nal to do a capital raising, page-15

Looks like I was wr.. wr..wr.. not right about the capital
raising. The market didn't like it with NAL dumped down
to 49c. Does anyone know the placement price yet?
Another announcement tonight about a New Zealand
patent may help it tomorrow:-
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NORWOOD ABBEY LIMITED 2003-01-07 ASX-SIGNAL-G

HOMEX - Melbourne

+++++++++++++++++++++++++
Key Points:

* New Zealand Patent granted for Laser assisted topical anaesthetic
permeation

* Strengthens Intellectual Property position

Norwood Abbey Ltd [ASX:NAL] advises that a further patent has been
granted.

The New Zealand Intellectual Property Office has granted the Patent
Number 337293 - Laser assisted topical anaesthetic permeation.

The patent provides for an improved method of administering a
pharmaceutical composition, such as an anaesthetic through the skin
of a patient without the use of a sharp or needle. This is done by
irradiating the stratum corneum of a region of skin using a laser.
The laser irradiates the surface of the skin precisely to a
selectable depth, without causing clinically relevant damage to
healthy proximal tissue. A pharmaceutical composition is then applied
to the region of irradiation.

The grant of the patent further strengthens Norwood's intellectual
property position.

For further information about Norwood, visit the company's website at www.norwoodabbey.com
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I hold NAL. Do your own research before investing.