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CARLOVERS CARWASH LIMITED (ASX.CCW)

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delisted at entity's request

04/03/2003

we understand delisting followed an off-market cash takeover offer by Berjaya Group (Cayman) Limited of A$0.05 per share for all the issued shares in CarLovers - as a result Berjaya increased its relevant interest in CarLovers shares from 88.4446% to 95.1675% by the time the offer closed on 6 January 2003 - Berjaya is an unlisted public company incorporated in the Cayman Islands - it is wholly owned by Berjaya Group Berhad which is a listed public company incorporated in Malaysia and listed on the Kuala Lumpur Stock Exchange - the Berjaya Group is a large diversified multi-national group of companies with over 24,500 employees world wide and annual revenues in excess of USD 2.0 billion

04/03/2003

we understand that on or about this date the company consolidated its shares 1 for 3

15/05/2000
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