Cancellation of Share Premium

22nd Aug 2007 11:09

Metro Baltic Horizons PLC22 August 2007 Metro Baltic Horizons Plc Cancellation of Share Premium Account Metro Baltic Horizons PLC ("the Company"), announces that the High Court ofJustice of the Isle of Man has permitted the amount standing to the credit ofthe share premium account of the Company to be cancelled and that the sumsarising from such cancellation be credited to the Company's distributablereserves. --ENDS-- Further information, please contact: Cynthia Edwards Tel: +44 (0) 1624 681381IOMA Fund & Investment Management Ltd This information is provided by RNS The company news service from the London Stock Exchange

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