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KFC Retracts Share Buyback
Hamilton, Bermuda: 21st October 2005 - Kentucky Fried Chicken (Bermuda) Limited (KFCB.BH) has today advised The Bermuda Stock Exchange (BSX) that the 10,000 shares, previously reported on 4th October as having been repurchased on Friday, 30th September 2005, at a price of $5.50 per share, were incorrectly reported as being repurchased by the Company.
The matter was a shareholder transaction and the shares remain in issue as part of the Company's issued share capital. In this regard, the Company has advised the Exchange that these shares were purchased by Bermuda Management Holdings Limited, increasing their holding in the Company to 234,553 shares or 38.97% of the shares outstanding.