ARX Aerobox

RNS Number:0939Q
AeroBox plc
24 January 2007


                      AeroBox plc ("ARX" or the "Company")

                       Further re. Suspension of Trading

Following the announcement on 15 September 2006, the Directors of ARX have been
advised that the Company's main operating subsidiary, AeroBox Composite
Structures, LLC ("ACS") yesterday petitioned for the protection of creditors
under Chapter 11 of the United States Bankruptcy Code. Under the terms of the
petition ACS is being funded by its previously secured lender Laurus Master
Fund.

In view of this event the prospects of any returns for shareholders of ARX are
likely to be minimal.

The Board of ARX continues to examine options for ARX and will make further
announcements when appropriate.


                                    - ends -

Enquiries:

Ray Gibbs,           Group Managing Director, AeroBox plc      +44 20 7929 5599
Trevor Phillips,     Holborn PR                                +44 20 7929 5599
Jeremy Porter,       Seymour Pierce                            +44 20 7107 8000



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
FURBIMFTMMTTBJR

Aerobox (LSE:ARX)
Historical Stock Chart
From Nov 2024 to Dec 2024

Aerobox (LSE:ARX)
Historical Stock Chart
From Dec 2023 to Dec 2024