THIS IS ONLY AN ANNOUNCEMENT AND NOT A PROSPECTUS.

THE SUBSCRIPTION LIST WILL OPEN AT THE COMMENCEMENT OF BANKING HOURS ON 21st JULY, 1969 AND WILL CLOSE AT THE CLOSE OF THE BANKING HOURS ON 31st JULY, 1969 Oft EARLIER AT THE DISCRETION OF THE DIRECTORS BUT NOT EARLIER THAN THE CLOSE OF BANKING HOURS ON 24th JULY, 1969.