Interim Statement Extension

Re : Interim Statement

The Company announces that, in respect of the Interim Statements for the six
months ending 30 June 2005, it intends to avail itself of the rule relaxation
notified by the FSA in a letter to the Chief Executive on 25th October 2004.
The relaxation extends the usual 90-day reporting deadline, for interim
statements, to 120 days. It is expected that the Announcement of the Company's
Interim Statement will be made at 7.00am on 5th October 2005.

The extension is necessary as a result of the work required to ensure that our
financial statements comply with International Financial Reporting Standards.

Graham Kettleborough

Chief Executive Officer