The Board of Directors decided that an Extraordinary General Meeting of the Company will be on Friday, December 3, 2004
for the purpose of putting to the shareholders of the Company:
1. The proposed increase in the authorized share capital of the company from $35,000,000 to $41,250,000 by the creation of
an additional 12,500,000 shares of 50 cents each, such additional shares to rank pari passu in all respects with the
existing ordinary shares in the Company.
The purpose of the proposed increase in share capital of the Company is to facilitate a Renounceable rights issue being
considered by the Directors for the raising of additional capital of the Company and also to facilitate a broadening of the
shareholder base of the Company.
2. Recommendation for the establishment of an Employee Share Scheme by setting aside of 1,000,000 of the authorized but
unissued shares of 50 cents each for the sale to employees of the Company under the proposed Employee Share Scheme in such
tranches and at such prices to be determined by the Directors.
