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Kentucky Fried Chicken (Bermuda) Ltd. Announces Share Repurchase Programme

15 15 2004

Hamilton, Bermuda: 14 July 2004 - Kentucky Fried Chicken (Bermuda) Ltd. (KFCB.BH) has given notice to the Bermuda Stock Exchange (BSX) of its intention to repurchase up to 60,000 shares from existing shareholders, which represents 10.07% of its outstanding shares.

In the notice Kentucky Fried Chicken (Bermuda) Limited has indicated the reason for the securities repurchase programme is to reduce the number of outstanding shares of the Company to under 500,000 shares.

During the first quarter of 2004 the Company did not repurchase any of its shares.