BRIEF-Lippo updates on exit from project

March 10 (Reuters) - Lippo Ltd

* Co and Lippo Worldwide have exited from project and Lippo

Worldwide has disposed of its entire interest in issued shares

of LOCZ Holdings

* Deal for for an aggregate consideration of approximately

US$12.2 million

* Aggregate amount received and receivable by company and

Lippo Worldwide in respect of exit shall be approximately

US$23.5 million

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