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Orbital Forecasts Half Year Results

19 December 2000

Orbital Forecasts Half Year Results

    PERTH, Australia, Dec. 19 Orbital Engine Corporation
today announced that the current forecast for the first half is a
loss of approximately $3 million.  This forecast anticipates, and is dependent
on, the successful completion of a number of negotiations that are shortly to
be finalized.
    Orbital is a leading international developer of engine technologies using
direct in-cylinder fuel injection and lean-burn systems for enhanced fuel
economy and lower emissions.  The company serves the worldwide automotive,
marine, recreational and motorcycle markets.  Headquartered in Perth, Western
Australia, Orbital stock is traded on the Australian Stock Exchange (OEC), the
New York Stock Exchange (OE) as well as the Berlin (ORE) and Frankfurt (OREA)
Exchanges.