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Omnia Holdings Limited - Press Release

Release Date: 18/03/2003 12:27:01      Code(s): OMN
OMNIA HOLDINGS LIMITED - PRESS RELEASE                                          
OMNIA HOLDINGS LIMITED                                                          
Specialist chemical services Group Omnia today announced the acquisition of the 
business of Australian company HRL Agriculture (Pty) Ltd for R 4.1m (Aus$ 825   
000). The acquisition is effective from 1 February 2003 and the new company will
be called Omnia Specialities Australia (Pty) Ltd.                               
The acquisition is a significant step in Omnia"s internationalisation strategy  
and strengthens Omnia"s position in the fast growing field of speciality        
fertilizers. The acquisition will specifically enable Omnia to develop its range
of organic products, which are enjoying growing demand internationally.         
HRL Agriculture specialises in the production of humates, which act as soil     
conditioners that increase soil fertility and plant production. As such, they   
are instrumental in significantly boosting yields and profits for farmers. HRL  
has one of the most concentrated and active sources of humates in the world.    
Omnia has been one of HRL Agriculture"s biggest clients and the two entities    
already have a good working relationship.  HRL"s five staff members will be     
integrated with Omnia"s Australian office.                                      
18 March 2003                                                                   

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