Holding in Company

RNS Number:4577B
Brierley Investments Limited
2 April 2001

Notice of Changes in Substantial Shareholder's Deemed Interests

Name of substantial shareholder:           Camerlin (B.V.I.) Limited

Date of notice to company:                 30/03/2001

Date of change of interest:                14/03/2001

Name of registered holder:                 Camerlin (B.V.I.) Limited

Circumstance giving rise to the change:    Others
Please specify details:                    Re-denomination and Consolidation
                                           of the Share Capital of Brierley
                                           Investments Limited

Shares held in the name of registered holder

No. of shares of the change:               609,122,415
% of issued share capital:                 22.26

Amount of consideration per share          NIL
excluding brokerage, GST, stamp duties,
clearing fee:

No. of shares held before change:          609,122,415
% of issued share capital:                 22.26

No. of shares held after change:           304,561,207
% of issued share capital:                 22.26

Holdings of Substantial Shareholder including direct and deemed interest

                                             Deemed          Direct

No. of shares held before change:          609,122,415
% of issued share capital:                       22.26

No. of shares held after change:           304,561,207
% of issued share capital:                       22.26

Total shares:                              304,561,207