DMC 0.00% 30.0¢ design milk co limited

what do you pro`s think?, page-5

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    3. We advise that the preference shares will convert into the lowest
    these three numbers, being 15 million fully paid ordinary shares, on
    9 January 2003.

    4. The resulting 15 million shares, together with the 250 million
    ordinary shares which were also issued on 9 January 2001 as the
    remainder of the consideration paid for the monitoring and control
    business, will be released from escrow on 15 January 2003.

    5. Following the conversion of the preference shares into 15 million
    ordinary shares, the total number of fully paid ordinary shares in
    the Company on issue will increase to 509,505,371. In addition, there
    is a total of 111,695,000 options over shares in the Company also on
    issue.
 
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