RNS Number:8811O
Hemingway Debenture Ld
20 August 2003


Hemingway Debenture Limited (the "Charging Company")
#75.76 million 10.375% Debenture Stock 2023 (the "Stock")
Purchase of Stock

The Charging Company announces that on 19 August it purchased from a holder #1.5
million in nominal amount of the Stock for an aggregate price of #2,055,534.99.
This represents 1.98% of the outstanding Stock.  Following the purchase, #74.26 
million in nominal amount of the Stock will remain outstanding.

The Stock to be purchased by the Charging Company will be cancelled in
accordance with the terms of the Trust Deed constituting the Stock.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
MSCBXGDIIGDGGXG