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PLIVA POSTPONES SALE OF SHARES UNTIL FURTHER NOTICE ( Editorial: --> 8648 )

( Editorial: --> 8648 ) ZAGREB/LONDON, Nov 6 (Hina) - The Croatian Finance Ministry, in cooperation with Daiwa Europe, the London-based global coordinator of the sale of 14% of shares of the Croatian pharmaceutical company Pliva on the international market, has decided to postpone the sale of Pliva shares until further notice due to the current situation on international stock exchanges, Daiwa Europe public relations coordinator Dewe Rogerson said. Rogerson's statement was confirmed by the Croatian Finance Ministry on Thursday. A two-week roadshow of Pliva shares and the Croatian economy throughout the United States and Europe has shown considerable interest of investors in Pliva shares. However, due to changes on the international market in the last two weeks, it was decided that it would not be wise to continue the sale of Pliva shares. The Finance Ministry said that Pliva would not give up the sale of those shares on the international market. (hina) jn rm 061627 MET nov 97

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