IT Capital Limited - Exemption Notice 2002

Exemptions granted to Platinum Management Limited in connection with rule 7(d) of the Code and IT Capital Limited in connection with rule 16(b) and (d) of the Code.
The exemptions relate to a management service contract that is to be considered at a meeting of IT Capital's shareholders. The contract provides for the issue of 50,000,000 share options to Platinum to provide an incentive to it in relation to the management services to be provided under the contract.

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