West Indies Pulp & Paper (WIPP) – Trading Suspended

The Council of the JSE has suspended trading in the shares of West Indies Pulp & Paper Ltd. effective July 7, 1997.

The audited financial statements for West Indies Pulp & Paper for the year ended November 30, 1996 were due February 28, 1997.

Rule 408 of the JSE RuleBook states: “Companies with audited annual financial statements which are ninety days overdue shall have trading in their shares suspended until the reports are submitted to the Exchange”.