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Suncrest Hotels plc

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Pursuant to the allocation policy adopted by AX Investments plc for the issue of Lm5 million 6.7% Bonds 2014-2016 which was oversubscribed, it has been confirmed that applications submitted by Suncrest Bondholders will be met in full. The Board of Directors have also given notice that the remaining balance of 8.25% Suncrest Bonds 2005-2007 will be redeemed upon maturity on 23rd March 2007. It was also announced that there was good demand for the Offer which was made to Suncrest Shareholders for the acquisition of their respective Suncrest shares in exchange for a cash consideration or through the issuance of Bonds. Please click on the above heading to view the further details in the official announcement.

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FIMBank plc

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FIMBank plc announces that the Board of Directors shall be meeting on 21st February 2007 in Kuwait City, Kuwait to: (1) Consider and approve the audited annual financial statements of the Company for the year ended 31st December 2006; (2) Consider the payment of a dividend, if any.

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Bank of Valletta plc

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Bank of Valletta has subscribed for one million shares of Lm1 Malta lira each fully paid up from an issue of two million shares of Lm1 each in Middlesea Valletta Life Assurance Co. Limited. These shares were allotted on the 15th December 2006 to existing shareholders on a pro rata basis. The Bank has thus retained its shareholding in this unlisted company at the 50% level previously held. Please click on the above heading to view the official announcement.

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Middlesea Insurance plc

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Middlesea Insurance plc has subscribed for one million shares of Lm1 Malta lira each fully paid up from an issue of two million shares of Lm1 each in Middlesea Valletta Life Assurance Co. Limited. These shares were allotted on the 15th December 2006 to existing shareholders on a pro rata basis. The Company has thus retained its shareholding in this unlisted company at the 50% level previously held. Please click on the above heading to view the official announcement.

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Global Funds SICAV plc

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Global Funds SICAV plc announced that at its eight annual general meeting held on 18th December 2006, the member present approved all the resolutions on the Agenda for the Meeting. Please click on the above heading to view the official announcement.

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Datatrak holdings plc

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At an Extraordinary General Meeting of the Company held on 28th November 2006, the following resolutions was be put to the member of the Company and passed by the said members:

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“that the share premium account of Datatrak Holdings plc be and is hereby reduced by an amount of Lm2,247,018 to offset the corresponding amount of accumulated losses within Datatrak Holdings plc in terms of the provisions of Article 83 of the Companies Act; and that the directors of the Company be hereby authorised to do all such things as may be necessary in term of law to give effect to the reduction of the share premium account and all other things that may be incidental or conductive to the above purpose. Please click on the above heading to view the official announcement.

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FIMBank plc

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FIMBank plc announced that, with effect from 11th December 2006, Mr Rogers David Le Baron, (USA and British national) has been appointed as non-executive Director. The appointment has been made by notice in writing to the Company Secretary on 6th December 2006 by the International Finance Corporation, FIMBank shareholder. In addition to his extensive experience in the international banking sector, Mr Rogers David Le Baron held the position of Director, Financial Institutions in the European Bank of Reconstruction and Development in London, from 1996 to 2004. Please click on the above heading to view further details in the official announcement.

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San Antonio plc

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Mr Edgar F. Borg, FCCA, CPA, has been appointed on the Board of Directors of Hotel San Antonio plc with effect from 10th November 2006. Please click on the above heading to view the official announcement.

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Maltacom plc

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Maltacom announced that its subsidiary Datastream Limited is to be merged with Maltacom plc. The merger progress which will be initiated with immediate effect, is part of a high level group restructuring exercise. Please click on the above heading to view the official announcement.

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International Hotel Investment plc

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IHI has announced that, further to the Company Announcement on 16th November 2006, it has entered into a Subscription Agreement with each of Corinthia Palace Hotel Company Limited (CPHCL) of Malta and Istithmar Hotels FZE (Istithmar) of Dubai. Pursuant to the Subscription Agreeement:

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(i)         Istithmar will subscribe to 178,000,000 new equity shares at Euro1.00 each.

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(ii)        IHI will acquire from CPHCL the 100% ownership of the Corinthia Bab Africa and Commercial Centre in Tripoli and the Corinthia Towers Hotel in Prague, principally in return for new shares in IHI to CPHCL.

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(iii)        The Directors of IHI shall endeavour to obtain a second listing of IHI on an international stock exchange within 12 months from closing.

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Please click on the above heading to view the official announcement.

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Malta International Airport plc

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The Board of Directors of MIA plc approved the interim unaudited financial statements for the financial period 1st April 2006 to 30th September 2006. The Directors also approved an interim net dividend of Lm1,691,249.88 representing a net dividend of Lm0.025 to all shareholders of the Company on the Register of Members on the 6th December 2006. Please click here to view the official announcement including the Financial Statements.

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Suncrest Hotels plc

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The Board of Directors refers to the offer by AX Investments plc, a subsidiary of AX Holdings Ltd, for the issue of Lm4 million 6.7% Bonds 2014-16, and notifies that it has applied to the Listing Authority to request that trading in 8.25% Suncrest Bonds 2005-2007 be suspended while the bondholders consider the option offered to them to convert their holdings to the new offer.

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AX Investments plc is writing to each Suncrest bondholder to inform them of the option to convert their holdings to the new offer being made by AX Investments plc, and giving them preference in the allocation of new bonds.

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The Listing Authority has approved the request to suspend trading of the Bonds in question to ensure the orderly transaction of business. The suspension will commence from the moment the offer to existing bondholders is made and until the offer remains open.

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Please click on the above heading to view the official announcement.