Rebuttal of Apple Document

Aminex PLC
9 April 2002



FOR IMMEDIATE RELEASE

                                   AMINEX PLC
                          ("Aminex" or "the Company")

Aminex Rebuts Apple Document

We have seen Apple's latest offer document.  This is a disgraceful attempt to
mislead shareholders by presenting opinion as fact.  It makes no attempt to
justify Apple's repeated claim that its complex Loan Note proposal has value:
not surprisingly, because it has no guaranteed value.

The document avoids rational discussion of the key issues and merely seeks to
discredit Aminex's management and serve up distorted facts in a misleading way.
It contains inaccuracies which your Board refutes in the strongest terms.

We will be putting forward a balanced reply in due course which will clearly
demonstrate to shareholders the cynical emptiness of Apple's offer.  In the
meantime, shareholders should continue to take no action.

Brian Hall, Chief Executive of Aminex, said today:

"Apple's offer is the clearest evidence possible that empty vessels make the
most noise.  Apple offers nothing new, nothing to reassure shareholders about
their Loan Note, nothing of substance.  Nothing is perhaps to be expected from
Mr. David McErlain, who was forced to resign as chairman of Anglo United
following its disastrous losses and destruction of shareholder value.

"I am sure shareholders will not be impressed by this nonsense.  At the end of
last week, over 82% of Aminex's shareholders had chosen to ignore or reject
Apple's offer.  They should continue to do so."

                                                                   9 April 2002


Enquiries:

Aminex PLC                                            [phone]
Brian Hall

Davy Corporate Finance Limited                        [phone]
Hugh McCutcheon

College Hill                                          [phone]
James Henderson
Archie Berens

Dennehy Associates                                    [phone]
Michael Dennehy


Responsibility Statement

The directors of Aminex accept responsibility for the information contained in
this announcement except that the only responsibility accepted in respect of the
information relating to Apple, which has been compiled from published sources,
is to ensure that it has been correctly and fairly reproduced and presented.
Subject as aforesaid, to the best of the knowledge and belief of the directors
of Aminex (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement for which they accept
responsibility is in accordance with the facts and does not omit anything likely
to affect the import of such information.

Davy Corporate Finance Limited, which is authorised to carry on investment
business in Ireland by the Central Bank of Ireland, is acting exclusively for
Aminex and no one else in connection with the offer and will not regard any
other person as its client or be responsible to any person other than Aminex for
providing the protections afforded to clients of Davy Corporate Finance Limited,
nor for giving advice to any such person in relation to the offer.

Davy Corporate Finance Limited has approved the contents of this announcement
solely for the purpose of section 21 of the Financial Services and Markets Act
2000. The principal place of business of Davy Corporate Finance Limited is Davy
House, 49 Dawson Street, Dublin 2, Ireland.

Davy Corporate Finance Limited has given and has not withdrawn its consent to
the issue of this announcement with the inclusion of its advice in the form and
context in which it is included.

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