Listed healthcare provider, ElderCare New Zealand Limited, today announced an increase in its
twelve-month forecasts to 31 May 2003. The revised forecasts show revenues projected to
exceed $56.0 million, up from $51 million; EBITDA to improve to $8.8 million, up from $7.9 million
and NPAT to improve from $1.0 million to $1.4 million.