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Fri 15 Jun 2001, 0:00 Intervid Limited - Statement
STATEMENT
With  regard to recent press reports relating to the sale of shares  by  the
non-executive  company Chairman Mr Lambert during the recent closed  period,
we  advise  that  Mr Lambert gave instructions to the Company  Secretary  to
exercise  his share options when they were due, and to sell portion  thereof
to cover the costs, together with the tax incurred on the fringe benefit.
Unfortunately  these transactions were undertaken (on his behalf)  during  a
closed  period  and the company regrets this oversight and any embarrassment
caused.
G R Howard
Chief Executive Officer

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