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Aspinall Exec Slams Share Issue Idea

12 January 2004

NEW ZEALAND – As reported by the NZOOM: "UK gambling group Aspinall has broken its silence on the fight over its interests in the Christchurch Casino.

"A statement issued on behalf of Aspinall's finance chief Martin Kennedy slams suggestions that there will be a share issue to fund a buyback of its stake in the casino.

"Casino chairman Barry Thomas, a major shareholder, issued a statement on January 6 referring to a proposed share buyback.

"Aspinall says the Christchurch Casino board has never considered such a proposal and it appears Thomas issued the statement in his personal capacity…"

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