ntl petr adr :revision of terms of disposal, page-2

JZM

Good find

Again why are we the shareholders not advised of this NEW arrangement. The notice has an interesting aside" The Company has entered into an agreement to vary the terms of the Asset Sale Agreement in order to extend the latest date by which the AU$45 million consideration is payable from 31 December 2011 to 30June 2012 and, in the event of a change of control in Nkwe, to increase the consideration payable by Nkwe to the Company from AU$45 million to AU$50 million."

AND,IN THE EVENT OF A CHANGE OF CONTROL IN NKWE" etc

This can only mean a possible takeover has been envisaged by NKWE or IPO?

This Coy NKWE really has a contemptious regard to its own shareholders and keeping them informed.