Statement re. Suspension

29 Sep 2005 07:02

R.E.A.Hldgs PLC28 September 2005 R.E.A. Holdings PLC ("the company")28 September 2005 As announced on 17 August 2005 in connection with proposals for the conversionof 4 per cent convertible loan stock 2012 into new ordinary shares and 7.5 percent dollar notes 2012/14 of the company, were it not for the recent changes tothe accounting principles which a listed company is obliged to apply inpreparing its accounts (being the change from UK Generally Accepted AccountingPrinciples to International Financial Reporting Standards), the company would have expected to issue its interim results in respect of the six months ended30 June 2005 during September 2005. However, as a result of the changes, and the additional work that this will cause, the issue of the interim results will be delayed. The interim results will be issued by 28 October 2005. As a result of the delay, in accordance with the rules of the UK ListingAuthority, the preference shares, ordinary shares, warrants and dollar notes ofthe company are all being suspended from trading on the main market of theLondon Stock Exchange by the UK Listing Authority effective 29 September 2005pending announcement of the interim results. The directors continue to expect that 2005 will prove to be another good yearfor the company. This information is provided by RNS The company news service from the London Stock Exchange