NSW: Leading stories in Sydney newspapers = 4

AAP General News (Australia)
04-07-1999
NSW: Leading stories in Sydney newspapers = 4

THE FINANCIAL REVIEW:

Page 1: Australia privately questions NATO strategy, but maintains public support;
Australia's share market closes above 3,000 points for first time after surge in News Corp
shares.

Page 2: Three Japanese residents launch legal action against Juan Antonio Samaranch to
recover public money spent on Nagano Winter Olympic bid.

Page 3: Pensioners and self-funding retirees substantially worse off under federal
government's tax package; States request increased federal funding for illicit drugs ahead of
Premier's conference; Laurie Connell's trustee believes his widow is using similar tactics to
late husband to defend Supreme Court claim.

WORLD: Europe's biggest forced migration since World War Two throws NATO countries into
confusion; US President Bill Clinton demands right of return for refugees; US vice-president
Al Gore finds going rough in Silicon Valley; East Timor resistance leader Sanana Gusmao wants
UN peacekeepers.

COMPANIES: Shares in ERG jump 10 per cent as it adds a Singapore contract to wave of recent
positive developments; Southcorp Ltd's troubled water heater business in US improves
profitability; Wesfi board rejects takeover bid lodged by 23 per cent shareholder Bristile
Ltd.

MARKETS: Stock trading over Internet in US climbs to 35 per cent in first three months of
year; Fresh optimism that central bank will cut official interest rates fuels rally in bonds;
Gold and silver prices fall.

AAP knr/sco

KEYWORD: FRONTERS NSW 4 SYDNEY

1999 AAP Information Services Pty Limited (AAP) or its Licensors.