Kern River PLC
21 May 2001
ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE *KRV
SEDOL CODE *490-526
TERMS *1 New Ordinary Share for every 4 Existing Ordinary
Shares held at 32p
EX DATE *21-05-01
RECORD DATE *09-05-01
SPLITTING APPLICATION FORMS *08-06-01 3:00pm
RECEIPT OF APPLICATION FORMS *12-06-01 3:00pm
DEALING COMMENCE NEW SHARES *19-06-01
NOTES *