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SPECIFIC PRO RATA OFFER: PURCHASE CONSIDERATION

Specific pro rata offer : purchase consideration
Shareholders are advised that, further to the announcement released on 23 December 2002 providing the required information relating to the specific pro rata offer, the purchase consideration to be paid on Monday 13 January 2003 will be 237,6 cents per HCI share.
Shareholders are reminded that, in order to participate in the Repurchase Offer, the last day to trade is Friday 3 January 2003 and the record date is Friday 10 January 2003. The Repurchase Offer closes at 16:00 on Friday 10 January 2003.
The results of the Repurchase Offer will be published in the press on Tuesday 14 January 2003.