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Appointment Corporate Advisor

22nd Apr 2008 12:16

Albidon Limited22 April 2008 Level 1 62 Colin StAlbidon limited West Perth 6005 Western Australia ARBN 107 288 755 Tel:x+61x8x9211 4600 Fax:x +61x8x9211 4699 Email: [email protected] ASX Code: ALB AIM Code: ALD 22 April 2008 APPOINTMENT OF CORPORATE ADVISOR • Albidon Limited notes media speculation about the appointment of a corporate advisor and confirms that it has engaged Royal Bank of Canada to assist the Company to assess potential corporate opportunities and progress its ongoing growth strategy. • As a significant new nickel producer with a pipeline of high quality exploration assets in Africa, Albidon is well placed to pursue an aggressive growth and development strategy. The Company believes RBC can greatly assist with the implementation of this strategy. • Albidon expects to produce first nickel concentrate at its Munali nickel project in Zambia later this month, approximately two months ahead of schedule. • Munali is expected to be one of only two new nickel sulphide mines to enter production worldwide in the first half of 2008. If you have any queries please contact the Chief Financial Officer, Nicholas Dayor Managing Director, Dale Rogers on +61 8 9211 4600 or email [email protected]. Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 9480 2500. Additional information may also be viewed on Albidon's website atwww.albidon.com This information is provided by RNS The company news service from the London Stock Exchange

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