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Enaleni Has Ambitious Plans for Expansion

June 2, 2005

Empowerment company Enaleni Pharmaceuticals, which will soon list on the JSE Securities Exchange SA's AltX board, is extending its pharmaceutical manufacturing -- finalising an agreement with a multinational company and plans to acquire more pharmaceutical brands and companies, it said in its abridged prospectus. Enaleni will list 113,5-million ordinary shares, of which 10 million are being privately placed with institutions at 100c a share.

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