Regulatory Application

LENDU HOLDINGS PLC IRRIGATED-COTTON, BEEF-CATTLE AND CEREAL PRODUCTION IN QUEENSLAND AND NEW SOUTH WALES, AUSTRALIA The Company announces that it has applied to AIM for the admission of 154,784 new shares of 5p each pursuant to its scrip dividend scheme. It is expected that dealings in the new shares will commence on 21 November 2002. By order of the board M.P.Evans (UK) Limited Secretaries 15 November 2002 Lendu Holdings PLC Peter Hadsley-Chaplin - 01892 516333 Brown Shipley Corporate Finance Bill Staple, Director - 020 7282 3270 Brown Shipley Securities Craig Cowan, Director - 020 7282 1595 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/15/20021115BIT00650/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/15/20021115BIT00650/wkr0002.pdf