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             T R O U B L E D   C O M P A N Y   R E P O R T E R

                              E U R O P E

                  Tuesday, October 7, 2003, Vol. 4, No. 198


                               Headlines



F R A N C E

CONSODATA SA: EBIT Remains Flat Despite Sales Decrease
RHODIA SA: Third Quarter Results to be Below Expectations
RHODIA SA: Chief Resigns as Firm Announces Restructuring Plans
RHODIA SA: To Divest Assets, Adopt Further Cost-Cutting Measures
RHODIA SA: Profits Warning Prompts Review of Ratings by Moody's


H U N G A R Y

ANTENNA HUNGARIA: Erste Bank Tasked to Advise on Privatization


I R E L A N D

AN POST: Withdraws From License Collection Business
ELAN CORPORATION: To Webcast October 11 Annual General Meeting


I T A L Y


FIAT AUTO: Troubled Carmaker Eyes Mr. Demel as New Head


N E T H E R L A N D S

IFCO SYSTEMS: Announces Issuance of EUR110 Million Bond
KLM ROYAL: Passenger Load Factor for September at 83.1%
KONINKLIJKE AHOLD: Publishes Financial Reporting Schedule
KONINKLIJKE AHOLD: Fitch Maintains Rating Watch Negative


P O L A N D

LOT AIRLINES: Scandinavian Airline Eyes SwissAir's Stake


R U S S I A

MMK FINANCE: Fitch Assigns 'BB-' Senior Unsecured Ratings


U N I T E D   K I N G D O M

BRITISH ENERGY: Exelon Decides to Purchase the Rest of Amergen
BRITISH ENERGY: 'SD' and 'D' Ratings Unaffected by Restructuring
BOOSEY & HAWKES: Classic Copyright to Take Over Ops for GBP44.3 M
BOOSEY & HAWKES: Publishing Unit to Focus on Core Business
BOOSEY & HAWKES: Workforce Protected Under Buyout Plans

BOOSEY & HAWKES: Promises to Pay Inducement Fee of GBP0.4 MM
BRITISH AIRWAYS: Reports Sept. Traffic and Capacity Statistics
CANARY WHARF: Chairman Reichmann Announces Plan to Offer Bid
EDINBURGH FUND: Aberdeen Posts Bid; Offer Open Until October 24
EGG PLC: May be Sold Under Prudential's Refocusing Program

REGUS PLC: Reiterates Plan to Exit Chapter 11 by Year End
SILENTNIGHT HOLDINGS: Soundersleep's Offer Now Unconditional
SPORTINGBET PLC: September Results Fall Below Expectations
WATERFORD WEDGWOOD: Agrees to Raise Debt by EUR190 Million

* Large Companies with Insolvent Balance Sheets


                             *********



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F R A N C E
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CONSODATA SA: EBIT Remains Flat Despite Sales Decrease
------------------------------------------------------
Consodata's board of directors met on August 28, 2003, to approve
the company's half year consolidated Financial Statements.



     (000's euros)           S1 2003          S1 2002

Consolidated sales           31,219           39,575

EBIT                           -2,4           -2,439

Net interest expenses          -960           -1,687

Exceptional results             -87             -252

Taxes                          -863             -843

Goodwill amortisation        -3,332           -2,906

Minority interest               110               20

Net loss                     -7,532           -8,107


During the first semester 2003, direct marketing companies
experienced tougher market conditions compared to last year,
suffering from their clients focusing their marketing
expenditures on client retention rather than client acquisition.
In addition, the specialists of marketing databases, such as
Consodata group, faced specific difficulties due to the increase
in European postal prices.

Consequently, Consodata group had and still has to prioritize its
focus on operating efficiency and on renewing its product
portfolio to stimulate sales growth.

Consodata group consolidated sales decreased by 21% compared to
the first semester 2002 at EUR31.219 million.  This significant
decrease is partly due to changes in the consolidation perimeter,
occurred after the sale of DWI in Italy and the sale of
ChinaLOOP, and to exchange rate variances between sterling and
euro.  At comparable perimeter and constant exchange rate,
Consodata group consolidated sales decrease by 15%.

EBIT remains stable at -EUR2.400 million, compared with -EUR2.439
million for the first semester 2002.  At constant perimeter and
exchange rate, EBIT goes from -EUR2.329 million euros to the
actual -EUR2.400 million.  Despite operating losses in Italy,
EBIT remains stable due to reduction in corporate costs and
improvements in data collection.

Net Financial expenses amount to EUR0.96 million compared to
EUR1.687 million in the first semester 2002, which included the
loss on sale of Pharmasoft in Italy.

The net result is a loss of -EUR7.532 million, compared to a loss
of -EUR8.107 million in the first semester 2002.

Breakdown of sales and EBIT per country



    (000's euros)               S1 2003           S1 2003

                                 Sales              EBIT

Italy                          11,813              -635

France/Belgium                 10,583              -477

U.K.                            7,828               982

Spain[1]                          995              -106

China                               0                 0

Corporate Structure                 0            -2,165

Total                          31,219            -2,401




  (000's euros)                S1 2002           S1 2002

                                Sales              EBIT

Italy                          18,16             2,156

France/Belgium                11,712            -1,345

U.K.                            8,39               902

Spain[1]                         976              -341

China                            337              -364

Corporate Structure                0            -3,448

Total                         39,575             -2,44


  (1) Including Mediaprisme Spain

Italy experienced a significant drop of 35% in its sales in the
first semester 2003 compared to 2002.  This reduction is partly
due to the sale of DWI in January 2003.  At comparable perimeter,
sales decrease by 27% in the same period.  This decrease is
partly due to recoverable issues such as the delays in delivering
orders through the Seat network, which should be at least
partially recovered before the end of 2003 and partly to the
negative economic situation in the Italian marketing services
market such as geo-marketing.  Consodata Italy has also been
facing strong pressure on prices and margins in campaign
management activities.  As a result, EBIT, on comparable basis,
shows a decrease of EUR2.302 million compared to the first
semester 2002.

The decreased level of sales in France and Belgium can be
explained by a timing difference in the recognition of data
collection revenues amounting to EUR0.475 million and by an
increasingly tougher competitive landscape, especially in the
data management business.  However, EBIT increased mainly thanks
to a reduction in data collection costs.

Sales in the U.K. amount to EUR7.828 million for the first
semester 2003, compared with EUR8.390 million for the first
semester 2002.  The decrease is entirely due to exchange rate
fluctuations.  At constant exchange rate, U.K. sales increase by
3%.  During the first semester, the U.K. invested in the
development of new products, such as the aggregated database,
expected to be launched beginning of 2004, and has introduced new
data collection techniques.  As a result, EBIT increase by 9%
(20% at constant exchange rates).

Spain's sales and EBIT are relatively stable with a slight
increase of 2% in revenues that has not affected the EBIT.

China has been sold as at June 30, 2003 not being anymore
strategic.

The restructuring program implemented in the second half of 2002
at corporate level has achieved a reduction in corporate costs
for an amount of EUR1.283 million compared to the first semester
2002, including 0.320 million euros reduction due to favorable
exchange rates fluctuation.

2003 Perspectives

The global advertising and direct marketing industry is not
expected to recover in the second half of the year.  Consodata
will therefore keep focusing on improving efficiency and renewing
its product range.

CONTACT:  CONSODATA FINANCIAL COMMUNICATIONS
           Anne-Sophie Vinet
           E-mail: asvinet@consodata.com
           Phone: +33 1 53 35 51 00


RHODIA SA: Third Quarter Results to be Below Expectations
---------------------------------------------------------
Rhodia's Board of Directors met Friday to review the business
activities and overall situation of the Group.

The continuing severely depressed economic environment will
negatively impact third quarter results due to a combination of
continued high petrochemical raw material prices, persistent weak
demand and a negative effect from the value of the dollar.  As a
result, Rhodia estimates that Earnings Before Interest, Taxes,
Depreciation and Amortization (EBITDA) for the third quarter 2003
will be between EUR70 and 80 million, compared with EUR149
millions in Q3 2002 on a comparable basis (constant structure and
exchange rates).  Moreover, the Group does not expect a
significant improvement in market conditions during the last
quarter of the year.

In view of this evolution, the Board of Directors decided to put
in place immediately a plan of action involving a refocusing of
the business portfolio, cost reduction and the Group's financial
structure to enable the Group to weather the unfavorable economic
cycle and benefit fully from the recovery in the chemical sector
when it occurs.


RHODIA SA: Chief Resigns as Firm Announces Restructuring Plans
--------------------------------------------------------------
Jean-Pierre Tirouflet, in recognition that the appointment of a
new team would help facilitate the success of [Rhodia's] action
plan, submitted his resignation to the Board of Directors who
accepted it.

The Board of Directors has named Yves Rene Nanot, now Chairman of
the Audit Committee, as Vice-Chairman of the Board to supervise
the implementation of the action plan.  The Board also decided to
separate the posts of Chairman and CEO, following the mechanism
established by the French NRE (New Economic Regulations) law.
Yves René Nanot will be named Chairman of the Board of Directors
as soon as the General Shareholder's Meeting approves a
modification of Rhodia's by-laws to raise the authorized age for
the position of Board Chairman beyond age 65.

The Board of Directors also coopted Jean-Pierre Clamadieu as a
Group director and named him Chief Executive Officer.  He will
also assume temporarily the position of Chairman of the Board of
Directors, pending the modification of the by-laws, which will be
proposed to shareholders, at the latest, when the General
Shareholder's Meeting is convened to approve the 2003 annual
results.

Acting on a proposal by the Chief Executive Officer, the Board of
Directors named Gilles Auffret Group Executive Vice President.


RHODIA SA: To Divest Assets, Adopt Further Cost-Cutting Measures
----------------------------------------------------------------
The Board of Directors of Rhodia [also] decided on these actions:

(a) Change in the Group's strategy will result in at least EUR600
million in divestitures by the end of 2004.

Rhodia has decided to proceed with a refocusing of its strategic
portfolio in order to concentrate its resources on its growth
businesses and to accelerate the reduction of its debt.  This
decision will result in the launching of a significant divestment
program with an objective of producing at least EUR600 million
for divestments by the end of 2004.

(b) Reshaping and simplification of Group structures in order to
generate additional savings of more than EUR150 million taking
full effect in 2006

In addition to the impact on costs that will be achieved from the
reduction of the business portfolio, these measures also will
result in a simplification of the Group's operating processes.

These measures will be added to the results of cost reduction
plans already announced by the Group in 2002 and 2003 that are
projected to save approximately EUR38 millions in 2003, EUR123
million in 2004 and EUR150 million in 2005.

Finally, the Board of Directors reviewed the status of
discussions between the Group and its principal banking partners
on the financing conditions in view of the new results forecasts.

Rhodia will publish its results for the third quarter of 2003 on
Thursday, October 30, 2003 before the opening of the Paris
Bourse.

Jean-Pierre Clamadieu (45) holds an engineering degree from Ecole
des Mines.  He began his professional career in 1984 with various
positions in French government agencies such as the regional
industry and research office (DRIR) and the regional land-use
planning department (DATAR).  He was Technical Advisor to Labor
Minister Martine Aubry between 1991 and 1993. He joined Rhone-
Poulenc in 1993 to develop new activities in the area of
automobile pollution control.  In 1996, he was appointed
President of Rhodia's Chemicals business in Latin America.  In
1999, he became President of Rhodia Eco Services, and was
appointed senior vice President for Corporate Purchasing in 2001.
He was previously President of the Pharmaceuticals &
Agrochemicals Division.

Yves Rene Nanot (66) a graduate of the "Arts et Metiers" school
of engineering (Paris) and holder of an MBA and PhD from the
University of California at Los Angeles (UCLA), began his career
with Dupont de Nemours in the United States and held various
positions with the company in France and Europe between 1962 and
1983.  He was Chairman of the Board of Management of Dupont de
Nemours France from 1980 to 1983.  Yves Rene Nanot joined the
Total Group in 1983 and was Chairman of Hutchinson SA from 1983
to 1989.  He was subsequently appointed Chairman and Chief
Executive Officer of Total France, then President of Total
Refining and Marketing and member of the Total Group Executive
Committee.  Yves Rene Nanot was named Chairman and Chief
Executive Officer of Ciments Français in July 1993.  Yves Rene
Nanot is Chairman of the Environment Commission of the
Confederation of French Industry (MEDEF).  He is a member of the
Board of Directors of Rhodia, Italcementi, Imerys and Provimi.

CONTACT:  RHODIA
           Investor Relations
           Fabrizio Olivares
           Phone: 01 55 38 41 26


RHODIA SA: Profits Warning Prompts Review of Ratings by Moody's
---------------------------------------------------------------
Moody's Investors Service said it placed on review for possible
downgrade Rhodia's senior subordinated notes, and the senior
implied and senior unsecured ratings for debt securities issued
by the company.

The senior implied and senior unsecured ratings for debt
securities are at Ba2, while the senior subordinated notes are at
Ba3.

The rating action, which affects EUR1.8 billion MTN program
(including EUR800 million issuance under the program) and an
additional EUR1.0 billion in debt securities, follows the
company's warning of lower-than-expected third quarter results,
cost-cutting and divestiture program.

Moody's warned that the operating performance for the group in
2003 will also be considerably below our expectations, and that
the company may have to renegotiate financial covenants under
some of its debt facilities.

Rhodia S.A. is a diversified intermediates and specialty
chemicals group domiciled in Paris, France, and generating
consolidated year 2002 sales of EUR6.6 billion.



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H U N G A R Y
=============


ANTENNA HUNGARIA: Erste Bank Tasked to Advise on Privatization
--------------------------------------------------------------
The State Privatization and Holding Rt has chosen Erste Bank Rt
as consultant for the privatization of Antenna Hungaria Rt,
according to Budapest Business Journal.

The advisor will be tasked to "look at what form of privatization
is most beneficial for the state," Andor Daroczi, an analyst at
ConCorde Securities, said in August.  He said the privatization
could happen in the first-half of next year at the earliest.

"Antenna needs money and is unlikely to get [enough] from the
stock exchange," Mr. Daroczi said at that time.  Antenna has to
pay Vodafone Hungary 30% of the value of three capital raises it
has not participated by October 9 in order to regain its 30%
ownership in the third mobile operator in Hungary.  It currently
holds only 16.3% of Vodafone Hungary after failing to subscribe
to past capital raises.

The state holds 83.7% of Antenna through the State Privatization
and Holding Rt, with the rest floated on the Budapest Stock
Exchange Rt.  Antenna had consolidated pre-tax losses of
approximately HUF2.3 billion in H1 2003, and overall losses of
HUF1.925 billion in 2002.



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I R E L A N D
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AN POST: Withdraws From License Collection Business
---------------------------------------------------
An Post may have to stop collecting television license fees on
behalf of RTE within two years to avoid creating a negative image
of the company to the public.

BizWorld, citing a report by the Irish Independent, said the
decision to withdraw from license collection was revealed to
senior An Post managers on Wednesday.  The company will start
phasing out the business next year and will have fully shed the
role by 2005, a move that will cost the postal agency more than
EUR10 million a year.

An Post has been collecting TV License fees on behalf of the
broadcaster for years.  As the TV license collection agent, it
maintains a database containing records of every premises, which
should have a TV license.  This database is regularly updated to
include new buildings.

BizWorld said pulling out from the business is part of a wider
shakeup at An Post, which includes the shedding of 1,450 of its
10,5000 staff.  The report said many management jobs would go as
An Post brings its three divisions back under a single management
structure, a strategy drafted to ensure that the postal agent
will break even by 2005.

Originally expected to turn in EUR1 million in profits this year,
the company surprised many last week when it forecasted a EUR50
million loss instead.


ELAN CORPORATION: To Webcast October 11 Annual General Meeting
--------------------------------------------------------------
Elan Corporation, plc (NYSE: ELN) announced that its annual
general meeting to be held on October 21, 2003 at 10.30 a.m.
BST/5.30 a.m. EST in The Davenport Hotel, Merrion Square,
Dublin 2, Ireland will be available by webcast.  Live audio of
the AGM will be broadcast over the Internet and will be available
to investors, members of the news media and general public.

This event can be accessed by visiting Elan's website at
http://www.elan.comand clicking on the Investor Relations
section, then on the event icon.  The event will be archived and
available for replay for 48 hours after the event.

Elan is focused on the discovery, development, manufacturing,
selling and marketing of novel therapeutic products in neurology,
pain management and autoimmune diseases.  Elan shares trade on
the New York, London and Dublin Stock Exchanges.

                      *****
Standard & Poor's Ratings Services raised its corporate credit
rating on specialty pharmaceutical company Elan Corp. PLC to
'CCC+' from 'CCC'.  Standard & Poor's also raised all of its
other ratings on Elan and its affiliates, and removed the ratings
from CreditWatch.

The rating action followed Elan's successful filing of its 20-F
2002 annual report with the SEC.  The outlook is now developing.

The ratings were downgraded and placed on CreditWatch on
June 26, 2003, following Elan's announcement that it was not
going to be able to file its 20-F report on time.  This placed
the company in technical default of its debt covenants and could
have potentially resulted in an acceleration of all of Elan's
roughly $2 billion in debt.  Elan indicated that it would not
have been able to meet all of its debt obligations if that
scenario had occurred.



=========
I T A L Y
=========


FIAT AUTO: Troubled Carmaker Eyes Mr. Demel as New Head
--------------------------------------------------------
Industrial group Fiat SpA is expected to announce this week the
appointment of Herbert Demel as head of its struggling carmaker
subsidiary, according to the Financial Times.

Mr. Demel has been for the past year chief executive of Magna
Steyr, the Austrian car assembly subsidiary of Canada's Magna
Group.  He was also the head of Volkswagen's prestige Audi brand
before becoming in charge of Volkswagen's Latin American
operations.

Mr. Demel is believed to have been guaranteed sufficient freedom
to run the troubled cars unit, which suffered from massive
losses, the drop in market share and uncertainty about its
relationship with its 20% owner, General Motors.

Magna did not confirm his departure but it is expected that Mr.
Demel will start working with Fiat in January.

The position at Fiat Auto was previously offered to Ford's Martin
Leach, but he failed to persuade Ford to release him from a non-
compete clause in his contract.



=====================
N E T H E R L A N D S
=====================


IFCO SYSTEMS: Announces Issuance of EUR110 Million Bond
-------------------------------------------------------
IFCO Systems N.V. announced Monday that it has successfully
placed and priced a EUR110 million bond at 10.375% p.a. with a
maturity in 2010.

The bond placement is expected closed on October 10, 2003.
Deutsche Bank London is acting as the sole book runner for the
bond placement.

About IFCO

IFCO Systems is a worldwide logistics service provider with
approximately 160 locations in Europe and North America.  IFCO
Systems operates a pool of more than 65 million RPCs (Reusable
Plastic Containers) globally, which are used as a logistic system
predominantly for fresh produce by leading grocery retailers.

In the United States, IFCO Systems also provides a national
network of pallet management services.  With more than 45 million
wooden pallets recycled annually, IFCO Systems is the market
leader in this Industry.  In 2002 IFCO Systems generated revenues
of US$380.7 million.


KLM ROYAL: Passenger Load Factor for September at 83.1%
-------------------------------------------------------
Passenger Traffic

Passenger traffic was 4% below last year on 3% lower capacity.
Passenger load factor in September decreased by 1% point to
83.1%.  North Atlantic load factor increased by 3.3 percentage
points to 89.6%.  Traffic was 10% lower than last year, while
capacity was trimmed by 12%, mainly on the Canadian destinations.
With traffic and capacity on the Asia/Pacific route area only 1%
lower than last year, load factor was virtually stable at 89.4%.
Volumes in the Asia/Pacific route area have recovered from SARS.
Passenger load factor on the Central and South Atlantic routes
decreased by 4.3 percentage points to 73.9%.  Traffic decreased
by 9%, while capacity was 3% lower.  The decrease in traffic is
mainly the result of disappointing market demand on the Central
Atlantic part of this route area.

Cargo Traffic

Cargo traffic increased by 4% year-on-year on 6% higher capacity.
Cargo load factor decreased by 0.9 percentage points to 72.9%.
Traffic on the Asia Pacific routes was up 12%, slightly behind
the capacity increase of 14%.  As a result the cargo load factor
on this route area decreased by 1.6 percentage points to 85.0%.
The increase in capacity is mainly the result of additional
frequencies following the introduction of the new 747-400ER
freighters.  North Atlantic cargo traffic decreased by 3%, on
flat capacity.  Load factor decreased by 0.5 percentage points to
69.9%.


KONINKLIJKE AHOLD: Publishes Financial Reporting Schedule
---------------------------------------------------------
Ahold on Monday published its financial reporting schedule for
the remainder of calendar year 2003.  To provide for quality and
completeness of disclosure, the company has reviewed its entire
schedule for the rest of the year and developed a timetable that
it believes can accommodate the volume of work required to
complete its regulatory and statutory filings.

Hannu Ryopponen, Chief Financial Officer said: 'Resources at
Ahold were stretched to the limit to provide shareholders with
the 2002 financial results.  Preparing the next sets of financial
data will require sufficient time to ensure that they are
completed with the degree of thoroughness and precision expected
by shareholders.  We recognize that some of the dates may differ
from those suggested at the presentation of our 2002 results on
October 2, 2003.  However, the timetable we've proposed is both
reasonable and achievable, and in the interests of all our
shareholders.'

Ahold upcoming financial events: 2003


Date*               Event                  Summary

October 15          20-F              Filling with the
                                        SEC and publication
October 28          Trading Update    3Q 2003 sales

October 31          Annual Report     2002 annual report
published

November 7          Earnings Statement Half-year results and
                                         strategy statement

November 26         AGM                Annual general meeting of
                                         shareholders

November 26         Earnings Statement Q3 2003 results

January   9, 2004   Trading Update     Q4 2003 sales

*  Please note that the financial reporting dates are provisional
and subject to change at Ahold's discretion, as they may be
influenced by factors beyond the company's ability to control.


KONINKLIJKE AHOLD: Fitch Maintains Rating Watch Negative
---------------------------------------------------------
Fitch Ratings, the international rating agency, said it was
maintaining its Rating Watch Negative status on both the 'BB-'
Senior Unsecured debt and 'B' Short-term ratings of Koninklijke
Ahold N.V., the Netherlands-based international food retailer.
The company's news conference on October 2 clarified the group's
level of profitability, up until its FY02 "lost year", but did
little to address the issues facing the group and its ratings.
Fitch's 'BB-' rating for Ahold reflects the view that the company
remains a viable operating entity.  However, many of the reasons
for Fitch's Rating Watch Negative remain, particularly the amount
of recent interim secured funding within the group, together with
the control and structural subordination mechanisms this may
afford, the reliance on continued support from core banks for
available credit facilities, and near-term (including 2005's
bulk) debt maturities.  It is questionable if the U.S.
Foodservice profit margin can increase from FY02's 1.7% level.
The company has to maximize cash, either from operational
cashflow, sale of activities, or a rights issue.  The company
does not expect to report on these issues, or H103's results,
until mid-October.

The company also published its accounts yesterday, clarifying the
level of profitability within the U.S. Foodservice activities for
FY02 and presented (Dutch GAAP) accounting methodologies as to
the value and contingent liabilities of the Ahold group.
Presentation of the audited accounts was one requirement for bank
lines continuing.

The market has yet to see figures on H103's performance and the
on-going effect on sales and profits from a potential working
capital squeeze (due to a loss of confidence), and the
distraction of management from running the business in a
competitive and economic environment that even peers'
operationally fully-focused management has found challenging.

To date, after the reported repayment of the September 2003
EUR0.7 billion convertible, Ahold reports continued use of the
USD1.3 billion plus EUR0.6 billion secured tranches but no
immediate need for the additional USD0.9 billion unsecured
facility.  YE02 net debt of EUR11.9 billion (not an operating
lease-adjusted figure) has reportedly decreased by a net EUR0.8
billion.



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P O L A N D
===========


LOT AIRLINES: Scandinavian Airline Eyes SwissAir's Stake
--------------------------------------------------------
SAS Airlines is interested in taking over Polish Airlines LOT,
the airline's president, Joergen Lindegaard, told the Swedish
press, according to Warsaw Business Journal.

Bankrupt Swissair is selling the 25% stake in the carrier, which
has not seen any profit since 1997.  LOT posted a net profit in
2002, but this was because some of its aircraft were resold to
their leasing companies.

Negotiations regarding a sale to interested parties will start at
the beginning of 2004, according to Rutger Schimmelpenninck, the
representative of Swissair's receiver.

The State Treasury controls 68% of LOT, but it has not mentioned
any plans to privatize the carrier within the next year,
according to the report.

SAS Airline's plan to takeover LOT is part of the company's
expansion in the East European market.



===========
R U S S I A
===========


MMK FINANCE: Fitch Assigns 'BB-' Senior Unsecured Ratings
---------------------------------------------------------
Fitch Ratings, the international rating agency, has assigned
Russian-based Magnitogorsk Metal and Steel Works a foreign
currency Senior Unsecured rating of 'BB-'.  The Outlook for the
rating is Stable.  MMK boasts the largest single-site integrated
steel plant within the Russian Federation.

MMK provides an unconditional, unsecured and irrevocable
guarantee to its Luxemburg-based subsidiary MMK Finance for
issuing about USD300 million notes due in 2008.  The agency has
also assigned 'BB-' to these notes, with a Stable Outlook.

In announcing the rating assignment, Sonya Dilova, an analyst at
Fitch Ratings, commented that "The positive factors reflected in
MMK's rating are a good product mix and focus on value-added
products, competitive domestic positions and its ability to
exploit the potential of growing demand for steel in the Russian
market.  It also reflects MMK's financial track record combined
with a conservative financial profile.  Negative factors within
the rating assessment include a dependence on external raw
materials, which exposes the company to market-price
fluctuations, as well as uncertainties surrounding the
consolidation of the domestic steel industry following the
privatization of the remaining 24% state-owned stake in MMK, as
well as trends in the global steel industry.  The Stable Outlook
reflects Fitch's view that the impact of future cost pressures is
expected to be alleviated by the financial strength of the
company."

MMK's business profile benefits from the dominance of flat steel
products within its total output -- usually high margin products
-- and its ability to generate high operating margins, which
should support future revenue growth.  Fitch notes that about 70%
of MMK's production process is modernized.  Some of the future
modernization plans will be linked to the development of a
strategic partnership with domestic pipe manufacturers in
relation to Gazprom's program for modernizing about 70% of its
infrastructure.

MMK's management has announced a shift of sales -- currently
almost equally divided between domestic and export markets --
towards the domestic market as of FY04, while retaining its
strategic presence in some of its export markets (e.g Asia,
Middle East and Europe).  Fitch believes that this strategy is
likely to prove successful as Russia will be subject to
regulations as part of its membership in WTO, while limitations
on steel exports imposed by U.S. and EU remain in place.  The
focus on the domestic market is further supported by current
favorable domestic prices compared to export, a balance, which is
likely to remain in place as the Russian economy continues to
grow.  This would drive the domestic steel consumption to
increase by 5% per annum, which is in line with the average
growth rate of the Russian economy forecasted by Fitch during the
next two years.

In FYE02 MMK's sales grew by 16% to USD2,065 million and EBITDA
amounted to USD403 million (USD278 million in FY01).  While
profit margins are historically high, they are likely to be
negatively affected by future cost increases as Russia's gas and
railway industries are deregulated.  Net interest cover was in
line with MMK's international peer group, at 11.9x (16.4x in
FYE01), while the leverage was low at 0.3x (0.7x in FY01).  For
the past three years cash flow from operations was just
sufficient to cover capex requirements, reflecting difficulties
in the domestic business environment following the financial
crisis in 1998 and the downturn trend in international steel
prices.  The subsequent improvement in the domestic economy and
steel prices was reflected in 1H03 results, with sales increasing
by 39% to USD1,478 million (USD896 million in 1H02) and net cash
on balance sheet to rising to USD561 million (USD146 million).

Also at FYE02 the debt maturity profile of MMK was well balanced
between short- and medium-term debt, providing financial
flexibility in the medium-term.  Some 48% of the debt was
secured, while in 1H03 its share was reduced to 35% of total,
which is relatively high by international standards and for the
rating category.  This reflects Russian bank lending practices,
which typically require 100% security over assets.  The agency
views as positive the track record of MMK in operating in the
Russian bond market for the past five years via its 17 rouble
denominated bond issuances and one eurobond issuance, as well as
management's intention to reduce the level of secured
indebtedness below 20% in the next few months following the
completion of the USD300 million five-year bond issue in October
2003.  Fitch considers the incurrence-based financial covenant of
consolidated indebtedness to consolidated EBITDA of 3.5x in the
bond documentation as loose.  However, comfort is gained from
tight internal targets in place, the consistently conservative
financial profile and strong cash generation in 1H03 which is
expected to remain going forward.



===========================
U N I T E D   K I N G D O M
===========================


BRITISH ENERGY: Exelon Decides to Purchase the Rest of Amergen
--------------------------------------------------------------
Exelon Generation, British Energy's business partner in AmerGen,
offered a US$276.5 million bid for the 50% stake it does own in
Amergen, rivaling a previous offer by FPL Energy.

FPL, a subsidiary of FPL Group, agreed with British Energy for a
US$277 million (GBP174 million) purchase of Amergen last month,
enabling the troubled nuclear generator to meet a crucial
requirement under a GBP5 billion government-backed rescue.

But Exelon, under the original contract, has the right of first
refusal to purchase British Energy's 50% interest in the joint
venture.  An acquisition could make the Chicago-based company
sole owner of Three Mile Island unit 1 in Dauphin County and two
other nuclear power plants: the Clinton Nuclear Power Plant in
Illinois and Oyster Creek Generating Station in New Jersey.

Exelon will finalize the sale within the first half of 2004.

FPL Energy would have to abandon its plans, but it still looks
likely to receive a $8.3 million transaction fee from the deal,
according to Yorkshire Daily Record.

British Energy will use the proceeds of the Amergen sale to repay
government loan facilities.


BRITISH ENERGY: 'SD' and 'D' Ratings Unaffected by Restructuring
----------------------------------------------------------------
Standard & Poor's Ratings Services said that its 'SD' corporate
credit and 'D' senior unsecured ratings on British Energy PLC are
unaffected by the company's announcement that it has agreed a
proposed restructuring with certain of its creditors and the
Secretary of State for Trade and Industry.  Owing to its
complexity, whether the restructuring will be successful is
uncertain.

The plan includes a proposal to swap British Energy's rated bonds
for a combination of new bonds and new shares.  Bondholder
recovery is still expected to be significantly below par,
however.

Standard & Poor's considers that the proposed restructuring plan
would strengthen British Energy.  It would deleverage the company
and reduce its operating costs.  In addition, the proposed
provision of a liquidity facility would offer partial protection
against the company's earnings and cash flow volatility.

The proposal would also reduce exposure to nuclear and
decommissioning liabilities, which would be rolled into a single
fund backstopped by the U.K. government.

Standard & Poor's regards the company's business profile as the
weakest among the major generators in the U.K. power sector.
British Energy's nuclear plant has very poor operational
flexibility because they are only able to run at full output.
The company will also continue to be exposed to counterparty risk
because it primarily operates in the wholesale power markets.
Volatile U.K. wholesale power prices are also challenging, owing
to the company's high fixed costs.


BOOSEY & HAWKES: Classic Copyright to Take Over Ops for GBP44.3 M
----------------------------------------------------------------
Introduction

The board of Classic Copyright and the Independent Directors of
Boosey & Hawkes have agreed on the terms of the recommended
Offers to be made by Deloitte & Touche Corporate Finance, on
behalf of Classic Copyright, to acquire the whole of the issued
and to be issued ordinary share capital of Boosey & Hawkes, all
of the issued 3.85% preference share capital and all of the
issued 4.9% preference share capital of Boosey & Hawkes.  The
Offers are being unanimously recommended by the Independent
Directors of Boosey & Hawkes (that is, all the directors of
Boosey & Hawkes, except John Minch who is also a director of
Regent) in the absence of a higher offer.

The Ordinary Share Offer values each Ordinary Share at 215 pence
and the existing issued ordinary share capital of Boosey & Hawkes
at approximately GBP44.3 million.  The Preference Share Offers
value the existing issued preference share capital of Boosey &
Hawkes at GBP35,801.

Your attention is drawn to paragraph 13 of this announcement
which states that the Independent Directors, who have been so
advised by Deutsche Bank, unanimously recommend Boosey & Hawkes'
Shareholders to accept the Offers in the absence of a higher
offer.

The Offers

(a) Ordinary Share Offer

On behalf of Classic Copyright, Deloitte & Touche Corporate
Finance will offer to acquire, on the terms and subject to the
conditions to be set out in the Offer Document and in the
relevant Form of Acceptance, all of the Boosey & Hawkes Ordinary
Shares on these bases:

For each Ordinary Share                    215 pence in cash


The Ordinary Share Offer will represent a premium of
approximately:

(a) 10.3% to 195 pence, being the price for each Ordinary Share
under the lower offer made by Regent on 9 September 2003;

(b) 6.5% to the Closing Price of 170 pence on September 8, 2003,
being the last business day prior to the announcement of the
lower offer by Regent; and

(c) 106.7% to the Closing Price of 104 pence on 5 October 2001,
being the last business day prior to the announcement by Boosey &
Hawkes that it had received an approach that may or may not lead
to an offer for the company.

The Ordinary Share Offer will extend to any Ordinary Shares which
are unconditionally allotted or issued as a result of the
exercise of existing Boosey & Hawkes Share Options whilst the
Ordinary Share Offer remains open for acceptance or such earlier
date as Classic Copyright may, subject to the City Code,
determine, such earlier date not (without the consent of the
Panel) being earlier than the date on which the Ordinary Share
Offer becomes unconditional as to acceptances (or if later, the
first closing date of the Ordinary Share Offer).

The Ordinary Share Offer will be conditional, inter alia, upon
valid acceptances being received by no later than 3.00 p.m. on
the first closing date of the Ordinary Share Offer (or such later
date as Classic Copyright may, subject to the City Code, decide)
in respect of not less than 90% (or such lesser percentage as
Classic Copyright may, subject to the City Code, decide) of the
Ordinary Shares to which the Ordinary Share Offer relates as set
out in paragraph 1 of Appendix I to this announcement.  The
Ordinary Share Offer will not be conditional upon the Preference
Share Offers becoming or being declared unconditional in all
respects. However, the Preference Share Offers will be
conditional upon, inter alia, the Ordinary Share Offer becoming
or being declared unconditional in all respects.

(b) 3.85% Preference Share Offer

On behalf of Classic Copyright, Deloitte & Touche Corporate
Finance will offer to acquire, on the terms and subject to the
conditions to be set out in the Offer Document and in the
relevant Form of Acceptance, all of the Boosey & Hawkes 3.85%
Preference Shares on these bases:

For each 3.85% Preference Share         110 pence in cash


Classic Copyright will, in addition to the Offer Price, pay an
amount equal to all accrued but unpaid dividends on the 3.85%
Preference Shares as at the date falling 14 days after the 3.85%
Preference Share Offer becomes or is declared unconditional in
all respects.

The 3.85% Preference Share Offer will represent a premium of
approximately 4.8% to 105 pence, being the price for each 3.85%
Preference Share under the lower offer made by Regent on
September 9, 2003.

The 3.85% Preference Share Offer will be conditional, inter alia,
upon acceptances being received by no later than 3.00 p.m. on the
first closing date of the Ordinary Share Offer (or such later
date as Classic Copyright may, subject to the City Code,
determine) in respect of not less than 90% (or such lesser
percentage as Classic Copyright may, subject to the City Code,
decide) of the outstanding 3.85% Preference Shares.  In addition,
the 3.85% Preference Share Offer will be conditional upon the
Ordinary Share Offer becoming or being declared unconditional in
all respects.

In the event that the 90% level of acceptances is not achieved
(or waived down) and the Ordinary Share Offer becomes or is
declared unconditional in all respects, Classic Copyright will
procure that Boosey & Hawkes exercises its right to redeem any
outstanding 3.85% Preference Shares in accordance with the
provisions of the Articles of Association.  The Articles of
Association govern both the basis and terms upon which Boosey &
Hawkes has the right to redeem, at its discretion, all of the
outstanding 3.85% Preference Shares. 3.85% Preference
Shareholders have the right on redemption to receive 105 pence
for each 3.85% Preference Share, including, in addition, any
accrued but unpaid dividends on such shares to the date of
redemption.

(c) 4.9% Preference Share Offer

On behalf of Classic Copyright, Deloitte & Touche Corporate
Finance will offer to acquire, on the terms and subject to the
conditions to be set out in the Offer Document and in the
relevant Form of Acceptance, all of the Boosey & Hawkes 4.9%
Preference Shares on these basis:

       For each 4.9% Preference Share          125 pence in cash


Classic Copyright will, in addition to the Offer Price, pay an
amount equal to all accrued but unpaid dividends on the 4.9%
Preference Shares as at the first closing date of the Ordinary
Share Offer.

The 4.9% Preference Share Offer will represent a premium of 25%
to 100 pence, being the par value of the 4.9% Preference Shares
and will represent a premium of approximately 4.2% to 120 pence,
being the price for each 4.9% Preference Share under the lower
offer made by Regent on September 9, 2003.


The 4.9% Preference Share Offer will be conditional, inter alia,
upon acceptances being received by no later than 3.00 p.m. on the
first closing date of the Ordinary Share Offer (or such later
date as Classic Copyright may, subject to the City Code,
determine) in respect of not less than 90% (or such lesser
percentage as Classic Copyright may, subject to the City Code,
decide) of the outstanding 4.9% Preference Shares.  In addition,
the 4.9% Preference Share Offer will be conditional upon the
Ordinary Share Offer becoming or being declared unconditional in
all respects.  Preference Shareholders should be aware that, if
they do not accept the 4.9% Preference Share Offer, they could
hold preference shares in a private company with limited
liquidity and no guarantee as to the ability to realize value
from such shares in the future.

The Ordinary Shares and the Preference Shares will be acquired
pursuant to the Offers fully paid and free of all liens,
equities, charges, encumbrances, pre-emption rights and other
third party interests of whatever nature and together with all
rights now or hereafter attaching thereto, including the right to
receive and retain all dividends or other distributions (if any)
declared, made or paid on or after, in the case of the Ordinary
Shares, June 30, 2003, in the case of the 3.85% Preference Shares
the date falling 14 days after the date the 3.85% Preference
Share Offer becomes or is declared unconditional in all respects
and in the case of the 4.9% Preference Share Offer the first
closing date of the Ordinary Share Offer.

3. Irrevocable undertaking and non-binding letters of intent to
accept the Ordinary Share Offer

Classic Copyright has received an irrevocable undertaking to
accept the Ordinary Share Offer from the company's largest single
shareholder, Guinness Peat Group PLC, in respect of its entire
holding of 3,438,361 Ordinary Shares, representing approximately
16.7% of the existing issued ordinary share capital of the
company.  This undertaking remains binding in the event of a
competing offer being made provided it is at a price not
exceeding 220 pence per Ordinary Share.

In addition, Classic Copyright has received non-binding letters
of intent to accept (or procure the acceptance of) the Ordinary
Share Offer from certain Boosey & Hawkes Ordinary Shareholders in
respect of their holdings of Ordinary Shares, being in aggregate
5,525,710 Ordinary Shares, representing approximately 26.8% of
the existing issued ordinary share capital of the company.

Accordingly, Classic Copyright has received an irrevocable
undertaking and non-binding letters of intent to accept (or
procure the acceptance of) the Ordinary Share Offer in respect of
8,964,071 Ordinary Shares, representing approximately 43.5% of
the existing issued ordinary share capital of the company.

To See Full Copy of Offer:
http://bankrupt.com/misc/Boosey_Offer.htm


BOOSEY & HAWKES: Publishing Unit to Focus on Core Business
----------------------------------------------------------
Background to and reasons for the Offers

HgCapital has been in discussions with the Board about its
interest in acquiring the music publishing division of Boosey &
Hawkes since the Board announced its decision to sell the
business.

HgCapital considers that the publishing division is an attractive
business, which will benefit from private ownership, enabling it
to focus on its core business activities and providing it with
access to capital for both organic and acquisition based growth.

Full acceptance of the Ordinary Share Offer will enable holders
of Ordinary Shares to realize their entire investment for cash
(without incurring dealing charges) at a share price, which
represents a 10.3% premium to 195 pence, being the price for each
Ordinary Share under the lower offer made by Regent on September
9, 2003, and 106.7% premium to the Closing Price of
104 pence on October 5, 2001, being the last business day prior
to the announcement by Boosey & Hawkes that it had received an
approach that may or may not lead to an offer for the company.

Information on the Classic Copyright Group


Classic Copyright, a company owned by Classic Copyright Holdings,
which was formed by the HgCapital Funds, is a recently
incorporated company established for the purpose of making the
Offers.  The directors of Classic Copyright are Greg Smith, Nick
Martin and Robin Lincoln.  Nick Martin and Robin Lincoln are
appointees of HgCapital.

Classic Copyright Holdings is the holding company of Classic
Copyright.

Following the Ordinary Share Offer becoming or being declared
unconditional in all respects, the ordinary shares of Classic
Copyright Holdings will be held as to approximately 93.4% by the
HgCapital Funds and approximately 6.6% by Greg Smith.  HgCapital
intends to invite certain members of the existing Boosey & Hawkes
publishing division management team, including John Minch (being
the current Managing Director of the Boosey & Hawkes publishing
division), together with any additional non-executive directors
appointed to the board of Classic Copyright Holdings, to
subscribe for shares in Classic Copyright Holdings comprising, in
aggregate, up to approximately 17.6% of the fully diluted issued
share capital.  Assuming that all of these ordinary shares are
subscribed for, the HgCapital Funds will then hold approximately
77.0% of the ordinary shares and the enlarged management team
23.0%.


The Classic Copyright Group is being financed out of GBP40,000 of
equity to be subscribed by Greg Smith, approximately GBP38.3
million of equity and loan notes to be subscribed by the
HgCapital Funds and GBP46.0 million of senior debt facilities to
be provided by Barclays Bank PLC.

To date, Classic Copyright has neither traded nor engaged in any
activities, other than those incidental to its incorporation and
the making of the Offers.

Information on HgCapital

HgCapital is the trading name for Hg Investment Managers and Hg
Pooled Management.  HgCapital is an independent provider of
private equity finance to European companies.  It has offices in
the UK and Germany. HgCapital's team has invested approximately
EUR1.3 billion in over 60 businesses over the last thirteen
years.

HgCapital focuses on leveraged buy-outs of companies in the
media, technology, healthcare, leisure, consumer and industrial
sectors. HgCapital has an existing investment in the
entertainment rights exploitation industry, being Eagle Rock
Entertainment Limited, which acquires and creates rights
principally in the rock music genre for exploitation on DVD and
on TV.

HgCapital was formed in December 2000 through the spin-out of
Mercury Private Equity, a division of Merrill Lynch Investment
Managers, that was established in 1985 as the private equity arm
of Mercury Asset Management.  Mercury Asset Management became one
of the U.K.'s largest independent investment management
businesses in the 1990s, before being acquired by Merrill Lynch.

Information on Boosey & Hawkes and the offer process

Boosey & Hawkes is an international music publisher, involved in
both music publishing and the promotion of performances of
classical composers works.

The Company owns a large catalogue of classical music copyrights
of both twentieth and twenty-first century composers.  The Boosey
& Hawkes catalogue of twentieth century music includes the works
of composers such as Bartok, Bernstein, Britten, Copland,
Prokofieff, Rachmaninoff, Strauss and Stravinsky.  In addition,
the catalogue includes the works of a number of living composers
including John Adams, Sir Harrison Birtwistle, Elliot Carter, Sir
Peter Maxwell Davis, H M Gorecki and Steve Reich.

As at June 30, 2003, the unaudited net debt of the Boosey &
Hawkes Group was GBP23.2 million.  Furthermore, Boosey & Hawkes
will incur anticipated transaction and exceptional costs which
amount to approximately GBP4.9 million (including a GBP0.4
million inducement fee payable to Regent) and a payment of
approximately GBP3.0 million into the Boosey & Hawkes UK pension
scheme, to be paid on the Ordinary Share Offer becoming or being
declared unconditional in all respects, the latter as a result of
an agreement reached between Boosey & Hawkes and the U.K..Boosey
& Hawkes pension fund trustees. These additional costs and
payments, together with Boosey & Hawkes net debt as at June 30,
2003, amount in aggregate to approximately GBP31.1 million.

On September 9, 2003, the board of Regent, a new company formed
by Stirling Square and European Acquisition Capital, and the
Independent Directors announced that they had agreed the terms of
recommended cash offers to be made by Citigroup on behalf of
Regent for the entire issued and to be issued share capital of
Boosey & Hawkes at a price of 195 pence per Ordinary Share, 105
pence for each 3.85% Preference Share and 120 pence for each
4.85% Preference Share.

On September 26, 2003, Music Sales Group Limited announced that
it is considering its options in relation to Boosey & Hawkes
which include making a cash offer for Boosey & Hawkes at a
premium to Regent's lower offer of 195 pence per Ordinary
Share.

To See Full Copy of Offer:
http://bankrupt.com/misc/Boosey_Offer.htm


BOOSEY & HAWKES: Workforce Protected Under Buyout Plans
-------------------------------------------------------
HgCapital attaches great importance to the retention of the
skills and expertise of the management and employees of the
Boosey & Hawkes publishing division.

Following the acquisition of Boosey & Hawkes, it is proposed that
the company will continue to be operated by its existing senior
management team together with Greg Smith as finance director.

Following the Offers becoming or being declared unconditional in
all respects, HgCapital intends to invite certain members of the
Boosey & Hawkes publishing division management team, including
John Minch (being the current Managing Director of the Boosey &
Hawkes publishing division), together with any additional non-
executive directors appointed to the board of Classic Copyright
Holdings, to subscribe for shares in Classical Copyright Holdings
comprising, in aggregate up to approximately 17.6% of the fully
diluted issued share capital.

Independent Directors

If the Ordinary Share Offer becomes or is declared unconditional
in all respects, Julia Walsh and Peter Davis intend to resign
from the Board.  Whilst no agreements have yet been entered into,
Classic Copyright is planning to commence negotiations with
Richard Holland and John Christmas to endeavor to agree terms for
their resignations from the Board in the event that the Offers
become or are declared unconditional in all respects.

Employees

The Classic Copyright Board has confirmed that, following the
Offers becoming or being declared unconditional in all respects,
the existing employment rights, including pension rights, of the
current employees of the Boosey & Hawkes Group will be fully
safeguarded.

Boosey & Hawkes Share Option Schemes

As all options in respect of the Ordinary Shares are exercisable
at prices in excess of the price per Ordinary Share of 215 pence
pursuant to the Ordinary Share Offer, Classic Copyright does not
intend to make proposals to Boosey & Hawkes Option Holders who
have not exercised their options before the Ordinary Share Offer
becomes or is declared unconditional in all respects and is
closed.

To See Full Copy of Offer:
http://bankrupt.com/misc/Boosey_Offer.htm


BOOSEY & HAWKES: Promises to Pay Inducement Fee of GBP0.4 MM
------------------------------------------------------------
Inducement fee

Boosey & Hawkes has agreed to make a payment to Hg Pooled
Management of approximately GBP0.4 million (representing one% of
the value of the Ordinary Share Offer) if Regent increases its
offer to a price per Ordinary Share in excess of the Ordinary
Share Offer and such offer by Regent is subsequently declared
unconditional in all respects or, if implemented by a scheme of
arrangement, such scheme becomes effective in accordance with its
terms.

Compulsory acquisition and cancellation of listing

If the Offers become or are declared unconditional in all
respects and sufficient acceptances are received, Classic
Copyright intends to apply the provisions of Sections 428 to 430F
(inclusive) of the Companies Act to acquire compulsorily any
outstanding Boosey & Hawkes Shares following the relevant Offer
becoming or being declared unconditional in all respects.

It is also intended that, following the Ordinary Share Offer
becoming or being declared unconditional in all respects and
subject to any applicable requirements of the U.K. Listing
Authority, Classic Copyright will procure that Boosey & Hawkes
applies to the U.K. Listing Authority for the cancellation of the
listing of Ordinary Shares on the Official List.  It is
anticipated that the cancellation of the listing of the Ordinary
Shares on the London Stock Exchange will, subject to the Listing
Rules, take effect no earlier than 20 business days following the
Ordinary Share Offer becoming or being declared unconditional in
all respects.  De-listing would significantly reduce the
liquidity and marketability of any Ordinary Shares not acquired
by Classic Copyright.

Classic Copyright will also seek to procure the re-registration
of Boosey & Hawkes as a private company under the relevant
provisions of the Companies Act.

Further information


Save for the irrevocable undertaking and non-binding letters of
intent to accept the Offers summarized above, neither Classic
Copyright, nor any person acting in concert with Classic
Copyright, owns or controls any Boosey & Hawkes Shares or has any
options (including traded options) in respect of, or any
outstanding derivatives referenced to, any such shares.

Save for the irrevocable undertaking and non-binding letters of
intent to accept the Offers summarized above, neither Classic
Copyright nor any person acting in concert with Classic Copyright
has any arrangement in relation to Boosey & Hawkes Shares, or any
securities convertible or exchangeable into Boosey & Hawkes
Shares or options (including traded options) in respect of, or
derivatives referenced to, any such shares.  For these purposes,
'arrangement' includes an indemnity or option arrangement, any
agreement or understanding, formal or informal, of whatever
nature, relating to Boosey & Hawkes Shares which may be an
inducement to deal or refrain from dealing in such shares.

The Offers, which will be made on the terms and subject to the
conditions in Appendix I of this announcement and any further
terms, will be set out in the Offer Document and the relevant
Form(s) of the Acceptance, which will be posted shortly to Boosey
& Hawkes Shareholders and, for information only, to Boosey &
Hawkes Share Option Holders.  Defined terms have the meanings set
out in Appendix II to this announcement, which also forms part
of, and should be read in conjunction with, this announcement.

This announcement does not constitute an offer or an invitation
to purchase or subscribe for any securities.

Recommendation of the Independent Directors

The Independent Directors, who have been so advised by Deutsche
Bank, consider the terms of the Offers to be fair and reasonable.
In providing advice to the Independent Directors, Deutsche Bank
has taken into account the Independent Directors' commercial
assessments.

The Independent Directors of Boosey & Hawkes unanimously
recommend that Boosey & Hawkes' Shareholders accept the Offers in
the absence of a higher offer.

To See Full Copy of Offer:
http://bankrupt.com/misc/Boosey_Offer.htm

CONTACT:  HGCAPITAL
           Nick Martin/Ian
Armitage
           Phone: 020 7089 7888

           DELOITTE & TOUCHE CORPORATE FINANCE
           Jonathan Hinton/Byron
Griffin
           Phone: 020 7936 3000

           HOLBORN PUBLIC RELATIONS LIMITED
           David Bick/Trevor Phillips
           Phone: 020 7929 5599


           BOOSEY & HAWKES PLC
           Peter Davis
           (Chairman)/Richard Holland (Chief Executive)
           Phone: 020 7299 1920

           DEUTSCHE BANK
           Jeremy Lucas
           Phone: 020 7545 8000

           Weber Shandwick Square Mile
           Terry
Garrett
           Phone: 020 7067 0717


BRITISH AIRWAYS: Reports Sept. Traffic and Capacity Statistics
--------------------------------------------------------------
Summary of the headline figures

In September 2003, overall load factor fell 1.6 points to 67.7%.
Passenger capacity, measured in Available Seat Kilometers, was
3.7% above September 2002 and traffic, measured in Revenue
Passenger Kilometers, was higher by 1.7%.  This resulted in a
passenger load factor down 1.4 points versus last year, to 75.7%.
The increase in traffic comprised a 0.5% decrease in premium
traffic and a 2.1% increase in non-premium traffic.  Cargo,
measured in Cargo Ton Kilometers, rose by 4.2%.

For the July to September quarter, ASKs rose by 1.8%, with RPKs
rising by 2.6%.  This resulted in an increase in passenger load
factor of 0.6 points, to 74.2%.  This comprised a 0.4% fall in
premium traffic and a 3.7% increase in non-premium traffic.  CTKs
fell by 0.8%.

Market conditions

Overall market conditions are largely unchanged with traffic
volumes remaining very sensitive to yield.  Premium volumes are
broadly stable but still significantly below levels seen
previously.

Strategic Developments

British Airways reached agreement on the 2003 pay deal with its
ground support staff and administrative staff for a one-year
increase in basic pay of 3% backdated to January 2003.

British Airways and Swiss International Airlines signed a legally
binding memorandum of understanding on a commercial agreement.
British Airways and Swiss plan joint operations between the U.K.
and Switzerland, with codesharing on London Heathrow Swiss routes
from October 26, that will give both airlines Ecustomers
convenient access to worldwide destinations via London and
Zurich.

The Swiss frequent flyer scheme will be integrated gradually into
the British Airways EExecutive Club.  In addition, British
Airways will enter into a slot exchange agreement for eight
Heathrow daily slot pairs from Swiss.  Swiss will also enter the
oneworld alliance, of which British Airways is a founder member.

British Airways announced plans to resume direct flights to the
Pakistan capital, Islamabad this winter.  Flights will restart on
Monday, December 1, 2003 and are available for sale.  The flights
from London Heathrow will depart on Mondays, Wednesdays and
Saturdays and from Islamabad on Tuesdays, Thursdays and Sundays.

British Airways resumed flights from London Heathrow to Saudi
Arabia.  The decision to restart flights followed a thorough
review of security in and around Riyadh and Jeddah airports, in
co-operation with the U.K. government's Department for Transport
and the Saudi authorities.

As part of the airline's fleet simplification program, the last
of five ATR aircraft was returned to the lessors.  There are now
no turbo prop aircraft in the mainline fleet.

Rod Eddington, chief executive of British Airways and chairman of
the Association of European Airlines, called on the United States
and the European Commission to create a new air treaty that will
link the domestic market in the United States with the single
market in the European Union.

His call came on the eve of historic talks that were the first
since the European Commission was given a mandate earlier this
year to negotiate on behalf of all European Union member states.

The airline hopes the talks will pave the way for a 'common
aviation area that will allow airlines the same freedoms as other
business sectors to conduct cross border mergers, acquisitions
and joint ventures.

To View Table:
http://bankrupt.com/misc/BRITISH_AIRWAYS_STATISTICS


CANARY WHARF: Chairman Reichmann Announces Plan to Offer Bid
------------------------------------------------------------
IPC Advisors, a company owned by members of the family of Mr.
Paul Reichmann, announces its intention to form a consortium of
investors to make an offer for Canary Wharf Group plc.

IPC Advisors is committed to maintaining the integrity of the
Canary Wharf estate and seeing the Canary Wharf vision through to
completion by carrying out its future development plans.  It
expects to accomplish this through working with the experienced
development team in place at Canary Wharf.

IPC Advisors has appointed Lehman Brothers Europe Limited as its
financial advisor.

There can be no certainty that IPC Advisors will be successful in
forming a consortium or in announcing an offer for Canary Wharf.

This press release does not constitute an offer or invitation to
purchase, or any solicitation of any offer to sell, any
securities, nor shall it (or any part of it) or the fact of its
distribution form the basis of or be relied on in connection
with, any contract therefor.

                      *****

The offer came after a bid from Brascan, a Toronto property
company, and a consortium led by Morgan Stanley and Goldman
Sachs, the investment banks, did not materialize last week.

Canary Wharf, which fell down during the stock market crash of
1987, is currently suffering from the slowdown in the real
property market.  It was bailed out by a group of banks and then
sold.  It recovered during the late 1990s but encountered
difficulties again after the September 11 attacks discouraged
interest in skyscrapers.

CONTACT:  LEHMAN BROTHERS EUROPE
LIMITED
           Phone: 020 7601 0011
           John McIntyre

           CHIME
COMMUNICATIONS
           Phone: 020 7861 8515
           Tim Bell


EDINBURGH FUND: Aberdeen Posts Bid; Offer Open Until October 24
---------------------------------------------------------------
In connection with the announcement made on September 5, 2003 of
an offer by Ernst & Young LLP on behalf of Aberdeen Asset
Management PLC for the whole of the issued and to be issued
ordinary share capital of Edinburgh Fund Managers Group plc, the
board of Aberdeen announces that the Offer Document, Circular,
Listing Particulars and Form of Acceptance relating to the Offer
were posted Friday.

The Offer, which is recommended by the board of Edinburgh, will
initially be open for acceptance until 3.00 p.m. (London Time) on
October 24, 2003.  The Offer Document contains a notice convening
an Extraordinary General Meeting of Edinburgh for 12 noon on
October 21, 2003 at which Edinburgh Shareholder approval for the
arrangements between New Star and BT Pension Scheme (details of
which are set out in the Offer Document) will be sought.  The
Circular contains a notice convening an Extraordinary General
Meeting of Aberdeen for 11.00 a.m. on October 20, 2003 at which
Aberdeen Shareholder approval for the Offer will be sought.

Terms defined in the Offer Document and in the Circular and
Listing Particulars dated October 3, 2003 have the same
respective meanings in this announcement.

Copies of the Circular and the Listing Particulars have been
submitted to the U.K. Listing Authority and will shortly be
available for inspection at the U.K. Listing Authority's Document
Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Phone: 020 7066 8224

CONTACT:  ABERDEEN ASSET MANAGEMENT
           Martin Gilbert
           Phone: 020 7463 6000

           ERNST & YOUNG
           John Stephan
           Phone: 020 7951 2000
           Andrew Grace

           GAVIN ANDERSON
           Neil Bennett
           Phone: 020 7554 1454
           Mark Lunn


EGG PLC: May be Sold Under Prudential's Refocusing Program
----------------------------------------------------------
Speculations run that U.K.'s largest life insurer, Prudential, is
selling its stake in Internet bank Egg for GBP2 billion,
according to The Scotsman.

Egg, which was founded in 1998, turned in a profit after start-up
costs last year, and garnered 5% of the U.K. credit card market,
but it is faring badly in the French market.  Its "a la carte"
credit card, failed to win over customers in the region.  Chief
executive Paul Gratton said early this year Egg received a high
level of interest for the credit card, but only 25,000 customers
were actually added to the 90,000 it acquired when it bought
Zebank's customer base last year.

According to the report, analysts believe it would be wise for
Prudential to sell the business in line with its refocusing.

Market commentators also say Prudential would no longer have use
for the operation it set up in part to offer customers a bank for
their maturing insurance policies.

There are also beliefs that a sale would provide Prudential with
cash to tap into the U.K. branch banking network.

But a Prudential spokeswoman denied the insurer needed to sell
Egg to raise cash as they already had raised money through a
successful bond issue this summer and retained a further GBP200
million within the company by cutting its dividend this year.

Reports say Prudential has asked JP Morgan Chase to manage the
sale of its remaining 75% stake in the company.  The spokeswoman
refused to comment on market speculations.


REGUS PLC: Reiterates Plan to Exit Chapter 11 by Year End
---------------------------------------------------------
Regus plc, the world's largest provider of serviced offices,
announces that following the U.S. Bankruptcy Court's approval of
the Regus Disclosure Statement and Plan of Reorganization, these
documents were posted to creditors and shareholders on Friday,
October 03, 2003.  At the same time, a circular is being posted
to shareholders proposing a Scheme of Arrangement under Section
425 of the Companies Act 1985 to introduce a new holding company
for Regus plc, called Regus Group plc, and to make certain
changes to the share capital of Regus plc.

Upon the Scheme of Arrangement becoming effective, the listing of
shares of Regus plc is expected to be cancelled and the shares of
Regus Group plc will be admitted to listing on the official list
of the U.K. Listing Authority (UKLA) and to trading on the main
market for listed securities of the London Stock Exchange.
Listing Particulars relating to Regus Group plc were also
published Friday.

Other than the introduction of the proposed new holding company,
the structure of Regus will remain unchanged.  The current
directors of Regus plc will be the directors of Regus Group plc,
with the exception of Group Finance Director Stephen Stamp who
has decided to leave the company to pursue other opportunities.
Following an appropriate handover period, Rudy Lobo, who
previously held this role, will assume the responsibilities of
Group Finance Director on an interim basis.  He will do so with a
new Group Financial Controller, Xenia Constantinou, who joins
Regus from Vantico.

Group Chairman John Matthews commented: 'Regus remains firmly on
schedule for its planned exit from Chapter 11 later this year.
This is good news for creditors and shareholders alike.

'In terms of current trading, there are positive signs.  At
constant exchange rates, revenues for September 2003 showed an
increase of GBP0.9 million over August 2003, the largest month-
to-month increase since March 2001.  Based on enquiry levels and
the contracted forward order book of the Group, the Board
believes Regus can make further progress in the fourth quarter of
2003.

'The Board would like to place on record its gratitude to Stephen
Stamp for the contribution he has made to the company, in
particular his guidance of Regus through its flotation in 2000
and more recently, throughout the Chapter 11 process.  He leaves
Regus with our best wishes for his future plans'.

Copies of the Regus Disclosure Statement, Plan of Reorganization,
Scheme Circular and Listing Particulars have been submitted to
the U.K. Listing Authority and are available for inspection at
the UKLA Document Viewing Facility which is situated at the
Financial Service Authority, 25 The North Colonnade, Canary
Wharf, London E14 5HS.

CONTACT:  REGUS GROUP COMMUNICATIONS
           Stephen Jolly
           Phone: + 44 1932 895135 / 07768 791462


SILENTNIGHT HOLDINGS: Soundersleep's Offer Now Unconditional
------------------------------------------------------------
Soundersleep announces that by 3.00 p.m. on October 3, 2003, (the
First Closing Date of the Offer) valid acceptances had been
received in respect of a total of 13,809,175 Silentnight Shares,
representing approximately 29.6% of the existing issued ordinary
share capital of Silentnight and 60.4% of the shares subject to
the Offer.  These Shares when aggregated with the 23,699,880
Shares already owned by Soundersleep or persons acting in concert
with Soundersleep, amount to 37,509,055 Shares representing 80.5%
of the issued share capital of Silentnight.

The acceptance condition and all other conditions of
Soundersleep's Offer for Silentnight have now been satisfied or
waived and accordingly Soundersleep is pleased to announce that
the Offer is declared unconditional in all respects.

Silentnight Shareholders who have not yet accepted the Offer and
wish to do so are urged to complete and return their Forms of
Acceptance as soon as possible.

The Offer and acceptances under it remain on the terms and
subject to the conditions set out in the Offer Document.  The
Offer will remain open for acceptance until further notice.

Application will now be made for cancellation of the listing of
Silentnight Shares on the Official List of the U.K. Listing
Authority and cancellation of trading on the London Stock
Exchange's market for listed securities.  It is anticipated that
such cancellations will take effect on November 3, 2003, being 20
business days from the date of this announcement.

The consideration due under the Offer in respect of acceptances
complete in all respects and received not later than 3.00 p.m. on
3 October 2003 will be dispatched on or before October 17, 2003
and within 14 days of the date of receipt in respect of further
acceptances which are complete in all respects.

As at September 12, 2003, Soundersleep had received an
irrevocable undertaking from David Adam to accept, or procure the
acceptance of, the Offer in respect of his and his wife's entire
beneficial holdings, amounting to 6,878 Silentnight Shares,
representing approximately 0.01% of the issued share capital of
Silentnight.  Further irrevocable undertakings had been received
from other Silentnight Shareholders in respect of an aggregate of
1,610,230 Silentnight Shares representing 3.4% of the issued
share capital of Silentnight.  In addition, non-binding letters
of intent to accept the Offer had been received in respect of an
aggregate of 9,300,988 Silentnight Shares, representing 20.0% of
the issued share capital of Silentnight.  In total, Soundersleep
held irrevocable undertakings and non-binding letters of intent
to accept the Offer in respect of 10,918,096 Silentnight Shares
representing approximately 23.4% of the issued share capital of
Silentnight.  These Shares when aggregated with the 23,699,880
Shares already owned by Soundersleep or persons acting in concert
with Soundersleep, amounted to 74.3% of the issued share capital
of Silentnight.



Valid acceptances have been received in respect of all the
Silentnight Shares subject to the irrevocable undertakings and in
respect of an aggregate of 3,103,035 Silentnight Shares subject
to the non binding letters of intent representing 6.7% of the
issued share capital of Silentnight.  All such acceptances are
included in the total of valid acceptances received as at 3.00
p.m. on October 3, 2003 as set out above.

At the close of business on July 15, 2003, the day prior to the
commencement of the Offer Period, Soundersleep and persons acting
in concert with Soundersleep owned or controlled 23,699,880
Silentnight Shares (or rights over Silentnight
Shares) representing 50.9% of the issued share capital of
Silentnight.

Since that date, neither Soundersleep nor any person acting in
concert with Soundersleep for the purpose of the Offer has
acquired or agreed to acquire any Silentnight Shares (or rights
over Silentnight Shares) other than pursuant to the Offer.

CONTACT:  SOUNDERSLEEP LIMITED
           Nino Allenza
           Phone: 01282 815888

           WILLIAMS DE BROE (Financial Adviser to Soundersleep)
           Joanne Lake
           Phone: 0113 243 1619

           SILENTNIGHT HOLDINGS PLC
           Roger Pedder
           Phone: 01458 842626

           Evolution Beeson Gregory
           (Financial Adviser to Silentnight Holdings Plc)
           Tim Worlledge
           Phone: 020 7071 3000

           Luther Pendragon
           Jon Bennett
           Phone: 020 7618 9100

           Simon Maule
           Phone: 020 7618 9100


SPORTINGBET PLC: September Results Fall Below Expectations
-----------------------------------------------------------
During the six months to September 30, 2003, Sportingbet Plc has
made good progress in the development of its business.  The
growth in customer numbers and the number of bets placed have
been strong and, as expected, the company's bank processing
performance has improved much.

Accordingly, the financial performance of the Group for the first
five and a half months of the year has been in line with
expectations.  However, during the last two weeks of September as
a result of an unusually high number of unfavorable sporting
results in the NFL and European soccer, Sportingbet's gross
margin for the six months ended September 30, 2003 will be
approximately GBP2 million below expectations.

The underlying performance of the Group continues to progress
well and the Board continues to look forward with confidence.

The Board anticipates releasing the results for the six months to
September 30, 2003 on October 23, 2003.

CONTACT:  SPORTINGBET PLC
           Nigel Payne, Group Chief Executive
           Andrew McIver, Group Finance Director
           Phone: 020 7251 7260

           CUBIT CONSULTING
           Peter Ogden
           Phone: 020 7367 5100


WATERFORD WEDGWOOD: Agrees to Raise Debt by EUR190 Million
----------------------------------------------------------
Waterford Wedgwood has reportedly succumbed to pressures from
bankers to issue EUR190 million (US$317 million) of fresh debt
through a junk bond, BizWorld news agency said.

The troubled household goods company saw its shares drop by 14pc
last Friday, owing to the information that leaked to RTE, which
reveals that the company has agreed to "actively pursue"
discussions to raise the debt and to secure it by October 29.

Shares in Dublin dropped by 4c to close Friday evening at 25c.

According to the report, the conditions appear to rule out the
raising of the money through the issue of shares.

TCR Europe recently said bankers of Water Wedgewood urged the
company to issue junk bonds as a condition to its debt
restructuring.  It is noted that the creditors would like to see
the bond issue completed by October 2 so that a new agreement
regarding its bank facility could be put in place by the end of
November.

The banks, with which Waterford Wedgwood has EUR350 million in
debts, also specified that it would only agree to a refinancing
if the company holds its interim dividend, reduce stock levels,
and give up all other capital expenditures except that which is
currently underway.  The company already announced a 50% cut in
the final payout for the last year.

Waterford Wedgwood increased its debts by EUR234 million in the
past five years to EUR357 million as a result of acquisitions,
restructuring, and increase in working capital.  It agreed to
suspend its banking covenants in June after realizing that the
poor earnings of its core crystal and china products were ruining
key ratios.




* Large Companies with Insolvent Balance Sheets
-----------------------------------------------

                                 Shareholders  Total    Working
                                    Equity     Assets   Capital
                         Ticker     (US$MM)    (US$MM)   (US$MM)
                         ------   -----------  ------   --------
AUSTRIA
-------
Libro AG                            (111)         174     (182)

BELGIUM
-------
Real Software             REAL       (35)         244       (1)

CZECH REPUBLIC
--------------
Ceskomoravska Kolben &
    Danek Praha Holding               (89)         192    (2,186)

DENMARK
-------
Elite Shipping                       (28)         101        19

FRANCE
------
Banque Nationale
    de Paris Guyane                   (41)         352       N.A.
BSN Glasspack                       (101)       1,151       179
Bull SA                   BULP      (760)         893      (130)
Compagnie
    des Machines Bull                (116)         136       (20)
Compagnie Francaise de
    l'Afrique Occidentale             (65)         256        21
Cofidur SA                            (5)         102        19
Dollfus-Mieg & Co.        DOLP        (0)          187        28
European Computer System            (110)         682       377
Grande Paroisse SA                  (845)         383       107
Pneumatiques Kleber SA               (34)         480       139
SDR Picardie                        (135)         413       N.A.
Soderag                               (3)         404       N.A.
Sofal SA                            (305)       6,619       N.A.
Spie-Batignolles                     (16)       5,281        75
St Fiacre (FIN)                       (1)         111       (33)
Trouvay Cauvin            TRCN        (0)         134        10
Usines Chauson                       (23)         249        35

GERMANY
-------
Dortmunder
    Actien-Brauerei        DABG       (13)         118       (29)
Eurobike AG               EUBG       (32)         158       (31)
F.A. Guenther & Sohn AG   GUSG        (8)         111       N.A.
Kaufring AG               KAUG       (19)         151       (51)
Nordsee AG                            (8)         195       (31)
Schaltbau AG              SLTG       (16)         163        20
Vereinigter
    Baubeschlag-Handel
    Holding AG             VBHG       (24)         307       (63)

ITALY
-----
Binda SpA                 BND        (11)         129       (20)
CIRIO FINANZIARI          CBDI      (422)       1,583      (396)
Credito Fondiario
    e Industriale SpA      CRF       (200)       4,218       N.A.

NETHERLANDS
-----------
Baan Company N.V.         BAAN        (8)         610        46

NORWAY
------
Pan Fish ASA              PAN       (117)         806      (259)
Petroleum-Geo Services    PGO        (32)       2,963    (5,250)

POLAND
------
Animex SA                             (1)         108       (86)
Exbud Skanska SA          EXBUF       (9)         315      (330)
Stalexport SA                        (57)         229       (51)

SPAIN
-----
Altos Hornos de Vizcaya SA          (116)       1,283      (278)
Santana Motor SA                     (46)         223        41
Sniace SA                            (11)         128       (24)
Tableros de Fibras SA     TFI        (43)       2,107       125

SWITZERLAND
-----------
Kaba Holding AG           KABZN      (64)         515       252

UNITED KINGDOM
--------------
Abbot Mead Vickers                    (2)         168       (16)
Alldays Plc               ALD       (120)         252      (202)
Amey Plc                  AMY        (49)         932       (47)
Bonded Coach
    Holiday Group Plc                  (6)         188       (44)
Blenheim Group                      (153)         198       (34)
Booker Plc                BKRUY      (60)       1,298        (8)
Bradstock Group           BDK         (2)         269         5
Brent Walker Group                (1,774)         867    (1,157)
British Energy            BGY     (5,342)       3,438       229
British Nuclear Fuels Plc         (2,627)      36,359     1,948
British Sky
Broadcasting  BSY       (175)       3,347      (144)
Compass Group             CPG       (668)       2,972      (298)
Costain Group             COST       (34)         329       (12)
Dawson Holdings           DWSN       (32)         135       (25)
Easynet Group Plc         ESY        (12)         332        53
Electrical and Music      EMI
    Industries Group                 (885)       3,053      (435)
Euromoney Institutional   ERM       (119)         173        20
Gallaher Group            GLH       (543)       5,527        68
Gartland Whalley                     (11)         145        (8)
Global Green Tech Group             (156)         408       (18)
Heath Lambert
    Fenchurch Group PLC               (10)       4,109       (10)
HMV Group PLC             HMV       (211)         762       (66)
Imperial Tobacco Group    ITY       (117)      10,083      (190)
Intertek Testing Services ITRK      (134)         425       (67)
IPC Media Ltd.                      (685)         254        16
Lambert Fenchurch Group               (1)       1,827         3
Lattice Group                     (1,290)      12,410    (1,228)
Misys PLC                 MSY       (161)         949        41
Orange PLC                ORNGF     (594)       2,902         7
Regus PLC                 RGU        (46)         367       (60)
Rentokil Initial Plc      RTO     (1,130)       2,809       (37)
Saatchi & Saatchi         SSI       (119)         705       (41)
Seton Healthcare                     (11)         157         0
Yell Group PLC                      (196)       3,964       289


Each Tuesday edition of the TCR-Europe contains a list of
companies with insolvent balance sheets based on the latest
publicly available balance sheet available to our editors at the
time of publication.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell
short.  Don't be fooled.  Assets, for example, reported at
historical cost net of depreciation may understate the true value
of a firm's assets.  A company may establish reserves on its
balance sheet for liabilities that may never materialize.  The
prices at which equity securities trade in public market are
determined by more than a balance sheet solvency test.




S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter -- Europe is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Trenton, NJ
USA, and Beard Group, Inc., Washington, DC USA.  Larri-Nil
Veloso, Ma. Cristina Canson, and Laedevee Gonzales, Editors.

Copyright 2003.  All rights reserved.  ISSN 1529-2754.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.

Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.

The TCR Europe subscription rate is US$575 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for
members of the same firm for the term of the initial subscription
or balance thereof are US$25 each. For subscription information,
contact Christopher Beard at 240/629-3300.


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