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Fri 30 Nov 2001, 0:00 Nfh : Namibian Fishing Industries Limited - Divide
NSX Share Code: NMF
JSE Share Code: NFH
In the group's June 2001 interim report it was stated that the directors had
resolved to postpone a decision regarding an interim dividend to October
2001, in order to conform with the new dividend cycle and financial year-
end.
At the directors meeting held on 16 November 2001, the directors resolved
not to declare an interim dividend for the current financial period. This
decision will enable the group to strengthen it's balance sheet.
A second interim report will be issued in February 2002 covering the 12
month period to December 2001. This has been necessitated by the change in
the group's year-end to April.
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