Acquisition

6 Dec 2006 15:28

Weatherly International PLC06 December 2006 Potential Acquisition of African Assets On 29 November 2006, the Company announced that it had entered into heads ofagreement with New World Alloys Limited ("NWA") regarding the potentialacquisition of NWA's African subsidiaries which hold its African assets. TheCompany announces that after preliminary due diligence in relation to theacquisition, it has decided to terminate discussions relating to thetransaction. For further information please contact: Weatherly International plcJohn Norris +44 (0) 20 7917 2989 First City Financial Public RelationsAllan Piper +44 (0) 20 7436 7486 This information is provided by RNS The company news service from the London Stock Exchange