ADMISSION OF BYCHEMEX LIMTED ON THE DEVELOPMENT & ENTERPRISE MARKET (DEM) AND SUSPENSION OF DEALINGS IN ITS SECURITIES ON THE OVER-THE-COUNTER (OTC) MARKET

 

The Stock Exchange of Mauritius wishes to inform investors and the public that Bychemex Limited, which is currently quoted on the OTC Market, will be admitted to the DEM in January 2007.

 

Dealings in the securities of Bychemex Limited will commence on the DEM on Monday, January 29, 2007. Shareholders who wish to trade in the securities of Bychemex Limited on Monday, January 29, 2007, should deposit their share certificates in the CDS at latest, on Tuesday, January 16, 2007.

 

Dealings in the securities of Bychemex Limited on the OTC Market will be suspended after market close on Tuesday, January 23, 2007 to enable a smooth migration of the company on the DEM.

 

The reference price of the securities of the above company at the start of the first trading session on the DEM on Monday, January 29, 2007 will be the closing price, as adjusted for corporate actions, if any, of the above securities on the OTC Market on Tuesday, January 23, 2007.

 

For more information, please contact

The Stock Exchange of Mauritius on (230) 212 9541

The Central Depository & Settlement Co Ltd on (230) 211 3507-11

or any licensed Stockbroking Company

 

 

January 15, 2007