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BRIEF-Shaft Sinker says Eurochem claim has no merit

LONDON, Oct 5 (Reuters) - Shaft Sinkers Holdings PLC :

* Sinker - notes that eurochem has filed a claim against Shaft Sinkers Ltd in

relation to co's project with eurochem

* Not got notification of arbitration claims but believes that any such claims

are without merit

* Finalising its claims against eurochem arising out of the termination of the

contract

((London Equities Newsroom; +44 20 7542 7717))

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