ABP Expects Good Results

Maritime Activity Reports, Inc.

December 13, 2000

Associated British Ports Holdings Plc expects full-year pre-tax profit to be at the upper end of market expectations on turnover growth of at least eight percent on strong port activity and property sales. Britain's biggest port operator also said its strategy of selling non-core assets had continued and profits from this month's sale of Red Funnel Group and the sale of investment properties was expected to top $17 million.
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