Acquisition
LENDU HOLDINGS PLC IRRIGATED-COTTON, BEEF-CATTLE AND CEREAL PRODUCTION IN QUEENSLAND, AUSTRALIA Australian acquisition The directors of Lendu Holdings PLC are pleased to announce that the acquisition of the irrigated- cotton property, Warendi, for a consideration of A$12 million (£4.25 million at the current rate of exchange), which was announced on 2 August 2002, was duly completed on 12 September 2002. By order of the board M.P.Evans (UK) Limited Secretaries 13 September 2002 For further information: Lendu Holdings PLC Peter Hadsley-Chaplin - 01892 516333 Brown Shipley Corporate Finance