Ivana Trump Comes on Board

Yaqara Group Limited (YGL) has made a market announcement regarding "Australian Development Company with Ivana Trump to Secure Interest in Yaqara Group and Develop two Hotels in Yaqara City".

YGL further announced that the proposed convertible notes rights issue will not proceed as announced on 25th October 2006. The announcement made by YGL can be viewed at the following link: http://www.spse.com.fj/uploads/ygl-spse__announcement_ygl-rpi__130307.pdf

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