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Thu 18 Sep 2003, 10:39 2003 VOLUNTARY INTERIM REPORT AND DIVIDEND
Namibian Sea Products Limited - 2003 VOLUNTARY INTERIM REPORT AND DIVIDEND      
  ANNOUNCEMENT                                                                    
  Namibian Sea Products Limited                                                   
  (Incorporated in the Republic of Namibia)                                       
  (Registration number 709/1953)                                                  
  NSX Share Code: NAS                                                             
  JSE Share code: NMS                                                             
  ISIN: NA0008640246                                                              
  2003 VOLUNTARY INTERIM REPORT AND DIVIDEND ANNOUNCEMENT                         
  The net loss after taxation for the six months ended 30 June 2003 attributable  
  to ordinary shareholders amounted to N$1,016,000, equivalent to a loss of 0,9   
  cents per share (2002: Profit of N$8,391,000; profit of 7,2 cents per share).   
  Headline earnings amounted to a loss of 0,9 cents per share (2002: Profit of 2,4
  cents per share).                                                               
  No interim dividend has been declared in respect of the period ended 30 June    
  2003 2002: Nil).                                                                
  A more detailed interim report will be published in due course.                 
  17 September 2003                                                               
  Windhoek                                                                        
  Date: 18/09/2003 09:35:49 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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