Company Announcements on the Local Stock Market

International Hotel Investments plc   International Hotel Investments plc held its Fifth Annual General meeting on 8th June 2005 when the shareholders approved all the resolutions on the agenda.   Hotels San Antonio plc   Hotels San Antonio approved its Income Statement on the 8th of June 2005 as at 31st December 2004.   Operating profit before depreciation and finance charges increased by 69,547 from Lm694,470 (2003) to Lm764,017.  Cash flow from operations increased from Lm661,970 (2003) to Lm816,913 (2004).  The company accrued a loss before taxation of Lm189,367 as compared to a loss before tax of Lm236,174 in the previous year, an improvement of Lm46,807.   Middlesea Insurance plc   MSI plc announced on the 14th of June 2005 that the company is authorised to acquire a number of its own shares subject to the limitations and conditions set out in the Companies Act 1995 including in particular: –          The maximum number of its own shares that the Company is authorised to acquire is 1,250,000 ordinary shares. –          The authorisation hereby given to the Company expires at the end of the next AGM or on the 18th December 2006 whichever is earlier. –          The consideration, which the Company is authorised to pay with respect to each of such shares, shall not be less than one lira and sixteen cents (Lm1.16) per share and not more than three liri and forty-eight cents (Lm3.48) per share.