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PTO Powershares Ibbotson Alternative Completion Portfolio

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Name Symbol Market Type
Powershares Ibbotson Alternative Completion Portfolio AMEX:PTO AMEX Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

SAR - Photo-Scan PLC

16/10/2003 4:30pm

UK Regulatory


RNS Number:9915Q
Fortress Finance Investment Inc.
16 October 2003




                                                      FORM SAR 5


                                       Date of disclosure...16.10.2003.....

             DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING
                   SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

                 
Date of sale.......15.10.2003.....................................

Sale of...........PHOTO-SCAN PLC...................(name of company)


(1) Class of voting shares    Number of shares/rights   If rights over shares
    (eg ordinary shares)      over shares sold          sold, as opposed
                                                        to the shares
                                                        themselves, specify
                                                        nature of rights

    ...ORDINARY.....          ...350,000....shares    .....................
                              ...N/A..........rights


(2) Resultant total holding   Resultant total holding   Total percentage
    of voting shares (and %   of rights over shares
    of total voting shares    (and % of total voting
    in issue)                 shares in issue)

    ..3,374,870..(15.01%)   ...............(    %)    .............(15.01%)


(3) Party making disclosure....FORTRESS FINANCE INVESTMENT INC........  

(4)  (a)  Name of person selling shares or rights over shares ..............
          and, if different, beneficial owner............................... 

     (b)  Names of any other persons acting by   CORDICO MANAGEMENT AG AS SOLE
          agreement or understanding (see SAR 5).....DIRECTOR...............


Signed, for and on behalf of the party named in (3) above...................

(Also print name of signatory)......CLAUDIA SIEBER.................

Telephone and extension number....++41 58 206 7602 (C. BLICKENSTORFER).......


For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, 
Tel. No: 020 7382 9026.



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


END

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