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SEP

Seprod Ltd. – Disposal of Shares

Seprod has signed an agreement to dispose of all the shares in its fully owned subsidiary, Seprod Wharf & Storage Ltd. to Buskell Ltd. for US$3.5 million.

Seprod Ltd. (SEP) – Subsidiary News

Ja. Grain & Cereals Ltd., a fully owned subsidiary of Seprod Ltd., has by ordinary resolution of the company dated November 15, 1999, increased its share capital by $12.2 million

Seprod Ltd. (SEP) – Capital Distribution

At a meeting of the Board of Directors it was resolved that a Capital Distribution of sixty-five cents per share (less Transfer Tax) be paid to all shareholders on record