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Issue of Equity

3rd Nov 2005 11:09

Torex Retail PLC03 November 2005 Torex Retail Plc (the "Company") Further to the announcement on 26 September 2005 of its proposed acquisition ofSystech Retail Systems Corp. ("Systech"), comprising the business of OPENFIELDSolutions, the Company announces that it has completed the acquisition followingapproval by Systech common shareholders and court approval of the transaction.Accordingly the Company has today applied to AIM for admission of 2,371,267 newordinary 1p shares being issued as part consideration for the acquisition.Admission is expected to become effective on 9 November 2005. 3 November 2005 Enquiries: Torex Retail 0870 300 6061 Mark Pearman This information is provided by RNS The company news service from the London Stock Exchange

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