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Salada – Restructuring

The Company advises that regarding it’s restructuring, a redundancy exercise has been carried out in July 2005.

As a result the Company will experience a major reduction in Labour cost, as well as improved productivity, as it continues to strive for future growth and development.

In addition it is expected that from this exercise the company\\\’s profit will be significantly reduced for the year ending September 30, 2005.