Crown Corporation - A freshstart

Crown Corporation Limited

Preliminary Results for the period ended 31 December 2004


Highlights for the period:

* Pre-tax profit Euro 243,371,000. EPS - Euro0.537

* Asset value Euro 510,000,000 equivalent to Euro3.53 per share (240p per share)

* New Chief Executive appointed

* Langbar Capital acquired for #700,000, the consideration wholly satisfied
in Crown common shares issued at 35p each. Langbar Capital is a corporate
finance advisory and investment company

* Arden Partners appointed Nominated Adviser and Broker

* Proposed reorganisation of capital structure and name change

Crown now holds over Euro515million (#350.2m) in term deposits awaiting investment.

It is intended that the Company will be highly active and shareholders will be
kept abreast of the expansion programme. The strong net asset position of over
Euro3.53 per share (#2.40) and the highly motivated management team provide an
excellent platform for sustainable long term growth.

The Company is now poised to make some significant changes, all aimed at
improving the returns on our capital and to our shareholders.

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RNS Number:0318P
Crown Corporation Limited
19 July 2005



CROWN
CORPORATION


CONFIRMATION OF BRAZILIAN CASH DEPOSITS


Crown Corporation ("Crown" or "the Company"), the AIM-listed investment company,
announces that, following a trip to Brazil by Stuart Pearson, Chief Executive,
and Philip Wood, a non-executive Director, the Board announces further details
on the funds held by the Banco do Brasil, as shown in the recently issued Report
and Accounts.

Crown have received official written confirmation directly from the Banco do
Brasil ("the Bank") of Crown's legal and beneficial ownership of the dollar term
deposits held in the name of the Company. The amounts held on 30th June 2005
were US$659.6m (#383.5m). The deposits are earning interest at 7.5% p.a. and are
free of all charges and liens.

Application is to be made for the deposits to be placed onto the Euroclear and
DTC trading and settlement platforms. These are expected to be processed and
completed within four weeks.

Current Brazilian Government foreign exchange regulations impose certain
restrictions on the export of funds as the overriding policy is to attract
inward investment into Brazil. However, various options for the repatriation of
the monies remain under discussion.

The Bank presented to the Directors a wide range of investment and business
opportunities in Brazil. Some of the propositions offered, such as marble,
granite and slate quarries, bio-diesel plants and a number of gold and silver
mines, are within the targeted areas of the Company's strategic plan and the
Board will consider such investments. The Brazilian Government, through the
Bank, confirmed that it would also be able to make loans, at favourable rates,
available to the Company for agricultural, bio-diesel and soya projects.

The Bank also presented to Crown various real estate proposals in Europe. These
would entail the Company swapping deposits for assets and, once again, these
opportunities will be investigated.

The Board will consider carefully any proposition put to it but will not commit
funds to any proposal that does not meet the Board's investment criteria.


At the Annual General Meeting to be held on Monday 25th July 2005, a resolution
to change the Company's name to Langbar International Limited will be proposed.


Chief Executive
website : http://www.crowncorporation.com