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In Brief 2: FIAT output rockets 28%; Kolporter; CSFB on FT's TPSA shares

For the first time in history, FIAT became the leader in the delivery vans sector with sales of 3,700 vehicles. (Rzeczpospolita, p. B1) ... Kolporter, the largest private press distributor, expects its 2004 revenues to grow by 15%, and its profits by 50%. In 2003 the company posted sales of zł. 1.85 billion, which was 23% up on 2002. However, its profits decreased by zł. 3.2 million to zł. 9.8 million. (Rzeczpospolita, p. B4) .... According to the opinion of CS First Boston, France Telecom has to first carry out the option to purchase a 13.57% stake in TPSA from Kulczyk Holding and then buy 3.5% of stock from the State in order to avoid announcing a call for shares. (Rzeczpospolita, p. B4) M.M.

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