SDS Corporation Ltd

31-Jul-03 - SDS Corporation Ltd

Has signed a Heads of Agreement to acquire the shares of Dural Group Holdings Pty. Ltd., a distributor of consumables and equipment. The Heads of Agreement is conditional upon Due Diligence, financier approval, release of guarantees and finalisation of a Share Sale Agreement. The Due Diligence process is scheduled to be completed by August 31, 2003.