QUIKTRAK NETWORKS LIMITED 2002-12-19 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
The Directors of the Company have today agreed in principle to make a
capital return to shareholders, to be satisfied by a pro-rata
in-specie distribution of shares in its UK subsidiary, QuikTrak
Networks PLC.
The capital return will be subject to approval by shareholders at a
General Meeting to be held in the New Year. Full details of the
proposal will be outlined in the Notice of Meeting.
J B Maguire
COMPANY SECRETARY
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