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Christchurch Casino Limited

Monday, 12 January 2004, 4:34 pm
Press Release: Word Of Mouth Media

On 6 January 2004, Mr Barry Thomas released a statement relating to Christchurch Casino Limited. That statement had not been referred to the Christchurch Casino board, and seems to have been issued by Mr Thomas in his personal capacity.

The statement refers to a proposed share issue to "help fund the intended buyback by Christchurch Casino of the stake held by the UK company Aspinalls".

Aspinall has no intention of participating in a buyback by Christchurch Casino of its shares in Christchurch Casino. Christchurch Casino has no right to require such a buyback to take place.

There has been no discussion between Aspinall and Christchurch Casino of a buyback of Aspinall shares. No such proposal has been considered by the Christchurch Casino board. No buyback will take place.

Aspinall felt it was appropriate to release this statement to correct the misleading impression created by Mr Thomas’ statement.

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