NOT YEAR OF A RAT....
FYI -
Under the revised
warehouse facility agreement announced on 17 March 2008, a repayment totalling US$114
million is required to be made on 15 August 2008. RAT will not be in a position to meet this
repayment in full. While RAT is currently in discussions with CS regarding the restructuring
of the terms of the debt, there can be no assurance that a successful outcome will be
achieved.
KIND REGARDS
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