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AUSTRALIAN CONSOLIDATED INVESTMENTS LIMITED (AUC)

Delisted from ASX 17/06/1999

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delisted pursuant to Listing Rule 17.11 at the request of the company.17/06/1999
we understand the company had 1,191,859,193 shares on issue of which Brierley Investments Limited and its subsidiaries held 1,166,429,432 - the company selectively reduced the capital by cancelling all of the 25,429,761 shares held by the non-Brierley shareholders for a consideration of 90 cents cash per share17/06/1999
we understand an amount of 90 cents per share was paid in June 1999 as consideration for the selective capital reduction approved at the EGM held on 14 May 199917/05/1999
name changed from Bell Resources Limited20/12/1990

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