RNS Number:1819K
Galileo Innovation PLC
17 April 2003

                             GALILEO INNOVATION PLC


The Directors of Galileo regret to announce that, owing to recent adverse market
conditions, all efforts to list or trade sale the Company's investments have
been unsuccessful. The Directors have therefore decided to stop supporting the
Company's investments and to settle its liabilities.


A further announcement will be made in due course.




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            The company news service from the London Stock Exchange

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