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September 30, 1998

COMPANY RESULT: XAAR PLC

By CBR Staff Writer

XAAR plc, the Cambridge, UK ink jet printing technology company, reported net losses for the six months to June 30 which increased from 1.1m pounds to 2.1m pounds on revenues that declined 7.5% to 542,000 pounds. The net loss per share is up from 2.8 pence to 4.2 pence.

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