that delivers cross-platform tools for next generation consoles without requiring a significant learning curve." Sidhe began working with a Gamebryo evaluation unit in May and is now using the middleware in a live development environment. Other developments using Gamebryo -- possibly including downloadable content on next generation platforms -- are scheduled to begin soon. "The Sidhe studio is a powerhouse of talent with extremely innovative home-grown technology. They came to Emergent looking for a way to enhance the investments they had already made in development tools," said Geoffrey Selzer, CEO of Emergent. "We're proud to be a part of their technology strategy. We believe their current projects will be showcase examples of the flexibility and cross-platform capabilities of the Gamebryo engine." Gamebryo has been fully optimized for development on PLAYSTATION®3, Xbox 360(TM), PC and Wii(TM), and has recently gained attention as the engine used in Bethesda Softworks' record-breaking Xbox 360(TM), PLAYSTATION®3 and PC title, "The Elder Scrolls IV: Oblivion" and on its upcoming "Fallout 3" across the same platforms. Gamebryo is also being used by EA-Mythic on its upcoming "Warhammer Online: Age of Reckoning." Gamebryo is a mature software product that ships with 3,500 pages of fully indexed, searchable documentation. To date, Gamebryo has been used in more than 200 games titles ranging from massively multiplayer online games, high-end retail games across multiple genres, and casual games. About Emergent Emergent Game Technologies provides flexible technologies and services that give developers an unmatched range of integrated capabilities for building, testing and managing games. These proven, stand-alone solutions, known as Emergent Elements, include the award-winning Gamebryo game engine used to create hit next-generation games for the Wii(TM), PLAYSTATION®3, Xbox 360(TM), and PC. Emergent Elements give developers the flexibility they need to fuel creativity while reducing risk. Emergent is headquartered in Calabasas, Calif., and has offices in Chapel Hill, NC, Austin, Texas and London. To learn more, visit www.emergent.net. About Sidhe Interactive Sidhe Interactive is a game development studio based in Wellington, New Zealand, recognized for producing high quality entertainment titles with world-class creative and software development skills. Developing across console, handheld, and PC, Sidhe has created a range of innovative products including the award winning original title GripShift®, the successful Rugby League series, genre defining Melbourne Cup Challenge, and the highly anticipated Jackass The Game. More information is available at www.sidheinteractive.com. "PLAYSTATION" is a registered trademark and "PS3" and "Cell Broadband Engine" are trademarks of Sony Computer Entertainment Inc. "Xbox 360" is a registered trademark of Microsoft Corporation. "Wii(TM)" is a trademark of Nintendo. Contact: Susan Kramer Double Forte for Emergent Game Technologies (415) 848-8113 skramer@double-forte.com


 
Hitt og þetta
24. september 2007

SBX contract award

September 24, 2007. Mumbai/Dubai/Oslo: SeaBird Exploration Limited (BVI) ('SeaBird' or 'SBX'). SeaBird has today received a letter of award from Oil and National Gas Corporation of India ("ONGC") for approximately 13,500 line km long offset 2D survey outside the west coast of India. The total gross contract value is estimated to around USD 20 million and is expected to take 4-5 months including mobilization, demobilization and data processing. For further queries contact: Dag Reynolds CEO SeaBird Exploration Phone: + 47 90883737 Geir Olsen CFO SeaBird Exploration Phone: + 47 916 39367 - - - SeaBird Exploration Limited (BVI) `SeaBird` is a global provider of marine 2D and 3D seismic data, solutions for seabed acquisition of 4C/4D multimode seismic, and associated products and services to the oil and gas industry. SeaBird specializes in high quality operations within the high end of the source vessel and 2D market, as well as in the shallow water 2D/3D market. Main focus for the company is proprietary seismic surveys (contract seismic). SeaBird does not have a multi-client data library. Main success criteria for the company are an unrelenting focus on Quality, Health, Safety and Environment (QHSE), combined with efficient collection of high quality seismic data. All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include SeaBird`s reliance on a cyclical industry and the utilization of the company's vessels. Actual results may differ substantially from those expected or projected in the forward-looking statements.


 

24 September 2007 - Aker Kvaerner has signed a contract with Statoil for the manufacturing and supply of steel tube umbilical control cables for the Gjoa field in the North Sea. The contract is worth approximately NOK 260 million. Aker Kvaerner will deliver about 16 kilometres of dynamic and static umbilicals to Statoil. The umbilicals will be manufactured and delivered out of Aker Kvaerner Subsea's facility in Moss, Norway. The umbilicals will connect the Gjoa semisubmersible platform - currently being built by Aker Kvaerner - to the Gjoa field's subsea production system. Additionally, one umbilical will connect the Gjoa field to the nearby Vega field. Aker Kvaerner Subsea is also supplying all steel tube umbilicals for Vega. "This contract strengthens our position as the world's leading producer of steel tube umbilicals," says Svein Haug, senior vice president for Umbilical & Riser in Aker Kvaerner Subsea. "The umbilical solution for the Gjoa field is challenging, and this contract demonstrates that our advanced technology and expertise is highly valued by leading operators such as Statoil." Work on the umbilicals will start immediately. Delivery is scheduled for May 2009. The Gjoa field was discovered in 1989. It is a combined oil and gas field located off the Norwegian west coast. Statoil is the operator in the field development phase. Production of oil and gas is expected to start in 2010. ENDS For further information, please contact: Media: Endre Johansen, communications manager, Aker Kvaerner Subsea. Tel: +47 22 94 58 91, Mob: +47 416 10 605 Torbjørn S. Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542 Investor relations: Lasse Torkildsen, VP Investor Relations, Aker Kvaerner. Tel: +47 67 51 30 39 Suppliers: Harald Grieg Riisnaes, VP, Global Supply Chain, Aker Kvaerner Subsea. Tel: +47 67 82 68 18 Career opportunities: Visit http://www.akerkvaerner.com/Internet/CareerCentre AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries. Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 percent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings. Aker Kvaerner Subsea is a leading provider of a complete range of surface and subsea solutions for the oil and gas industry - from concept screening and design through manufacturing, fabrication and commissioning. Aker Kvaerner Subsea's ability as a world-wide total system provider is backed by a wide portfolio of products which are maintained for the complete life of field. Aker Kvaerner Subsea's capability is available for both new and existing fields either as individual activities or complete packages. This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com


 

H. Lundbeck A/S and Neurim Pharmaceuticals Ltd. today announced that Lundbeck has in-licensed the exclusive rights for Circadin® for the treatment of primary insomnia for the majority of markets in Europe including the five major markets. Furthermore, Lundbeck holds the exclusive option to evaluate commercialization in markets outside of Europe. Circadin®, a novel sleep aid, was approved by the European Commission 29 June 2007 indicated as monotherapy for the short-term treatment of primary insomnia characterized by poor quality of sleep in patients who are aged 55 or over. The approval was based on clinical studies showing positive effects on both sleep induction, sleep quality, and most importantly, day-time-functioning as well as quality of life. The trials also show that there are no signs of development of dependency. Lundbeck expects to launch Circadin® in the first markets during 2008. Under the terms of the agreement Neurim receives an upfront payment and a share of revenue. Neurim is responsible for manufacturing. "We are delighted to have licensed Circadin® to a company with a strong track record within the research, development, marketing and sales of medicines for the treatment of central nervous system disorders", says Prof. Nava Zisapel, CSO of Neurim Pharmaceuticals. "We are confident that with Lundbeck as our partner we will be able to realize the full potential of Circadin® to the benefit of patients." "Circadin® has shown to be a unique treatment of poor sleep with a new mechanism different from all other approved medicines. Circadin® mimics the physiological profile of the body's own melatonin secretion and will be a very valuable alternative to traditional sedative hypnotics, which share a number of drawbacks, such as dependency and residual drowsiness" says Executive Vice President Stig Løkke Pedersen, head of Commercial Operations. About Circadin® Circadin® is the first and only IP-protected prolonged-release, melatonin containing ethical drug approved in the EU. Melatonin is a naturally occurring hormone produced by the pineal gland; it has a pivotal role in the regulation of circadian rhythms and sleep. Endogenous melatonin levels decrease with age and may contribute to the common complaint of poor sleep quality seen amongst those in middle age and in the elderly. Administration of Circadin®, which essentially mimics the normal nocturnal melatonin profile, improves sleep quality and morning alertness and facilitates sleep onset in patients aged 55 or over. The content of this release will have no influence on the Lundbeck Group's financial result for 2007. Neurim contact Dr. Francesca Stingele Managing Director Tel: +41 21 641 1580 Lundbeck contacts Investors: Media: Jacob Tolstrup Caroline Broge Director, Investor Relations Media Relations Manager +45 36 43 30 79 +45 36 43 26 38 +1 201 350 0187 ________________________ Stock Exchange Release No 295 - 24 September 2007 About Neurim Neurim Pharmaceuticals Ltd. (1991), headquartered in Israel with a business development unit in Switzerland, is a drug discovery and development company founded in 1991. Neurim is focused on age-related disorders, primarily in the central nervous system (CNS). The main goal is to improve the quality of life in the older patient population. Circadin® is the company's first product reaching marketing approval. Other products are at various stages of preclinical and clinical development. For further information, please visit www.neurim.com About Lundbeck H. Lundbeck A/S is an international pharmaceutical company engaged in the research and development, production, marketing and sale of drugs for the treatment of psychiatric and neurological disorders. In 2006, the company's revenue was DKK 9.2 billion (approximately EUR 1.2 billion or USD 1.6 billion). The number of employees is approximately 5,300 globally. For further information, please visit www.lundbeck.com


 

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or "SFL") announced today that Ole B. Hjertaker, CFO, will present at the Jefferies 4th Annual Shipping, Logistics & Offshore Services Conference. The presentation will take place on September 25, 2007 at 1.30 pm (EST) A live audio webcast of the presentation can be found at the following link: http://www.wsw.com/webcast/jeff19/sfl/ The link to the audio webcast will be live just prior to the start of the presentation. A replay of the audio webcast will be available through our website http://www.shipfinance.org for a period of 90 days. About Ship Finance Ship Finance is a major vessel owning company listed on the New York Stock Exchange (NYSE: SFL). Including newbuildings and announced acquisitions, Ship Finance has a fleet consisting of 71 vessels, including 37 crude oil tankers (VLCC and Suezmax), 8 oil/bulk/ore vessels, 13 container vessels, 3 dry bulk carriers, 2 jack-up drilling rigs and 5 offshore supply vessels and 3 seismic vessels. The fleet is one of the largest in the world with a total cargo capacity of more than 11 million dwt. and most of the vessels are employed on medium or long term charters. More information can be found on the Company's website: www.shipfinance.org Cautionary Statement Regarding Forward Looking Statements This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including Ship Finance management's examination of historical operating trends. Although Ship Finance believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, Ship Finance cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions. Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this presentation include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and world wide oil consumption and storage, changes in the Company's operating expenses including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission.


 

's-Hertogenbosch - Heijmans brings an environmentally friendly and fully automated transportation system to the Benelux market. The system uses laser-controlled electrical vehicles. It is a cheap, clean and safe alternative to other means of transportation such as bus, light rail, tram or taxi. ULTra is suitable as a means of transportation from parking and other transfer areas, at airports and industrial parks with many office buildings. ULTra is an acronym for Urban Light Transport. The system provides transportation on demand: at the push of a button, a vehicle becomes available within three seconds. The system offers a potential solution to mobility and traffic problems in the Netherlands. ULTra can be deployed as a means of transportation to provide a link between parking areas and airports and in industrial and office parks. The system can also be used in inner city areas and to provide access to large residential areas. Conference centres, large event venues and exhibition areas, large shopping centres, recreational parks and factory outlets can also benefit from this transportation system. The Heijmans Infrastructure Division have signed a memorandum of understanding with the British company ATS (Advanced Transport Systems) Ltd., the manufacturer of the ULTra vehicles. Heijmans designs and builds entire custom-made systems, ATS delivers the vehicles. Heijmans is targeting the public and private sector with ULTra. ULTra has been tested extensively in Great Britain over the past five years and has been approved by the HM Railway Inspectorate. Heijmans is currently investigating whether the system could also be suitable for transport of goods, in particular to supply inner cities. The deployment of ULTra is in keeping with the objectives of the Kyoto treaty to reduce the global emission of CO2. ULTra's emissions are 50% lower than those of bus and rail and 70% lower than a car's emisson. Construction is also cheaper: costs are about 60% lower than the construction of a light rail network. The vehicles are guided and controlled using laser technology. The vehicles travel along their own dedicated guideways at a maximum speed of 40 km/hour. In contrast to most forms of mass transportation, the ULTra offers a personal form of transportation. At this point in time, ATS is building the first ULTra guideway at London's Heathrow Airport. This guideway will become operational in 2008. For additional information <noot voor de redactie> A fact sheet is attached. Visuals and images are available upon request. Press Frank Janssen Director of Group Communications +31 73 5435169 fjanssen@heijmans.nl Analysts Fons van Lith Director of Investor relations +31 6 51314952 flith@heijmans.nl note: this press release is a translation of a Dutch text. In case of textual contradictions between the Dutch and the English version, the Dutch shall prevail.


 

YIT CORPORATION SEPT. 24, 2007 at 13:30 CORPORATE RELEASE STOCK EXCHANGE RELEASE YIT'S CAPITAL MARKETS DAY IN LONDON, SEPT. 26, 2007 On Wednesday, September 26, 2007, YIT will hold a Capital Markets Day for investors and analysts in London. At the event, Group CEO Hannu Leinonen and the management of the business segments will present YIT's strategy. Group CEO Leinonen's presentation can be watched as a real-time webcast at http://webcast.magneetto.com/yit/en/. The presentation will start approximately at 10:30 (Finnish time). After the presentation, a recording will be available at the same address approximately at 12:30. All YIT Capital Markets Day materials will be available on the company's Internet site at www.yitgroup.com/investors at 10:30 on September 26. For additional information, contact: Petra Thorén, Vice President, Investor Relations, YIT Corporation, tel. +358 40 764 5462, petra.thoren@yit.fi YIT CORPORATION Veikko Myllyperkiö Vice President, Corporate Communications Distribution: Helsinki Stock Exchange, principal media, www.yitgroup.com


 

Hamburg, Germany | Oxford, UK - Evotec AG (Frankfurt Stock Exchange: EVT) today announced that Jörn Aldag, President & CEO, and Dr John Kemp, Chief Research & Development Officer, will present at the UBS 2007 Global Life Sciences Conference at 03.30 pm EST (09.30 pm CET/08.30 pm BST) on Wednesday, 26 September 2007, at Grand Hyatt, New York City. During the presentation management will provide an overview of its recently announced agreement to acquire Renovis, Inc. The company presentation will be webcast live and will be accessible through the Evotec website at www.evotec.com - Investors. A replay will also be available at www.evotec.com - Investors - Webcasts. Forward looking statements Information set forth in this communication contains forward-looking statements, which involve a number of risks and uncertainties. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits of Evotec's products, the anticipated timing and results of Evotec's clinical and preclinical programs, and other statements that are not historical facts. Evotec cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information as a result of risks and uncertainties relating to: the need to adapt to significant technological change; use and protection of intellectual property; as well as other economic, business and/or competitive factors; and the effect of exchange rate fluctuations on international operations. The risks included above are not exhaustive. Evotec expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the parties' expectations or any change in events, conditions or circumstances on which any such statement is based. --- End of Message --- Evotec AG Schnackenburgallee 114 Hamburg Germany WKN: 566480; ISIN: DE0005664809 ; Index: Prime All Share, CDAX, HDAX, MIDCAP, TECH All Share; Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;


 

Following the approval of the merger plan by both companies' Extraordinary General Meetings on September 20th, 2007, the two companies are deemed to be under common control, and the financial results are therefore to be consolidated as from 20. September, 2007. The financial results of Wavefield-Inseis as from the acquisition date September 20th, 2007 will accordingly be consolidated into and reported in the financial results of TGS-NOPEC. As Wavefield-Inseis ASA continues to exist as a separate listed entity during the eight weeks creditor review period starting September 21st, 2007, Wavefield-Inseis ASA will issue a financial report for Q3-2007 to the Oslo Stock Exchange on October 30th, 2007 on a standalone basis. Further information on the merger can be obtained at www.tgsnopec.com, www.wavefield-inseis.com and www.oslobors.no. Media contacts and further information TGS Wavefield Inseis Arne Helland Erik Hokholt CFO CFO Tel: +47 66 76 99 31 / +47 91 88 78 29 Tel: +47 67 82 84 09 / +47 90 75 60 64 Email: Email: arne.helland@tgsnopec.no erik.hokholt@wavefield-inseis.com Important notice and disclaimer This press release is issued pursuant to the requirements of Norwegian law and the Oslo Børs and is not an offer to buy, sell or exchange any of the securities described herein. This press release may not be relied upon by any person to whom it was not intended to be provided. The press release is explicitly not an offer of securities for sale or exchange in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Neither TGS-NOPEC Geophysical Company ASA nor Wavefield Inseis ASA have registered, and neither company intend to register, any portion of their securities in the United States. The press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond TGS' and Wavefield Inseis' control. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Although TGS and Wavefield Inseis believe that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The forward-looking statements involve risk. --- End of Message --- TGS-NOPEC Hagaløkkveien 13 Asker Norway ISIN: NO0003078800; ;


 

24.09.2007: In a study of the Swiss Equity Group 80 companies listed on the Entry Standard of the Frankfurt Stock Exchange were analysed. One of the 8 top performers which will be on the future watch list, is the surface technology company Impreglon. The average annual sales of companies listed on the Entry Standard is 19 mill. Euro. Impreglon projects sales of 43 mill. Euro for 2007. IMPREGLON AG Hohenhorststraße 1 21337 Lüneburg Tel. 04131 / 2260091 Fax 04131 / 882-250 investorrelations@impreglon.de www.impreglon.de --- End of Message --- Impreglon AG Hohenhorststraße 1 Lüneburg Germany WKN: A0BLCV; ISIN: DE000A0BLCV5; Listed: Entry Standard in Frankfurter Wertpapierbörse;


 

PRESS RELEASE Stockholm, 24 September 2007 PANDOX SIGNS LEASE AGREEMENT FOR OPERATION IN ÖSTERSUND Pandox has signed a revenue-based lease agreement with Choice Hotels Scandinavia regarding its operations in Östersund. The hotel has 176 rooms and is located in the city centre. Pandox has owned the hotel property since the foundation of the company in 1995. The property's operation was managed by a private owner until 2004, when Pandox acquired the operating company. Pandox ran the hotel under a franchise agreement with Rezidor under the Radisson SAS brand. During these years the hotel has reported strong earnings growth and has become the leading hotel in Östersund. Choice Hotels will take over the operation of the hotel on 1 January 2008 under the Clarion Hotels brand. Pandox will remain as active owner of the hotel property. "This is a good example of our active ownership," says Erik Hvesser, Business Area Manager at Pandox. "We have owned the property since the foundation of Pandox and the operation since 2004. After developing the hotel and establishing a strong market position, we are now handing over the hotel to Choice Hotels for continued operation and growth." __________ For further information: Anders Nissen, CEO, Pandox AB, +46 8 506 205 50 Erik Hvesser, Business Area Director, Pandox AB, +46 8 506 205 57 Pandox is one of the leading players in the European hotel property market. The portfolio contains 44 hotels, including ten operations, with a total of 10,200 rooms in Sweden, Denmark, Germany, Belgium, the Bahamas, the UK, Switzerland and Canada. Pandox operates its hotels in various forms under well-known brands such as Hilton, InterContinental, Crowne Plaza, Radisson SAS, Holiday Inn, Scandic, Elite, Clarion, Quality and First, or through independent distribution channels.


 
Hitt og þetta
24. september 2007

Directorate change

24 SEPTEMBER 2007 MONTO MINERALS LIMITED ("Monto" or The "Company") Mr Mark McCauley appointed to Monto Minerals Board Resignation of Mr Peter Dowling AM The Board Monto is pleased to announce the appointment of Mr Mark McCauley to the Board of the Company as a non-executive director with effect from 25 September 2007. Mr Mark David Huston McCauley (38) is a qualified mining engineer with a strong financial background having been in operations with M.I.M. Holdings Limited and later Chief Financial Officer of Felix Resources Limited for more than three years during which time it was transformed into a significant resources company, its market capitalisation having increased from $30 million to $1 billion. Mr McCauley is currently Managing Director of RMM Capital Pty Ltd, a Queensland-based private equity firm. Mr McCauley has in the last 5 years been a Director of Resource Management & Mining Pty Ltd, Yarrabee Coal Co Pty Ltd, South Australian Coal & Energy Pty Ltd and Minerva Coal Mining Pty Ltd. He no longer holds these Directorships. No further information falls to be disclosed under Schedule Two paragraph (g) of the AIM rules for companies. Mr McCauley will join the Audit Committee of the Board of Monto. The Chairman of Monto, Mr. Peter Slaughter said that Mr McCauley would bring to the Board of Monto an excellent skill set and mix of experience mainly in the resources sector. The Board of Monto also announces today the resignation of Mr Peter Dowling AM from the Board, with effect from the Annual General Meeting on 12 November 2007. Mr Dowling is the longest serving current non-executive Director of Monto, having been on the Board for eight years. As an experienced accountant and professional company director, he has made a significant contribution to the Company. Mr Slaughter commented "His perseverance and vision have been pivotal in seeing the Company through to the Goondicum project's production stage that we have now reached. In his role of Deputy Chairman, he has provided me with wise counsel and sustained support. It is also fitting that one of Mr Dowling's final duties as a Director will be to attend the official opening of the Goondicum project, also currently scheduled for 12 November 2007" Mr Dowling has decided to step down as the Company moves from development to the next phase as an industrial minerals producer, an appropriate time to introduce new people. The Company will benefit in this new era from Mr McCauley's mining and finance background, and Mr Dowling's resignation enables Mr McCauley to be appointed without increasing unnecessarily the size of the board. In the absence of an immediately available and experienced director to chair the Audit Committee, Mr Dowling has agreed to remain on the committee until the 2008 Annual General Meeting and will chair the committee until a new Chairman is selected. The Board is appreciative of Mr Dowling's willingness to continue in this role to allow sufficient time for a replacement to be appointed and inducted. "The matter of the position of Deputy Chairman will be considered by the Board of Monto after this year's Annual General Meeting," Mr Slaughter said. Enquiries to: Geoffrey Moore Monto Minerals Ltd +61 (0)7 3034 3100 Richard Brown Ambrian Partners Limited 020 7776 6400 ---END OF MESSAGE---


 

Gordon Brown, forsætisráðherra Bretlands, hefur hafnað hugmyndum Michel Platinis, forseta knattspyrnusambands Evrópu, um að ráðist verði til atlögu við "neikvæða" peningahyggju innan knattspyrnuheimsins. Brown segir að ríkisstjórnir ættu ekki að hafa afskipti af þessum málum.


 

José Mourinho hætti öllum að óvörum sem framkvæmdastjóri Chelsea síðastliðið miðvikudagskvöld og nú bendir allt til þess að hann verði næsti landsliðsþjálfari Portúgala. Sky Sports News hafði það eftir heimildarmanni innan fjölskyldu Mourinhos að portúgalska knattspyrnusambandið hefði þegar sett sig í samband við hann og boðið honum starfið. Í enskum veðbönkum hafa líkurnar á því að af þessu verði farið úr 14-1 í 3-1.


 

Real Madrid er það knattspyrnufélag sem státar af hæsta merkjavirði allra knattspyrnufélaga í Evrópu, samkvæmt rannsóknum BBDO Consulting í Bretlandi. Í öðru sæti er Barcelona og Manchester United er í þriðja sæti. Niðurstöðurnar þykja renna stoðum undir mikilvægi vörumerkjastýringar í knattspyrnuheiminum.


 

Semantic Interfaces Guarantee Compatibility for Services Accessed by Mobile Devices Stockholm, Sweden, 24 September 2007: Appear announced today that the EU-funded SIMS consortium is now half-way through its development efforts focusing on the next generation of middleware for wireless networks. The SIMS Consortium includes, beside Appear, some of the most important names in mobile research and industry around the Europe, such as SINTEF (Norway), Orange (Spain), Gentleware (Germany), Gintel (Norway), the Norwegian University of Science and Technology (Norway) and the Warszawa University of Technology (Poland). Part of the 4th call of the IST 6th Framework Program, SIMS is a 4.3 M¤ project aiming to solve some of the most difficult challenges faced when developing software for mobile services. The key research focus of the SIMS project is related to semantic interfaces, a technology which supports service discovery and composition of services and software components with guaranteed compatibility. For example, Device A will automatically download functionality needed to interact with Device B if user A wants that interaction to happen. The middleware will validate opportunities between peers. Due to this, only valid and available service opportunities will be presented to the end-user. Moreover, if successful, SIMS will enable the automatic deployment and learning of functionalities. "Picture a handful of people, each with a different mobile device, sharing a common interest or task", explains Richard Sanders, project manager at SINTEF and project coordinator for SIMS. "The devices present service features to each person depending on which service opportunities are achievable. They can learn new services by interacting with each other. The devices can download compatible complementary service components to support new service opportunities. This is a pervasive computing scenario that we have been dreaming of, and which SIMS aims to make come true". The benefit of SIMS can be demonstrated by the following maintenance scenario: An elevator breaks down and sends a failure notification. This notification indicates that there is a failure requiring a reboot procedure. SIMS identifies available employees in the area of the alert, and forwards the notification failure to the closest employee with the right skill set and equipment. Thanks to SIMS, the employee has immediate access to relevant software on his/her device in order to reboot the elevator, and can interact via his mobile device with several resources related to the task. For example a camera and a logging system might be involved in the service in order to document what has happened to the elevator, who fixed it, and how it was fixed. The benefits in this scenario include faster detection of the elevator failure, faster dispatching of relevant resources, improved resource allocation, improved audit trail and faster intervention. Another example demonstrating SIMS technology is shown using a simple chat application. The scenario starts when a user initiates the chat application. The application displays available users, filtered by the Appear Context Engine and the SIMS middleware. The SIMS middleware ensures, in this scenario, that only users with compatible functionality will show up on the screen. In addition, the goal of SIMS is to enable efficient deployment of software components to mobile users. For instance, the chat application can download additional compatible components, e.g. if the chat session evolves into a video-chat. The SIMS project is influencing an emerging standard for specifying services, within the Object Management Group (OMG). The SIMS project will also result in design tool components running on the Eclipse platform, which will, along with the research results and technical architecture, be freely available for the software development community. "We are thrilled to contribute to such an important initiative for next generation mobile services" commented Vedran Arnautovic, EU Project Manager at Appear. "Recent analyst research by IDC analyst Ivano Ortis has shown that mobile middleware solutions are critical components for improving the efficiency of field workers and providing innovative services to consumers. With the SIMS research, Appear demonstrates once more that it is at the leading-edge of mobile solution research and development". About Appear: Appear is the leading provider of context-aware software infrastructure designed to power the next generation of mobile applications and services. Using situational information (context), the AppearIQ suite of products transforms ordinary wireless data networks into rich multimedia channels that deliver information, voice, video and messages to mobile computer users. By collecting and sharing context, Appear's solutions eliminate information overload and ensure users have exactly the information they need, when and where they need it. With Appear software, devices and applications react in real-time to users' changing needs. Industry leaders in transportation, retail, telecommunications and government use AppearIQ. Appear has also been awarded three EU-funded research projects focusing on "Mobile and Wireless Systems beyond 3G" and part of the fourth call of the IST Sixth Framework Program: MIDAS (www.ist-midas.org), SIMS (www.ist-sims.org) and MUSIC (www.ist-music.eu). Appear has an extensive partner network including industry leaders Cisco and Intel who along with vertical market specialists work to deliver innovative, end-to-end wireless and mobile solutions. The company is privately held and headquartered in Stockholm, Sweden and with offices across Europe. For further information please visit www.appearnetworks.com Press Contacts: Mia Falgard, +46 8 545 91 370, mia.falgard@appearnetworks.com


 

24hPoker carries out a re-organization that will result in cost savings amounting to approximately 6 MSEK pro year. In the result for the third quarter 1.5 MSEK will be set aside for costs related to personnel cuts. "24hPoker has not been profitable and we have therefore decided to re-organize and make the organization more efficient to take control over our costs. To realize personnel cuts is never pleasant to do, but cost control is one of the four corner stones we build our strategy on. This is one step in the process of turning the company back into profitability," says Peter Åström, CEO 24hPoker. For more information, please contact: Peter Åström, CEO +46 73 600 85 01 Pia Rosin, Corporate Communications Director +46 70 753 22 46 About 24hPoker 24hPoker Holding AB is a Swedish gaming group that develops proprietary software systems for online gaming operations through its subsidiaries 24hPoker AB and B2B Poker AB and operates one of the world's largest poker networks. The Group also sells and develops turnkey gaming platforms for players that want to conduct gaming operations under their own brand. 24hPoker is traded on First North and its certified advisor is Remium AB. www.24hpoker.se


 

Update September 17-21 Amsterdam (September 24, 2007) - Wolters Kluwer, a leading global information services and publishing company, today announces that in line with the launch of its ¤475 million share buy-back program on June 15, 2007, the company has repurchased 652,353 ordinary shares in the period September 17 until September 21, 2007. Shares were repurchased at an average price of ¤21.10 for a total amount of ¤13.8 million. For detailed information on the daily repurchased shares, see the Wolters Kluwer website at http://www.wolterskluwer.com/WK/Investors/Share+Information/Share+Buy-back+Program/ The total number of shares repurchased under this program to date is 17,191,195 ordinary shares for a total consideration of ¤375.1 million. About Wolters Kluwer Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2006) of ¤3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com. Contact: Caroline Wouters Kevin Entricken Vice President, Vice President, Corporate Communications Investor Relations Wolters Kluwer nv Wolters Kluwer nv + 31 (0)20 6070 459 + 31 (0)20 6070 407 press@wolterskluwer.com ir@wolterskluwer.com Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect," "should," "could," "shall," and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


 

Seadrill has decided to establish a separate entity for its well services activities with the ambition to create a large international well services company. The new company will be named Seawell Limited where Mr Jørgen Peter Rasmussen will be appointed Chairman of the Board and Mr Alf Ragnar Løvdal will be appointed Chief Executive Officer of Seawell Management AS. Seawell's core business is platform drilling, engineering and well intervention services. The Platform Drilling and Engineering Division delivers production drilling and well maintenance services on 21 platforms, as well as drilling facility upgrading and modifications while the Well Intervention Division offers multi-skilled personnel and state-of-the art equipment packages for mechanical and electrical wireline services. The business employs approximately 1,800 skilled and experienced employees. In order to set up Seawell Limited on a stand-alone basis, new equity has been raised through a private placement of a total of 20 million shares to a subscription price of NOK13.75 per share. Gross proceeds from the equity issue amounted to NOK275 million (equivalent to approximately US$49.8 million). The total number of shares outstanding after the issue will be 100 million. Following the private placement, Seadrill will remain an 80 percent shareholder in Seawell Limited. The share issue was managed by Carnegie ASA and Pareto Securities ASA and was significantly oversubscribed. Contact: Alf C Thorkildsen Chief Operating Officer Seadrill Management AS +47 51 30 99 19 Seadrill Limited Hamilton, Bermuda September 24, 2007


 

Yara International ASA has received clearance from the European Commission to acquire Kemira GrowHow Oyj, and has waived the remaining preconditions for its tender offer. The European Commission approval is subject to certain conditions which Yara International ASA is committed to fulfill. The European Commission has approved the transaction subject to the following commitments, which in aggregate correspond to less than 3% of Kemira GrowHow Oyj revenues: - Divestment of part of Yara's nitrogen chemicals business in Köping, Sweden - Divestment of part of Kemira GrowHow's nitrogen chemicals business in Tertre, Belgium - Dissolution of the Fertisupply distribution joint venture in Denmark - Sale of Yara's share in the Zemnor distribution joint venture in Latvia - Divestment of the CO2 liquefaction plant in Billingham, UK currently owned and operated by the newly established joint venture GrowHow UK Limited Yara International ASA / Yara Nederland B.V. has elected to waive the remaining preconditions for the completion of the Tender Offer, and the Tender Offer will be completed after the termination of the Offer Period in accordance with the terms and conditions of the Tender Offer with respect to all Kemira GrowHow Oyj shareholders who have validly accepted the Tender Offer by that time. The Tender Offer will be completed with respect to all Kemira GrowHow's shareholders who have validly accepted the Tender Offer no later than on the fifth (5th) banking day following the end of the Tender Offer Period, i.e. by 4 October 2007 (Completion Date). If possible, the completion trades will be executed on the Helsinki Stock Exchange. The completion trades will be settled on the third (3rd) banking day following the completion trades, i.e. on 9 October 2007. The Offer Consideration will be paid on or about the third (3rd) banking day following the date of the completion trade. The accrued interest will be paid on or about the fifth (5th) banking day following the date of the completion trade. Find more www.kemira-growhow.com Heikki Sirviö CEO For additional information please contact: Kaj Friman, CFO Tel. (+358) 50 62 626 Kemira GrowHow Oyj is one of the leading producers of fertilisers and feed phosphates in Europe. Kemira GrowHow develops and markets fertilisers and integrated solutions for crop cultivation, animal feed supplements and chemicals required in various industries. The company has approximately 2,500 employees worldwide and in 2006 net sales were 1.2 billion euros. Kemira GrowHow Oyj is listed on the Helsinki Stock Exchange. www.kemira-growhow.com Yara International ASA is a leading chemical company that converts energy and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of 7,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry. www.yara.com


 

The press release can be downloaded from the following link: Press Release (PDF) This is a joint press release of TomTom N.V. and Tele Atlas N.V. pursuant to the provisions of Section 9b subsection 1 of the Dutch Securities Trade and Supervision Decree 1995 (Besluit Toezicht Effectenverkeer 1995). This is not a public announcement that a public offer is to be made. Any offer will be made only by means of an offer document to be issued prior to the commencement of the offer period. Not for release, distribution or publication, in whole or in part to Japan or Canada. 24 September 2007 TomTom N.V. and Tele Atlas N.V. announce that the national competition authorities have approved the request of the parties for the transaction to be referred for review to the European Commission ("EC"). TomTom N.V. and Tele Atlas N.V. intend to publish an offer memorandum for the intended recommended public cash offer for all outstanding shares of Tele Atlas N.V. at an offer price of ¤ 21.25 in cash per ordinary share (the "Offer") on 2 October 2007. With reference to the press releases dated 23 July 2007 and 21 August 2007, TomTom N.V. ("TomTom") and Tele Atlas N.V. ("Tele Atlas") jointly announce that on 21 September 2007 the national competition authorities have approved the request of TomTom and Tele Atlas for the transaction to be referred for review to the EC. This request was made by the parties in order to allow the EC to review the transaction rather than submitting separate filings to different national competition authorities. The parties are in the process of filing the transaction with the EC. In addition, preparations for filing with the U.S. competition authorities are ongoing. In compliance with the rules of the Dutch Securities Trade Supervision Decree 1995, TomTom expects that an offer memorandum containing the definitive terms and conditions of the Offer will be published on 2 October 2007 with the transaction being completed by the end of 2007. The acceptance period during which the shareholders of Tele Atlas can tender their shares to TomTom is expected to begin on 3 October 2007 and is expected to end on 4 December 2007, unless extended in accordance with section 9o, subsection 5 of the Dutch Securities Trade and Supervision Decree 1995. TomTom and Tele Atlas are aiming to obtain approval of the transaction by the EC and US competition authorities by 4 December 2007, but it cannot be excluded that the competition proceedings will continue after that date. In this scenario, TomTom expects to extend its tender period. < END > ----------------------------------------- For more information Taco Titulaer +31 20 753 5194 ir@tomtom.com Jan Wirken +31 653 686 999 Jan.Wirken@teleatlas.com About TomTom TomTom NV is the world's largest navigation solution provider. TomTom's products are developed with an emphasis on innovation, quality, ease of use, safety and value. TomTom's products include all-in-one navigation devices which enable customers to navigate right out of the box; these are the award-winning TomTom GO range, the TomTom ONE XL, TomTom ONE and the TomTom RIDER. TomTom PLUS, is the location-based content and services offering for TomTom's navigation products easily available through TomTom HOME. TomTom also provides navigation software products which integrate with third party devices; the TomTom NAVIGATOR software for PDAs and smartphones. TomTom WORK combines industry leading communication and smart navigation technology with leading edge tracking and tracing expertise. TomTom's products are sold through a network of leading retailers in 30 countries and online. TomTom was founded in 1991 in Amsterdam and has offices in Europe, North America and Asia Pacific. TomTom is listed at Euronext, Amsterdam Stock Exchange in The Netherlands. For more information, go to http://www.tomtom.com. About Tele Atlas Tele Atlas delivers the digital maps and dynamic content that power some of the world's most essential navigation and location-based services (LBS). The information is the foundation for a wide range of personal and in-car navigation systems and mobile and Internet map applications that help users find the people, places, products and services they need, wherever they are. The company also works with business partners who trust its digital map data to deliver critical applications for emergency, business, fleet and infrastructure services. Through a combination of its own products and partnerships, Tele Atlas offers digital map coverage of more than 200 countries and territories worldwide. The company was founded in 1984 and today has approximately 2,400 full-time staff and contract cartographers at offices in 24 countries. Tele Atlas uses a sophisticated network of professional drivers, mobile mapping vans and more than 50,000 data resources to deliver highly accurate and up-to-date digital maps. Tele Atlas is listed on the Frankfurt Stock Exchange (TA6) and on Euronext Amsterdam (TA). For more information, go to http://www.teleatlas.com This announcement does not constitute an offer to purchase any securities, nor a solicitation of any offer, proxy, consent or authorization to buy or subscribe for any securities of Tele Atlas or any other securities, nor shall it (or any part of it) form the basis of, or be relied upon in connection with, any contract therefore. In the event that an offer is made, details of the offer will be set out in an offer memorandum, which will contain the full terms and conditions of the offer including how the offer can be accepted, and which will be made available to all holders of securities of Tele Atlas free of charge. This announcement is a press release and not a prospectus and holders of ordinary shares in Tele Atlas should not make any decisions except on the basis of the information contained in the offer memorandum to be published in due course. Statements in this document regarding the proposed transaction between Tele Atlas and TomTom, the expected timing for completing the transaction, future financial and operating results, benefits and synergies of the transaction, future opportunities for the combined company and any other statements about Tele Atlas or TomTom managements' future expectations, beliefs, goals, plans, or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "believes," "will," "plans," "anticipates," "expects" and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the ability to consummate the transaction, the ability of TomTom to successfully integrate Tele Atlas' operations and employees; the ability to realize anticipated synergies and cost-savings; the receipt of regulatory clearances; and other factors described in TomTom's and Tele Atlas' most recent respective annual reports for the year ended 2006. TomTom and Tele Atlas each disclaim any intention or obligation to update any forward-looking statements as a result of developments after the date of this announcement.


 

DSM Venturing, the corporate venturing unit of Royal DSM N.V., today announced that it has participated in an equity investment round in the Danish company Upfront Chromatography, the world's leading developer of customized industrial protein chromatography processes. The down stream processing platform developed by Upfront is of great potential to contribute to all biotechnology-derived products from DSM. DSM is joined in this investment round by financial investors InnovationsKapital and NBGI Ventures. DSM Pharmaceutical Products is a global provider of custom manufacturing services to the pharmaceutical and biopharmaceutical industries with a broad menu of services in protein production and in clinical, commercial and fill and finish areas. The company's achievements in biopharmaceutical production have resulted in a significant urgency to realize breakthroughs in downstream processing, enabling more efficient purification of monoclonal antibodies and other biopharmaceutical proteins. Leendert Staal, CEO of DSM Pharmaceutical Products, comments: "Upfront is at the forefront of technological breakthroughs in downstream processing. Through our investment we want to support further developments in the company which will benefit both DSM and Upfront." With its proprietary technology platform, called Rhobust(TM), Upfront focuses on two major application areas. The first one is Bioprocess, which offers novel solutions to customers who need to recover and purify monoclonal antibodies, therapeutic proteins and other biomolecules from blood plasma or bioreactors, under cGMP-compliant conditions. In the second area, Biomine, Rhobust(TM) enables the isolation of high-value functional proteins and other biomolecules from bioreactors or industrial process side-streams for use as food ingredients, industrial enzymes, nutraceuticals and healthcare products. The areas in which Upfront is active are of interest to various DSM entities that apply fermentation processes. In addition to the investment, DSM and Upfront have signed a collaboration agreement with the aim of further developing the Rhobust(TM) technology for the purification of monoclonal antibodies. DSM Venturing DSM Venturing is an active investor in emerging companies and Venture Capital Funds in DSM's strategic growth fields Nutrition, Pharma and Performance Materials. DSM Venturing's mission is to explore emerging markets and technologies in these strategic growth fields in order to enhance DSM's product portfolio and create value. DSM Venturing also plays an active role in the development of several new DSM business opportunities in the so-called emerging business areas Biomedical, Industrial (White) Biotechnology, Specialty Packaging and Personalized Nutrition. For more information about DSM Venturing see www.dsm-venturing.com. Upfront Upfront Chromatography A/S develops and manufactures innovative products and technologies for extraction and recovery of biotherapeutics, functional biomolecules, macromolecular complexes, and even living cells, directly from bioreactors and industrial side-streams. For customised separation services, Upfront offers access to its proprietary Rhobust(TM) universal process platform combined with extensive technical and regulatory support. From a feasibility study to commissioning of the final installation, Upfront works with its customers to develop adsorbents, ligand chemistry, columns and other hardware to optimize process performance. Upfront are currently developing the world's largest chromatography system. Upfront's research, development and ISO9001-compliant manufacturing facility is situated in Copenhagen, Denmark. For more information, visit: www.upfront-dk.com About DSM DSM is active worldwide in nutritional and pharma ingredients, performance materials and industrial chemicals. The company creates innovative products and services that help improve the quality of life. DSM's products are used in a wide range of end markets and applications such as human and animal nutrition and health, cosmetics, pharmaceuticals, automotive and transport, coatings, housing and electrics & electronics (E&E). DSM's strategy, named Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. Market-driven growth, innovation and increased presence in emerging economies are key drivers of this strategy. The group has annual sales of over EUR 8 billion and employs some 22,000 people worldwide. DSM ranks among the global leaders in many of its fields. The company is headquartered in the Netherlands, with locations in Europe, Asia, Africa and the Americas. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Nelleke Barning Dries Ausems tel. +31 (0) 45 tel. +31 (0) 45 5782864 5782017 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 

Oslo, Norway, 24 September 2007 A Market Making Agreement has been entered with DnB NOR Markets for the Photocure ASA (PHO) shares listed on Oslo Børs. The agreement is in accordance with the Oslo Børs requirements for the Liquidity Provider scheme. The aim is to achieve a stable spread and liquidity in the shares. For further information, please contact: President and CEO Kjetil Hestdal E-mail: kh@photocure.no Mobile: +47 913 19 535 CFO Christian Fekete E-mail: cf@photocure.no Mobile: +47 916 42 938 www.photocure.com Photocure ASA is a Norwegian pharmaceutical company listed on the Oslo Stock Exchange. The company develops and sells pharmaceuticals and medical devices for the photodynamic treatment and diagnosis of different types of cancer. Photocure has three products on the market: Metvix® cream combined with the Aktilite® lamp for the treatment of sun-damaged skin and certain types of skin cancer, and Hexvix® for the diagnosis of bladder cancer. In addition, the company has several follow-on products and technologies in the pipeline.


 

Amsterdam, the Netherlands - Ahold today announced that it has repurchased 12,630,169 of its own common shares in the period from September 17, 2007 up to and including September 21, 2007. Shares were repurchased at an average price of ¤10.4390 per share for a total amount of ¤131.8 million. These repurchases were made as part of the ¤1 billion share buyback program announced on August 30, 2007. The total number of shares repurchased under this program to date is 34,888,331 common shares for a total consideration of ¤357.6 million. Ahold Press Office: +31 (0)20 509 5343 Forward-looking statements notice Certain statements in this press release are forward-looking statements within the meaning of the U.S. federal securities laws. These statements include, but are not limited to, statements as to Ahold's expectations as to the maximum amount of the share buyback program. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including the future market prices for Ahold's shares. Many of these risks and uncertainties relate to factors that are beyond Ahold's ability to control or estimate precisely. Many of these risk factors are detailed in Ahold's publicly filed reports. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Ahold does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release, except as may be required by applicable securities laws. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of "Royal Ahold" or simply "Ahold."


 

KappAhl will announce its fourth quarter results for the period 1 June to 31 August 2007, on Wednesday 3 October at around 07.30 (CET). The presentation of the report and a teleconference will be held on the same day, for analysts, the media and investors, at 14.00 (CET) at Operaterrassen in Stockholm. Christian W. Jansson, KappAhl's President and CEO and Håkan Westin, KappAhl's CFO will take part. A warm welcome is extended to everyone who wants to participate and ask questions. To register, please go to www.kappahl.com/ir and then to "Latest News". The presentation will be held in English and will also be able to be viewed live at the website www.kappahl.com/ir under the "Presentations" menu. To take part in the teleconference, please call: SWE +46(0)8 5352 6458 UK +44(0)207 806 1966 State confirmation code: 2126410 For people following the presentation via the website, questions can be asked at the teleconference. For more information, please contact: Annette Ravenshorst, Manager Public Relations, tel: +46 704 71 56 31 Håkan Westin, CFO, tel: +46 704 71 56 64 KappAhl Holding AB (publ) Box 303, SE-431 24 Mölndal, Sweden KappAhl is a leading Nordic fashion chain with more than 270 stores in Sweden, Norway, Finland and Poland. We design, market and sell clothes for the entire family, but our primary target group is women aged 30 to 50 who buy for the entire family. KappAhl's head office and distribution centre, which handles transport to all stores, are located in Mölndal, on the outskirts of Göteborg, Sweden. KappAhl employs around 3,700 people and more than 90 per cent are women. During the 2005/2006 financial year, KappAhl reported sales of SEK 4.2 billion, with an operating profit of SEK 530 million. KappAhl is listed on the Stockholm Stock Exchange. Further information about the company is available on www.kappahl.com and financial information is available on www.kappahl.com/ir.


 

* Once-daily patch provides smooth and continuous delivery of drug through skin, helps to achieve optimal dosing and offers potential for improved efficacy[1] * Shows similar efficacy to highest Exelon capsule doses; significant improvement in memory and ability to perform everyday activities compared to placebo[1] * Minimizes gastrointestinal side effects seen with oral form of drug, a common issue for this class of medicines[1] * Designed with compliance in mind, skin patch delivery preferred by caregivers because it helps manage patients and gives visual reassurance of treatment[2] Basel, September 24, 2007 - The European Commission has approved Exelon® patch (rivastigmine transdermal patch), an innovative way to deliver this effective medicine to patients suffering from mild to moderately severe Alzheimer's disease. Exelon patch is the first and only transdermal treatment for Alzheimer's disease, a degenerative brain disorder affecting 18 million people worldwide and the third leading cause of death behind cardiovascular disease and cancer[3]. The skin patch is applied once-daily to the back, chest or upper arm of patients. "Exelon patch represents a therapeutic innovation that is designed specifically to meet the needs of patients, caregivers and physicians involved with this devastating disease," said James Shannon, MD, Global Head of Development at Novartis Pharma AG. "The patch has been shown to increase compliance, reduce side effects, and allow medication to be delivered through the skin into the bloodstream smoothly and continuously over 24 hours, helping to achieve optimal dosing. All these benefits offer the potential for improved outcomes in patients," Shannon said. The European Union approval, coming soon after the US approval in July 2007, was based on results from the international IDEAL (Investigation of Transdermal Exelon in ALzheimer's disease) study, which involved nearly 1,200 patients with mild to moderate Alzheimer's disease[1]. The patch showed similar efficacy to the highest doses of Exelon capsules, as well as significant improvement in memory and the ability to perform everyday activities compared to placebo[1]. In addition, the IDEAL study demonstrated three times fewer reports of gastrointestinal side-effects (nausea and vomiting) with the patch than the oral form of the medication[1]. "The patch is an important new addition to existing oral treatment options since it provides visual reassurance that patients have 'taken' their medicine," said Bruno Dubois, Professor of Neurology at the Hôpital Pitié Salpétrière, Centre de Neuropsychologie, Paris, France. "Just having to apply a patch can help reduce the burden of daily life for people with Alzheimer's disease and their families." Designed with compliance in mind, the patch was preferred by more than 70% of caregivers as a method of drug delivery because it helped them follow treatment schedules and was easier to use than an oral medicine[2]. "People with Alzheimer's disease and their caregivers welcome every new therapy for the disease," said Mark Wortmann, Executive Director of Alzheimer's Disease International - an umbrella organization of Alzheimer Associations around the world which offer support and advice to people with the disease and their carers. "I am pleased that the patch offers a new approach to treatment." Exelon (rivastigmine) in capsule form has been approved since 1997 to treat patients with mild to moderate Alzheimer's disease in more than 70 countries. Since 2006, Exelon in capsule form or oral solution has been the only member of the cholinesterase inhibitor class of medicines that is approved in both Europe and the US for treating mild to moderate Alzheimer's disease as well as Parkinson's disease dementia. On July 6, 2007, the US Food and Drug Administration (FDA) approved Exelon® Patch (rivastigmine transdermal system) for the treatment of mild to moderate Alzheimer's disease and Parkinson's disease dementia. Alzheimer's disease affects one in 10 people over age 65, making it the most common form of dementia[3]. The global direct costs of dementia in 2003, for example, were estimated at USD 156 billion[4]. Disclaimer The foregoing release contains forward-looking statements that can be identified by terminology such as "potential", "can", "estimated", or similar expressions, or by express or implied discussions regarding potential future revenues from Exelon Patch. Such forward-looking statements reflect the current views of the Company regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results with Exelon Patch to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Exelon Patch will achieve any particular levels of revenue in the future. In particular, management's expectations regarding Exelon Patch could be affected by, among other things, unexpected clinical trial results, including unexpected new clinical data and unexpected additional analysis of existing clinical data; competition in general; government, industry and general public pricing pressures; the company's ability to obtain or maintain patent or other proprietary intellectual property protection; unexpected regulatory actions or delays or government regulation generally, and other risks and factors referred to in Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. About Novartis Novartis AG (NYSE: NVS) is a world leader in offering medicines to protect health, cure disease and improve well-being. Our goal is to discover, develop and successfully market innovative products to treat patients, ease suffering and enhance the quality of life. We are strengthening our medicine-based portfolio, which is focused on strategic growth platforms in innovation-driven pharmaceuticals, high-quality and low-cost generics, human vaccines and leading self-medication OTC brands. Novartis is the only company with leadership positions in these areas. In 2006, the Group's businesses achieved net sales of USD 37.0 billion and net income of USD 7.2 billion. Approximately USD 5.4 billion was invested in R&D. Headquartered in Basel, Switzerland, Novartis Group companies employ more than 100,000 associates and operate in over 140 countries around the world. For more information, please visit http://www.novartis.com. References [1] Winblad B, Cummings J, et al. A 6-Month Double-blind, Randomized, Placebo-Controlled Study of a Transdermal Patch in Alzheimer's Disease - Rivastigmine Patch versus Capsule. International Journal of Geriatric Psychiatry May 2007: 22: 5:485-491. [2] Winblad B, Cummings J, et al. Caregiver Preference For Rivastigmine Patch Relative to Capsule For Treatment of Probable Alzheimer's Disease. International Journal of Geriatric Psychiatry May 2007: 22: 5: 456-67. [3] Alzheimer's Association. Alzheimer's Disease Facts and Figures, 2007. [4] Wimo A, Jonsson L, Winblad B. An Estimate of the Worldwide Prevalence and Direct Costs of Dementia in 2003. Dementia and Geriatric Cognitive Disorders 2006; 21:175-181. # # # Novartis Media Relations John Gilardi Julie Morrow Novartis Global Media Novartis Pharma Communications Relations +41 61 324 1135 (direct) +41 61 324 3018 (direct) +41 79 596 4636 (mobile) +41 79 596 14008 (mobile) julie.morrow@novartis.com john.gilardi@novartis.com e-mail: media.relations@novartis.com Novartis Investor Relations International North America Ruth Metzler-Arnold Ronen Tamir +1 212 Katharina Ambuehl 830 2433 Nafida Bendali Jill Pozarek +1 Pierre-Michel Bringer 212 830 2445 Jason Hannon Edwin Valeriano +1 212 Thomas Hungerbuehler 830 2456 Richard Jarvis Central phone no: +41 61 324 7944 e-mail: investor.relations@novartis.com e-mail: investor.relations@novartis.com --- End of Message --- Novartis International AG Posfach Basel WKN: 904278; ISIN: CH0012005267; Index: SLCI, SMI, SPI, SLIFE; Listed: Main Market in SWX Swiss Exchange, ZLS in BX Berne eXchange;


 

As a result of the rebranding and harmonized corporate identity of the Walter Meier Group companies, the following changes will take effect: The umbrella company of the Walter Meier Group in Stäfa/ZH will change its name to Walter Meier AG on September 24, 2007. The trading symbol of the Walter Meier -A- registered share listed on the SWX Swiss Exchange will now be WMN. The security number (1594024) and ISIN number (CH0015940247) will remain unchanged. Walter Meier AG in Schwerzenbach/ZH, operating in the Processing Competence Area, will be renamed Walter Meier (Fertigungslösungen) AG. The subsidiaries of Walter Meier (Axair Kobra AG, Oertli Service AG and Vescal SA), operating on the Swiss market in the Climate Competence Area, will be merged to become the new Walter Meier (Klimalösungen) AG after the 2007 year-end closing. Market launch date under the Walter Meier brand will be November 12, 2007 for all the above-mentioned subsidiaries. Walter Meier is a global service and industrial group with the Competence Areas Climate and Processing. In 2006, with approximately 1800 employees, Walter Meier achieved sales of almost CHF 800 million. The shares of Walter Meier are listed on the SWX Swiss Exchange (security no. 1594024). Dates: December 31, 2007 Year-end closing 2007 February 26, 2008 Year-end results 2007; Media and Financial Analysts' Conference April 10, 2008 Annual Shareholders' Meeting Further information available from: Silvan G.-R. Meier, CEO This media release, as well as further information, is available on www.wmh.ch The media release can be downloaded from the following link: --- End of Message --- WMH Walter Meier Holding AG Laubisrütistrasse 24 Stäfa WKN: 1594024; ISIN: CH0015940247; Index: SPI, SPIEX, SSCI; ;


 

(Munich, September 23, 2007) Wacker Construction Equipment AG, Neuson Kramer Baumaschinen AG and the main shareholders of Neuson Kramer Baumaschinen AG, Austria (accounting for a 89.63% holding), signed an agreement today to merge both companies. The remaining shareholders of Neuson Kramer Baumaschinen AG, holding the remaining 10.37% of stock, have also undertaken to transfer their shares to Wacker Construction Equipment AG upon receipt of confirmation, that relevant information requested from the fiscal authorities will be provided. Neuson Kramer Baumaschinen AG main shareholders will transfer their shares to Wacker Construction Equipment AG in exchange for 16,702,912 new shares from a capital increase by means of contributions in kind and 4,349,961 treasury shares in Wacker Construction Equipment AG. The Executive Board has concluded on a positive decision today in reference to the necessary capital increase. The Executive Board had previously already been authorized during the Annual General Meeting on April 13, 2007, to act accordingly. The Supervisory Board of Wacker Construction Equipment AG has also given full approval to this decision today. The merger is set to close in October 2007. The remaining shareholders will transfer their shares to Wacker Construction Equipment AG upon receipt of the above-mentioned fiscal confirmation in exchange for 2,437,088 new shares from further capital increase by means of contributions in kind. The shareholders of Neuson Kramer Baumaschinen AG will not receive a cash settlement on the part of Wacker Construction Equipment AG. Instead, a special dividend of EUR 18 million had been distributed from Neuson Kramer Baumaschinen AG funds in the run-up to the merger. Furthermore, Neuson Kramer Baumaschinen AG submitted figures for the first half of fiscal 2007/2008 (February 1 to July 31) to Wacker Construction Equipment AG today. The figures reveal that the company has continued to build on the positive results from the first quarter and that group-wide sales and profit (Expenditure Format) are up on the same period last year. Strong demand for Neuson Kramer Baumaschinen AG products pushed group-wide sales up 30.4 percent from EUR 139.0 million for the same period last year to reach EUR 181.2 million. Profit before interest, tax and depreciation (EBITDA) rose by 39.0 percent to EUR 36.8 million (previous year: EUR 26.5 million), profit before interest and tax (EBIT) rose by 40.2 percent to EUR 34.8 million (previous year: EUR 24.8 million) despite dedicated special expenditures for the planned merger. Profit for the period constituted EUR 23.6 million (previous year: EUR 17.6 million). Additional information about the Wacker Construction Equipment AG shares: ISIN: DE000WACK012 WKN: WACK01 Listing requested: Official Market / Prime Standard; Frankfurt Stock Exchange Registered office of the company: Germany Contact: Wacker Construction Equipment AG Imre Szerdahelyi Head of Corporate Communication Preußenstr. 41 80809 Munich Germany Tel. + 49 - 89 - 354 02 - 251 E-Mail: ir@eu.wackergroup.com Internet: www.wackergroup.com Disclaimer: This publication constitutes neither an offer to sell nor an invitation to buy securities. This document does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in The United States. The shares in Wacker Construction Equipment AG (the "Shares") may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. It is not intended to register any Shares in the United States or to conduct an offering of Shares in the United States. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). --- End of Message --- Wacker Construction Equipment AG Preußenstr. 41 München Deutschland WKN: WACK01; ISIN: DE000WACK012; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse;


 

Munich, September 2007: BAVARIA Industriekapital AG's Board of Management decided on a share buyback program in August 2007, approved by the Annual Meeting on 25 May 2007, in accordance with Section 71 para. 1 item 8 of the German Stock Companies Act. In the period from August 2007 to September 20, 2007, a number of 31.400 BAVARIA Industriekapital shares were acquired for a total acquisition value of EUR 429 thousands via the stock exchange. This is equal to an average share price of EUR 13,65. The company may acquire own shares up to a maximum of 10% of the share capital at the time of authorization (25 May 2007). The shares are executed exclusively through the stock exchange. The buy-back will take place under the management of an investment bank. The share buy-back will be initially restricted to a total purchase price (excluding incidental expenses) of EUR 1,0 Million; on the basis of the share price level on 20 September 2007 (approx. 13,50 EURO), this would be around 74.000 shares or 1,12% of the current share capital. In the case of a rising or falling share price, the number of shares to be acquired will change accordingly. The share buy-back was taken into consideration since the management of BAVARIA Industriekapital AG considered the present shares being significantly undervalued. The repurchased shares will be booked into current assets. Therefore they can be transferred later as employee shares or be sold via the stock exchange. The buy-back program may be stopped and resumed at any time. BAVARIA Industriekapital AG will keep its stakeholders informed about the progress of the share buy-back program regularly on its website (www.baikap.de). BAVARIA Industriekapital AG obtained sales revenue of EUR 333 million and an EBITDA of EUR 51 million in 2006 and is listed int the Entry Standard (Open Market) at the Frankfurt Stock Exchange. The group, with its headquarter in Munich, acquires companies with strong market position and a great potential of improvement. For additional information please contact: BAVARIA Industriekapital AG Frau Sibylle Wienecke Investor Relation sibylle.wienecke(AT)baikap.de Tel +49 (0)89 7298 967 - 20. --- End of Message --- BAVARIA Industriekapital AG Bavariaring 18 München Germany WKN: 260555; ISIN: DE0002605557; Listed: Entry Standard in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;


 

NASSAU, Bahamas, Sept. 21, 2007 (PRIME NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (NASDAQ: ULTR) announced today that it will be a presenter at the Jefferies Fourth Annual Shipping, Logistics & Offshore Services Conference in New York on September 25, 2007. Felipe Menendez Ross, President and Chief Executive Officer, will speak to the investment community at 1:00 pm EDT. The audio and slide presentation webcast from the conference may be accessed live on the following link: http://www.wsw.com/webcast/jeff19/ultr/ . The audio and slide presentation from the conference will be archived through October 2, 2007. Ultrapetrol is an industrial transportation company serving the marine transportation needs of its clients in the markets on which it focuses. It serves the shipping markets for grain, forest products, minerals, crude oil, petroleum and refined petroleum products, as well as the offshore oil platform supply market and the leisure passenger cruise market, with its extensive and diverse fleet of vessels. These include river barges and pushboats, platform supply vessels, tankers, oil-bulk-ore vessels and passenger ships. More information on Ultrapetrol can be found at www.ultrapetrol.net. The Ultrapetrol (Bahamas) Limited logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3164 CONTACT: The Abernathy MacGregor Group Media and Investor Inquiries Charles Burgess 1-866-820-7033


 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - September 21, 2007) - Longview Capital Partners Incorporated (TSX VENTURE: LV)(FRANKFURT: L6V) is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange ("TSX") under its current trading symbol "LV". Longview Capital Partners' shares will be delisted from the TSX Venture Exchange on September 24, 2007 upon commencement of trading on the TSX. Longview Capital Partners was honoured to have recently earned a spot on the TSX-V Top Fifty Companies list for 2006 as a Tier 1 Investment Issuer on the TSX Venture Exchange. The Company looks forward to continuing its relationship with the TSX Venture Exchange as it guides the going-public process of the many private companies in its portfolio. Damien Reynolds, CEO, noted: "We have experienced tremendous growth since originally listing on the TSX-V in September 2005. Our new TSX listing will further enhance Longview Capital Partners ability to seek out and acquire exceptional early-stage opportunities in the resource sector." About Longview Capital Partners Longview Capital Partners is a global resource group which selectively invests in private or undervalued assets, augment management teams with our expertise and assist in the going public process. Once public, Longview Capital Partners continues to invest and brings an awareness of each opportunity to our network of retail and institutional investors. Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Contacts: Longview Capital Partners Incorporated Mr. Spiro Kletas Investor Relations (604) 681-5755 Website: www.longviewcp.com


 

Oslo (2007-09-21): Yara International ASA has received clearance from the European Commission to acquire Kemira GrowHow Oyj, and will waive the remaining preconditions for its tender offer. The European Commission approval is subject to certain conditions that Yara International ASA is committed to fulfill. "The approval from the European Commission paves the way for the further development of a world-class company. Kemira GrowHow's phosphate and Yara's nitrogen activities will serve as a solid platform for the future and further position the company as a knowledge leader in the global fertilizer industry, known for its broad portfolio and balanced fertilization", says Thorleif Enger, President and CEO of Yara International ASA. On 24 May 2007 Yara Nederland B.V., a wholly-owned subsidiary of Yara International ASA, acquired 17,188,480 shares in Kemira GrowHow Oyj from the State of Finland, at a purchase price of EUR 12.12 per share. On 21 June 2007 Yara Nederland B.V., launched a mandatory tender offer for all the issued shares in Kemira GrowHow Oyj (the "Tender Offer"). The tender offer period commenced at 9.30 (Finnish time) on 20 July 2007 and was extended on 7 September 2007 to end at 16.00 (Finnish time) on 27 September 2007. The completion of the Tender Offer is subject to the European Commission's prior approval of the transaction pursuant to Council Regulation (EC) No 139/2004 and to corresponding approvals in other jurisdictions. Yara International ASA notified the transaction to the European Commission on 2 August 2007. On 21 September 2007 the European Commission approved the acquisition subject to the fulfillment of certain commitments offered by Yara that Yara International ASA is committed to fulfill within 6 months of the completion of the Tender Offer. Yara welcomes the European Commission's approval of its acquisition of Kemira GrowHow Oyj. The acquisition is a major step forward for Yara's growth objectives and industry shaper ambition. The European Commission has approved the transaction subject to the fulfillment by Yara of the following commitments, which in aggregate correspond to less than 3% of Kemira GrowHow Oyj revenues: - Divestment of part of Yara's nitrogen chemicals business in Köping, Sweden - Divestment of part of Kemira GrowHow's nitrogen chemicals business in Tertre, Belgium - Dissolution of the Fertisupply distribution joint venture in Denmark - Sale of Yara's share in the Zemnor distribution joint venture in Latvia - Divestment of the CO2 liquefaction plant in Billingham, UK currently owned and operated by the newly established joint venture GrowHow UK Limited Yara International ASA / Yara Nederland B.V. will waive to require any other authority consents, approvals, actions or court orders for the completion of the Tender Offer. Therefore, the conditions for the completion of the Tender Offer have become fulfilled and the Tender Offer will be completed after the termination of the Tender Offer Period in accordance with the terms and conditions of the Tender Offer with respect to all Kemira GrowHow Oyj shareholders who have validly accepted the Tender Offer by that time. The offer consideration for each Share in the Tender Offer is EUR 12.12 in cash provided that the Tender Offer has been validly approved according to the terms and conditions of the Tender Offer Document and that its acceptance has not been validly withdrawn (the "Offer Consideration"). Subject to the completion of the Tender Offer the Offeror will pay interest on the Offer Consideration at the rate of five (5) percent per annum from the date of receipt (excluding the date of receipt) of acceptance of the Tender Offer until the payment (including the date of payment) of the Offer Consideration. The Tender Offer will be completed with respect to all Kemira GrowHow's shareholders who have validly accepted the Tender Offer no later than on the fifth (5th) banking day following the end of the Tender Offer Period, i.e. by 4 October 2007 (Completion Date). If possible, the completion trades will be executed on the Helsinki Stock Exchange. The completion trades will be settled on the third (3rd) banking day following the completion trades, i.e. on 9 October 2007. The Offer Consideration will be paid on or about the third (3rd) banking day following the date of the completion trade. The accrued interest will be paid on or about the fifth (5th) banking day following the date of the completion trade. Yara will fund the offer consideration from its existing cash balances and credit lines. Yara has confirmed to Kemira GrowHow that the funding will be available at the time of the tender offer as required by the Finnish Securities Markets Act. Kemira GrowHow Oyj is one of the leading producers of fertilizers and feed phosphates in Europe, with production facilities in 8 countries, sales to over 100 countries and about 2,500 employees. At the date of this release, the members of the Kemira GrowHow Oyj board of directors are Ossi Virolainen (Chairman), Lauri Ratia (Vice-Chairman), Arto Honkaniemi, Satu Raiski, Helena Terho, Esa Tirkkonen and Maija Torkko. The CEO of Kemira GrowHow Oyj is Heikki Sirviö. The members of the board of directors will be replaced following the completion of the Tender Offer. Kemira GrowHow Oyj focuses on providing customized fertilizers and related services for crop cultivation, feed phosphates for use in animal feed, as well as process chemicals for selected industrial segments. The company owns and operates a major phosphate mine at Siilinjärvi, Finland and has access to additional phosphate rock through mining rights at Sokli, also in Finland. For the year ended 31 December 2006, Kemira GrowHow Oyj reported Net sales of EUR 1,166.2 million, Operating profit of EUR 11.1 million, a Net loss after minority interest of EUR 7.8 million and Total assets of EUR 844.7 million. For the six months ended 30 June 2007, Kemira GrowHow Oyj reported Net sales of EUR 682 million, Operating profit of EUR 38.9 million, Net income after minority interest of EUR 28.3 million and Total assets of EUR 868.2 million. At 31 December 2006, Kemira GrowHow Oyj unrecognized net actuarial losses relating defined benefit pension plans were EUR 41.8 million. The combination of the two companies will create a strong, world-class company able to compete effectively in the global fertilizer market. Phosphate rock mining, phosphoric acid and finished products at Siilinjärvi and Uusikaupunki in Finland will be important additions to Yara's phosphate-related capabilities and represent new capacity within Yara. Yara is interested in opening the Sokli mine in Finnish Lapland and to explore the commercial utilization of the phosphate raw material extracted from the mine, if a commercially sustainable means of implementation will be found. Kemira GrowHow's phosphate mining and primary upgrading operations in Finland will provide new competencies to the combined company, complementary to Yara's existing operations. Yara foresees that these operations will continue in the role of key competence centers in these fields as part of the combined company. Yara and Kemira GrowHow have both streamlined their operations during the last ten years. The combination creates new opportunities for value creation through further synergies and growth. Based on 2006 reported financials, the acquisition of Kemira GrowHow Oyj will increase Yara International ASA revenues and assets by approximately 21% and 20% respectively. Kemira GrowHow will be consolidated into Yara International ASA fourth-quarter 2007 results. The impact on the Yara International ASA third quarter 2007 results will not be material. Subject to the agreement by and between Yara and the relevant individuals, the CEO, CFO and other members of the senior management of Kemira GrowHow Oyj who will reach retirement age prior to 2010, will continue their respective service relationship with the combined company in a combination of active assistance in the transition followed by engagement in a consultancy capacity at the present compensation (salary, bonus, benefits, etc.) level until eligible for pension at the age of 60. All shares issued pursuant to the 2004 - 2006 incentive compensation schemes of Kemira GrowHow Oyj will be subject to the Tender Offer. The rights for the shares scheduled to be issued during 2008 under the 2005 incentive compensation scheme of Kemira GrowHow Oyj will be compensated for in cash to the participants of the incentive compensation scheme. In addition, the rights of the participants of the 2007 - 2009 incentive compensation schemes of Kemira GrowHow Oyj will be settled in cash in accordance with the terms and conditions of such incentive compensation schemes. The parties acknowledge that the obligation to settle the 2007 - 2009 incentive compensation schemes in cash applies to incentive compensation payable under the schemes in respect of the ear in which the combination is completed (and the prior year if the Combination is not completed in 2007). Thereafter, the incentive compensation shall be determined in accordance with any replacement plan. Reference is made to the Tender Offer document (enclosed) including the Combination Agreement of 24 May 2007 between Yara International ASA and Kemira GrowHow Oyj. Yara International ASA Board of Directors Contact Torgeir Kvidal, Investor Relations Telephone (+47) 24 15 72 95 Cellular (+47) 91 339 832 E-mail torgeir.kvidal@yara.com Hamed Brodersen, Media Relations Cellular (+47) 40 468 110 E-mail hamed.mozaffari.brodersen@yara.com Yara International ASA is a leading chemical company that converts energy and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of 7,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry. www.yara.com DISCLAIMER This press release must not be published, released or otherwise distributed in whole or in part in or into the United States, Canada, Japan or Australia. This stock exchange release is neither an offer to purchase nor a solicitation for an offer to sell shares, and the Tender Offer will not be made directly or indirectly in the United States, Canada, Japan or Australia or any other jurisdiction where such an offer would violate laws of that jurisdiction. This stock exchange release and tender offer will not and may not be distributed, forwarded or transmitted in any way, such as by post, fax, email or telephone, or in any other way to or from areas where it would violate the law.


 

Please, find enclosed the press release issued today by RHJ International announcing that its portfolio company, D&M Holdings Inc., has appointed a new Chief Financial Officer. RHJ International (Euronext: RHJI) is a diversified holding company focused on creating long-term value for its shareholders by acquiring and operating businesses in attractive industries in Japan and elsewhere. For further information visit www.rhji.com. Arnaud Denis Investor Relations Director RHJ International Tel. +32 2 643 60 13 http://www.rhji.com investor-relations@rhji.com


 

Amsterdam, 21 September 2007 - Heineken N.V. today announced that Don Blaustein will be appointed President and CEO, Heineken USA effective October 5th. This appointment follows the decision of Andy Thomas, currently President and CEO of Heineken USA to leave the business effective October 5th, 2007. Don Blaustein is currently Senior Vice President of Sales with Heineken USA. Commenting on the change, Massimo von Wunster, Regional President Heineken Americas said: "Andy's decision was clearly not easy, but we both agree it is the right one. Over 12 years with Heineken, Andy has made a valuable contribution in each of his roles. In his most recent two years with Heineken USA, his leadership of the Heineken Premium Light launch and the negotiation of the ten-year agreement with FEMSA are important milestones for the business. He leaves Heineken USA performing strongly and with a great platform for future growth. "I am delighted that Don Blaustein has accepted the role of President and CEO, Heineken USA. Don has extensive experience of leading and building successful beer businesses both in the Americas and internationally. Since joining Heineken USA two years ago, Don has had a considerable impact on performance and his experience and knowledge will be invaluable as Heineken USA continues to grow." Andy Thomas commented: "This decision has been difficult for me. However, it has gradually become apparent that the company and I do not share exactly the same perspectives on the business. We have therefore mutually and amicably concluded that this is the best way forward. I know that Heineken USA will continue to enjoy success and I look forward to starting a new stage in my career." Don Blaustein said, "It will be a genuine privilege to lead the Heineken USA organisation. We have a great team, strong plans and the right strategy. When you combine this with the strength of our brand portfolio and our positive partnership with FEMSA, I believe we are well on the way to unlocking the true potential of our business. I look forward to continuing to build on the Heineken USA success story." Editorial information: Heineken N.V. is the most international brewer in the world. The Heineken brand is sold in almost every country in the world and the company owns over 115 breweries in more than 65 countries. With a Group beer volume of 132 million hectolitres Heineken ranks fourth in the world beer market by volume. Heineken strives for an excellent sustainable financial performance through marketing a portfolio of strong local and international brands with the emphasis on the Heineken brand, through a carefully selected combination of broad and segment leadership positions and through a continuous focus on cost control. In 2006, revenues amounted to ¤ 12 billion and net profit before exceptional items and amortisation of brands amounted to ¤ 930 million. Heineken employs over 57,500 people. Heineken N.V. and Heineken Holding N.V. shares are listed on the Amsterdam stock exchange. Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on the Reuter Equities 2000 Service under HEIN.AS and HEIO.AS. Additional information is available on Heineken's home page: http//www.heinekeninternational.com. Press enquiries Véronique Schyns Tel: +31 (0)20 52 39 355 Cell: +31 (0)6 20300139 Email: veronique.schyns@heineken.com Investor and analyst enquiries Jan van de Merbel Tel: +31 (0)20 52 39 590 Email: investors@heineken.com


 

Nordea's annual general meeting (AGM) 2007 decided to set up a nomination committee whose task in reference to the AGM 2008 is to propose board members and chairman of the board, as well as remuneration to the board members and auditor. The nomination committee shall comprise one representative for each one of the four largest shareholders in terms of voting rights who wish to participate in the nomination committee and also the chairman of the board Hans Dalborg. The shareholders have appointed the following members: Jonas Iversen, Director at the Ministry of Enterprise, Energy and Communications, Swedish state Kari Stadigh, Group Deputy CEO of Sampo Plc Mogens Hugo, Chairman of Nordea Danmark-fonden Christer Elmehagen, CEO of AMF Pension Jonas Iversen has been appointed chairman of the nomination committee. The next AGM will be held on Thursday 3 April 2008. Shareholders who want to forward a proposal to the nomination committee shall submit a written proposal no later than 31 January 2008 to the following address: Nordea Bank AB (publ) Nomination Committee c/o Group Legal, H 50 105 71 Stockholm, Sweden For further information Jonas Iversen, chairman of the nomination committee, +46 8 405 22 44


 

The Swedish Competition Authority today approved KappAhl Holding AB's (publ) planned acquisition of AB Lindex (publ). Foreign Competition Authorities have granted corresponding approval. The background is KappAhl's public cash bid as per August 13, 2007, to Lindex' shareholders to transfer all shares in Lindex to KappAhl. The acceptance period runs until September 27, 2007. For further information, please contact Christian W. Jansson, President and Tel. +46 70 995 02 CEO 01 Håkan Westin, CFO Tel. +46 70 471 56 64 KappAhl Holding AB (publ) Box 303, 431 24 Mölndal KappAhl is a leading Nordic fashion chain with approximately 272 stores in Sweden, Norway, Finland and Poland. We design, market and sell clothes for the entire family, but focus in particular on women between 30 and 50 years of age, shopping for the whole family. KappAhl's head office and distribution centre, which handles the distribution of goods to all stores, is located in Mölndal, just outside Gothenburg. KappAhl employs around 3,700 individuals, more than 90 per cent of whom are women. During the 2005/06 financial year, KappAhl had sales of SEK 4.2 billion, with an operating profit of SEK 530 million. KappAhl's shares are listed on the OMX Nordic Exchange in Stockholm. Further information about the company is available at www.kappahl.com and financial information is available at www.kappahl.com/ir.


 

Press release On 17 September Oslo Properties AS announced a public, voluntary cash offer to acquire all of the issued shares of Norgani for NOK 91 per share. The offer period runs from 17 to 24 September 2007. Oslo Properties AS announced certain amendments of its offer today, including an increase of the offered price to NOK 94 per share. The Board of Directors notes that Oslo Properties AS' increase offer of NOK 94 per share represents an improvement of NOK 5.50 compared to a previous offer presented by Aberdeen Bid Company AS and which has been recommended by the Board. The Board has also noted that the improved offer contains a price protection provision in favour of Norgani's shareholders. The Board expressed on 18 September that the then current bid of NOK 91 fell within the value range which the Board previously has considered to be a fair value of the shares. It follows that the Board recommends that the Shareholders accept the current offer of NOK 94 per share. The employees have studied the revised offer and are generally positive to an acquisition of Norgani by Oslo Property AS. As regards the position taken by the senior management and the Directors in their capacity as shareholders of Norgani, reference is first made to the Board's statement of 10 September. Since the directors and senior management of Norgani have been released from its commitments towards Aberdeen Bid Company AS, they will now accept the current offer of NOK 94 per share from Oslo Properties AS. For further information: Jan Petter Storetvedt, Chairman of the board +47 91630001 With a portfolio of more than 70 hotels in the Nordic region, Norgani is Europe's fifth largest hotel property investor. Through size and specialization Norgani has knowledge of and insight in the hotel industry, creating a unique platform for development of hotel properties and business in cooperation with operators and brands. The share is listed on the Oslo Stock Exchange. www.norgani.no


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Elliott Advisors (UK) Ltd. | |--------------------------------------+----------------------------| | Company dealt in | Imperial Chemical | | | Industries PLC | | | | |--------------------------------------+----------------------------| | Class of relevant security to which | Ordinary Shares | | the dealings being disclosed relate | | | (Note 2) | | |--------------------------------------+----------------------------| | Date of dealing | 20 September 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-----------------------------------------------------------------------------------------+ | | Long | Short | | | | | |---------------+------------------------------------------+------------------------------| | |Number |Number | | |(%) | (%) | |---------------+------------------------------------------+------------------------------| |(1) Relevant | | | |securities | | | | | | | |---------------+------------------------------------------+------------------------------| |(2) Derivatives|18,106,072 1.5143% | | |(other than | | | |options) | | | | | | | |---------------+------------------------------------------+------------------------------| |(3) Options and| |5,521,250 | |agreements to | |0.4618% | |purchase/sell | | | | | | | |---------------+------------------------------------------+------------------------------| |Total |18,106,072 1.5143% |5,521,250 | | | | 0.4618% | +-----------------------------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------------------------------------------------------+ |Class of relevant security: | Long | Short | | | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| | |Number |Number | | |(%) | (%) | |---------------------------------+------------------------------------------+--------------------------------------| |(1) Relevant | | | |securities | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| |(2) Derivatives (other than | | | |options) | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| |(3) Options and agreements to | | | |purchase/sell | | | | | | | |---------------------------------+------------------------------------------+--------------------------------------| |Total | | | | | | | +-------------------------------------------------------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------------+ | Class of relevant security: | Details | | | | |-----------------------------+---------| | | | +---------------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | | | | | |---------------+----------------------+-------------------------| | | | | +----------------------------------------------------------------+ (b) Derivatives transactions (o