REPORTS RESULT OF 2nd E.C.D CONVERSION

11 ตุลาคม 2539
Loxley Plc (LOXLEY) reported on the result of its 2nd Euro Convertible Debenture (E.C.D) conversion stating that in September, 1996, no holders converted their E.C.Ds into the company's common shares. LOXLEY previously issued and offered E.C.Ds worth US$105 million to foreign investors since April 4, 1996. The holders are eligible to convert them into the company's common shares after July 4, 1996.