The securities of New Tel Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 18 June 2002 or when the announcement is released to the market.
Security Code: NWL NWLOA
J Hewitt COMPANIES ADVISOR
REQUEST FOR TRADING HALT
New Tel Limited hereby requests a trading halt on the Company's securities under Listing Rule 17.1.
Further to the Company's announcement on 15 March 2002, the Company advises that it has finalised formal agreements for the acquisition of telephony reseller Digiplus.
New Tel Limited requests a trading halt for the Company to prepare and lodge a market announcement regarding these agreements prior to the commencement of normal trading on Tuesday 18 June 2002.
New Tel Limited is not aware of any reason why the trading halt should not be granted.
Please confirm your agreement to the trading halt requested.