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Announcement to ASX re Purchase of the Glades, Robina

03-Feb-2000



The directors of Thakral Holdings Limited are pleased to announce that contracts have been exchanged to purchase a 134 hectare golf course residential project at Robina, South East Queensland.

Please provide us with your confirmation of release announcement.

We attach a copy of the Press Release giving more details of this acquisition.

Yours faithfully,



Andrew Horne
Group Company Secretary