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Acquisition Update

28th Feb 2006 10:38

Commoditrade Inc.28 February 2006 28 February 2006 Commoditrade Inc. ("Commoditrade" or "the Company") On 16 January 2006, Commoditrade announced that it was progressing with its proposal to acquire a UK-based company engaged in the brokerage of commodities and derivatives. The Company is pleased to announce that it is at an advanced stage with its proposed acquisition and expects to be able to provide a further update by 31 March 2006. In the interim the Company's shares will remain suspended. Enquiries:John Bick 020 7451 9800 This information is provided by RNS The company news service from the London Stock Exchange

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