FIJI'S GOVERNMENT TO SELL SOME OF ITS SHARES

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IN NATIONAL BANK

SUVA, Fiji (June 19, 1998 - Radio Australia)---The Fiji government says it will sell some of its shares in the National Bank of Fiji.

The Bank, which was recently corporatized, will be run as a fully commercial operation effective in September.

The Government will continue to be the Bank's majority share-holder, and the Finance Ministry will control the share-holding structure.

Shares will be available to the public.

The National Bank of Fiji came close to collapse three years ago, but has since been re-structured and bailed out by the Government.

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