AOI Aoi (Regs)

RNS Number:4754T
Australian Opp Inv Tst PLC
2 November 2000


The Company announces that application has been made to the UK Listing
Authority and the London Stock Exchange for admission to the official list of
1,562 Ordinary Shares of 25p each issued on conversion of 1,726 Units of 3.5%
(Gross) Convertible Unsecured Loan Stock 2007 (the "Loan Stock") at the
conversion rate of 0.90545251 of an Ordinary Share for each Unit of Loan
Stock.

The conversion has given rise to fractions of shares which represent in
aggregate 1 Ordinary Share of the total for which application for admission
has been made.  Phoenix Administration Services Limited has been appointed as
Trustee for sale of this share under the terms of the conversion.

The New Ordinary Shares will rank pari passu with the existing Ordinary
shares.  It is expected that dealings in the New Ordinary Shares will commence
on 14 November 2000. 

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