/ 9 February 1999

HAMILTON LOSING ALTITUDE

HAMILTON Airship Company, which plans to build the world’s largest airship, is desperately seeking bridging finance. The firm needs funds following the return of R93-million raised in a pre-listing public and private offer of shares. Many small investors who bought shares in the company remain shareholders and have displayed considerable patience with the firm. The company postponed its listing on the Johannesburg Stock Exchange last year due to adverse conditions but remains committed to listing at the end of April this year.