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Wed 15 May 2002, 0:00 CHANGES TO THE BOARD OF DIRECTORS
CHANGES TO THE BOARD OF DIRECTORS                                            
Aaron  Stanger  has resigned from the Board of directors  of  Explorer  with    
effect from 31 May 2002.                                                        
Colin  Clarke,  currently an executive director will become a  non-executive    
director of Explorer with effect from 1 June 2002.
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