May 3 (Reuters) - Papyrus Australia Ltd PPY.AX :
* PAPYRUS AUSTRALIA - CONCLUDED NEGOTIATIONS WITH EGYPT BANANA FIBRE COMPANY (EBFC) FOR TRANSFER TO EBFC OF CO'S HALF INTEREST IN PAPYRUS EGYPT
* PAPYRUS AUSTRALIA - CONCLUDED NEGOTIATIONS WITH EGYPT BANANA FIBRE CO IN CONSIDERATION THE SIGNING OF "EXCLUSIVE FOR EGYPT" IP LICENSING AGREEMENT