WSL Worldsec Ld

RNS Number:4640Z
Worldsec Ld
01 August 2002

WORLDSEC LIMITED


1 August 2002


POSTING OF CIRCULAR TO SHAREHOLDERS AND NOTICE OF SPECIAL GENERAL MEETING


On 21 June 2002, Worldsec Limited ("Worldsec") announced that it had agreed,
conditional on (among other things) the approval of shareholders and regulatory
consents, to sell to UOB Kay Hian Private Limited the entire issued share
capital of Worldsec International (U.K.) Limited, the entire registered equity
of Worldsec Investment Consulting (Shanghai) Co., Ltd. and certain research
materials held by Worldsec International Limited (the "Disposal").


Further to that announcement, Worldsec announces that a circular is being posted
today to shareholders containing details of the Disposal and notice of a Special
General Meeting of shareholders of the Company to approve the Disposal, to be
held in London at 12.30pm on 19 August 2002.


A copy of the circular has been submitted to the UK Listing Authority and will
shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:


Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. no. (0)20 7676 1000


Enquiries:


For further information, please contact:


Worldsec Limited
In Hong Kong

Paul Cheng, Finance Director                             (852) 2867 7288

In U.K.

Alastair Gunn-Forbes                                   (44) 207 972 0880





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

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