Shares of the company are listed on the Montreal Exchange under the symbol FOX.

This dividend will be payable on Feb. 26, 1996.

Le Groupe Forex Inc. is a company specialized in the manufacture of lumber and oriented structural boards (OSB). It is also active in the field of aeronautics, air transport and in the marketing of forest products.

CONTACT: Le Groupe Forex Inc.

The reserves had dropped close to $1.2 billion in November when Bangladesh Bank, the central bank, suffered pressure from routine overseas payments and import bills.

Although the reserve position still is lower than the average three-month import bill, ‘’It’s relatively comfortable compared to the previous position,'’ a central bank official said.

posted by Administrator at 3:59 am & filed under Dollars |