nyse confirms orbital's compliance with continued

NYSE CONFIRMS ORBITAL'S COMPLIANCE WITH CONTINUED LISTING
CRITERION
Perth, Australia: In January 2003, Orbital announced that the New
York Stock Exchange (NYSE)
had accepted the Company's submission of a business plan to
demonstrate likely compliance with
the NYSE's continued listing standards relating to market
capitalization and stockholders' equity
subject to the company's American Depositary Shares trading above
US$1.00.
Orbital has recently received confirmation from the NYSE that the
Company is no longer
considered below the US$1 continued listing criterion. The NYSE will
continue to monitor the
Company's progress over the next seven months with respect to the
minimum market
capitalization and stockholders equity listing standards, recognizing
that Orbital's market
capitalisation currently exceeds US$50 million.
ends
Orbital is a leading international developer of engine technologies
using direct in-cylinder fuel injection and
lean-burn systems for enhanced fuel economy and lower emissions. The
company serves the worldwide
automotive, marine, recreational and motorcycle markets.
Headquartered in Perth, Western Australia, Orbital
stock is traded on the Australian Stock Exchange (OEC), the New York
Stock Exchange (OE) as well as the
Berlin (ORE) and Frankfurt (OREA) Exchanges.
CONTACTS: Email – info@o... Website – www.orbeng.com
Australia: Mr Keith Halliwell
Chief Financial Officer
Tel: +61 8 9441 2311
USA: Tel: 1866 714 0668