ASX Announcement: 20/10/2006 Nylex 2006/7 Guidance Nylex Limited yesterday lodged a Prospectus with the Australian Stock Exchange for a fully-underwitten rights issue to raise $30 million, as part of a $40 million capital raising program. Executive Chairman Mr Peter George, said in the Prospectus that “ Trading for FY 2007 is progressing according to budget. Further details will be provided at the AGM, together with earnings guidance for the 2007 financial year and more information about the progress of the company’s restructuring plans”. Last night Mr George went on to indicate that “Nylex is likely to return to profitability in FY2007 and is not expecting any large write-offs in that year”. Issued by: Peter George Tim Allerton Executive Chairman City PR Nylex Limited (02) 9267 4511 (03) 9303 1444. Nylex Limited 50-70 PO Box 68 SOMERTON VIC 3062 Telephone: 613 9303 1444 Facsimile: 613 9303 1481 Web: www.nylexlimited.com.au ABN 95 009 375 553 PO Box 68 MENTONE VIC 3194 Telephone: 613 9581 0211 Facsimile: 613 9581 0511 Please respond to:
NLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
