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REACH RESOURCES LIMITED M&A Activity 2003

Sep 18, 2003

65731_rns_2003-09-18_a5d1e4dd-44b3-4b1a-a0b4-7af9d87a8e72.pdf

M&A Activity

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ANNOUNCEMENT

ANNOUNCEMENT

19 SEPTEMBER 2003

Cervantes Seafood Limited advises that it has discontinued its negotiations toward a merger with Bluewave Seafood Limited.

The proximity of the commencement of the imminent crayfishing season (15th November 2003) does not enable the parties to conduct adequate due diligence and the discussions have been concluded.

AUTHORISED BY:

Chen Hao Managing Director