LENDU HOLDINGS PLC

IRRIGATED-COTTON, BEEF-CATTLE AND CEREAL PRODUCTION IN QUEENSLAND AND
NEW SOUTH WALES, AUSTRALIA


The Company announces that it has applied to AIM for the admission of
24,067 new shares of 5p each pursuant to its scrip dividend scheme. It
is expected that dealings in the new shares will commence on 18
November 2003.


By order of the board
M.P.Evans (UK) Limited
Secretaries
10 November 2003

Lendu Holdings PLC
Peter Hadsley-Chaplin - 01892 516333

Brown Shipley Corporate Finance
Bill Staple, Director - 020 7282 3270

Brown Shipley Securities
Craig Cowan, Director - 020 7282 1595