MAINTAINS OWNERSHIP DILUTION IN TT&T

11 March 1997
Loxley Plc (LOXLEY) notified shareholding proportion after it reportedly subscribed capital increased shares issued by TT&T on March 6, 1997 at the ratio of 2:1(old:new) totalling to 52.15 million units valued 521.49 million shares, detail as shown below: Statement Paid-up capital LOXLEY's dilution Percentage of TT&T (million shares) (million shares) -Former dilution 750 104.30 13.91% -Increase capital (750+375) (104.30+52.15) 13.91% by selling old shares