AH45 Citi Fun 24

RNS Number:9109X
BIL International Limited
28 June 2002



MASNET No. 70 OF 28.06.2002
Announcement No. 96



   BIL INTERNATIONAL LIMITED


REMOVAL OF BIL SECURITIES FROM OFFICIAL QUOTATION ON AUSTRALIAN STOCK EXCHANGE


28 June 2002 - Further to our announcement released on 12 April 2002, the Board
of Directors of BIL International Limited ("BIL") wishes to confirm that BIL
securities will be  removed from quotation of the official list of Australian
Stock Exchange ("ASX") on 1 July 2002.

Thus, BIL securities will cease to trade on the ASX with effect from 1 July 2002
although the Australian register will continue to open for settlement of trades
for 5 days from 1 to 5 July 2002 for trades transacted on the last trading day,
28 June 2002.

Shares will be moved onto the New Zealand register at the close of business on 5
July 2002.

Should  Australian Shareholders require their shares to be sold in the week from
1 to 5 July 2002, they can contact their Australian share brokers who are able
to request the transfer of BIL securities onto the New Zealand register to trade
on the New Zealand market.

As announced on 12 April 2002, BIL has made arrangements with its broker, JBWere
Limited ("JBWere") in Australia to allow BIL shareholders who are currently on
the Australian register of the company to sell their BIL Shares on the New
Zealand Stock Exchange should they so desire.  This trading arrangement, which
will be operated through JBWere's Were OnCall division, will operate from 1 July
2002 to 31 December 2002.  Further details of these arrangements can be found in
the 12 April 2002 announcement, a copy of which is attached.

Should shareholders wish to contact their registrars, their details are as
follows:


Share Registrars:-


New Zealand
Computershare Investor Services Ltd
Level 2, 159 Hurstmere Road
Takapuna, North Shore City 1309
Private Bag 92119
Auckland
New Zealand

Tel:  +64 (9) 488 8777
Fax: +64 (9) 488 8787



United Kingdom
Computershare Investor Services PLC
PO Box No 82
The Pavilions
Bridgwater Road
Bristol BS99 7NH
United Kingdom

Tel:  +44 (870) 702 0000
Fax: +44 (870) 703 6116



Singapore
M&C Services Private Limited
138 Robinson Road #17-00
The Corporate Office
Singapore 068906

Tel:  +65 6227 6660
Fax: +65 6225 1452



Enquiries:

BIL International Limited, Singapore   Tel: +65 6438 0002
JBWere Limited, Australia              Tel: 1300 722 422


Submitted by Jane Teah, Company Secretary on 28/06/2002 to the SGX



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

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