SINGAPORE, Oct. 16 /Xinhua-PRNewswire/ -- The Board of Directors ("Board") of Pacific Internet Limited ("PacNet") refers to the announcement made by PacNet on October 12, 2006 with regard to the convening of an extraordinary general meeting ("EGM") to be held on November 7, 2006 at 3 p.m. (Singapore time).
The Board wishes to announce that on October 19, 2006, the proxy statement ("Proxy Statement") setting out the recommendations of the Board (other than the nominee directors of Vantage Corporation Limited and MediaRing Ltd who did not participate in the Board's deliberations) on the resolutions to be placed before the shareholders at the EGM will be dispatched to holders of record of ordinary shares as of the close of business on September 14, 2006 (New York time).
By order of the Board Claude Roger Charles Editors' Notes
Cautionary Statement
Statements made in this press release with respect to Pacific Internet's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Pacific Internet. Forward-looking statements include but are not limited to those using words such as "seek", "expect", "anticipate", "estimate", "believe", "intend", "project", "plan", "strategy", "forecast" and similar expressions or future or conditional verbs such as "will, "would", "should", "could", "may" and "might". These statements reflect management's current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including but not limited to (i) changes in the economic, regulatory and political environments in the countries where Pacific Internet operates; (ii) changes and developments in technology and the Internet marketplace; (iii) Pacific Internet's continued ability to develop and win acceptance of its products and services, which are offered in highly competitive markets; (iv) the success of its joint ventures and alliances; (v) exchange rates, particularly between the Singapore dollar and the U.S. dollar and other currencies in which Pacific Internet makes significant sales or in which its assets and liabilities are denominated; and (vi) the outcome of contingencies. In light of the many risks and uncertainties surrounding the Internet marketplace, the actual results could differ materially from those discussed in the forward-looking statements. Pacific Internet assumes no obligation to update any such statements.
Pacific Internet Limited
