News announcement from Samherji Ltd.

08.10.2004
The board of Samherji Ltd. has agreed to take part in an issue of new shares in the German company FAB GmbH for up to EUR 4.000.000.-  The issue of new shares in FAB is to finance a purchase of 58% share in the German seafood company Pickenpack-Hussman & Hahn Seafood GmbH from Orlando.  FAB already owned 40% shares in Pickenpack- Hussmann & Hahn.  KB bank finances the purchase.
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