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Osprey Comms. (OSPY)

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Wednesday 17 November, 1999

Osprey Comms.

Statement re Share Price Movement

Osprey Communications PLC
17 November 1999


Osprey Communications announces that it has noticed the recent share price
increase and confirms that it knows of no reason for this.

However, the Company announces that it has recently established a new wholly
owned subsidiary, Osprey.Lime Limited, whose business is to advise existing
clients on web site design and management.


                                                                                                                        

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