royal ba*****eng

[dbm]

On homepage 'Special Announcements'

[birdie]

Simon.Have just received email from yourselves to state that minimum subscription for the private placement is now R 100 000 and not R 10 000.As I applied for less than R 100 000 prior to your correction notice, I sincerely trust that in the event of an oversubscription that clients who applied for less than R 100 000 prior to the correction notice will not be jeopardised. Birdie