``The West Indies Cricket Board (WICB) and members of the West Indies Players' Association (WIPA) have reached agreement on terms that will allow the team's tour of South Africa to proceed.

After lengthy talks between players and officials at a Heathrow hotel over the past two days, both sides acknowledged that the dispute originally stemmed from a misunderstanding between the two parties.

All issues related to fees and conditions for the South African tour have been resolved between the two parties.

Mr. Lara and Mr. Hooper have been reinstated as captain and vice-captain, respectively, and will fly out to South Africa with the rest of the team tonight. No disciplinary action will be taken against any of the players.

The first match will now take place in Soweto on Wednesday; the original match against Nicky Oppenheimer's XI in Midrand (scheduled for Tuesday) has been postponed.

The agreement between the WICB and WIPA covers a number of issues:

• Reaffirmation of WICB's recognition of WIPA's representative role;

• WICB and WIPA will work closely in a joint marketing programme from which all funding raised will be shared between the players and the WICB;

• The WICB retainer initiative will be reintroduced as soon as practicable;

• WICB will take all practical steps to improve remuneration of players on future tours;

• WICB will review current insurance cover to ensure adequacy;

• WICB will consider and review the grievance and disciplinary code and all procedures, including appeals.

The WICB and WIPA are satisfied with their agreement, which was reached in a spirit of compromise against a background of international concern.

Both parties recognise the historical and social significance of the South Africa tour and appreciate the high expectations of everyone in the Caribbean, South Africa and around the world.

The WICB and WIPA would like to acknowledge the constructive support received from President Mandela and the Caribbean governments towards achieving an amicable and mutually satisfactory resolution to this dispute.''