RNS Number:1981Y
Bionex Investments PLC
30 April 2004


Bionex Investments plc

30 April 2004


In March 2004 the Company realised some of its investment in Ark Therapeutics
plc, generating in excess of #2 million in cash for the Company.  The directors
of the Company continue to seek investment opportunities but consider that there
is a decline in the number of appropriate investments in quoted or unquoted
companies within the life sciences sector.  Therefore, the directors will seek
to optimise the Company's returns by investing in quoted securities in sectors
other than the life sciences sector.  It is the intention of the directors that
the amount invested in investments in sectors other than the life sciences
sector will not exceed #1,000,000.



Enquiries:

Christopher Roberts                   020 7937 4445
Bionex Investments plc

Peter Jackson                         020 7397 3000
W H Ireland Limited


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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