MAVERICK FUND LTD COMPANY ANNOUNCEMENT

Date27-Sep-2004

Company Announcement

For Immediate Release 22 September 2004

MAVERICK FUND, LTD.

RE: Discrepancy in Description of Management Share Ownership

 

The Board of Directors of Maverick Fund, Ltd. (the "Fund") wish to announce that an incorrect statement was made in an announcement released on 15 April 1998. The announcement entitled "Creation of Voting Management Shares and Conversion of Ordinary Shares into Participating Shares" stated that "The Investment Manager, Maverick Capital, Ltd will subscribe for 100 [Management] Shares (either directly or through a voting trust arrangement)." The Investment Manager did not subscribe for and has never held these 100 Management Shares.

 

The delay in notifying the Irish Stock Exchange of this change is due to an oversight of an administrative nature.

 

Enquiries:

The Irish Trust Company (Cayman) Limited Ms Michelle Boucher

Phone: +1 345 814 7150

NCB Stockbrokers Limited Ms Margot McDonagh

Phone: +353 1 611 5907