6th Jan 2006 13:35
D1 Oils Plc06 January 2006 January 6th 2006 D1 OILS CLARIFICATION D1 Oils (D1) wishes to clarify its position on investment in its Indianoperations to produce biodiesel from jatropha oil, following media reports. D1'sdirect investment in India is currently estimated at approximately £1.5m thisyear. Media reports of an investment of over £300 million in India relate to atotal potential investment over the next five years in the cultivation ofjatropha and the production of biodiesel through D1 related activities,including investment by joint venture and third party oil supply agreementpartners, bank loan finance for farmers facilitated by D1, National and StateGovernment support and investment by D1 itself.Contact: D1 Oils plc:Graham Prince, Head of Corporate CommunicationsTel: +44 (0) 20 7321 3892Mobile: +44 (0) 7973 323840 Brunswick Group:Helen Barnes, AssociateTel: +44 (0) 20 7404 5959 Notes to Editors: D1 Oils plc is a UK-based global producer of biodiesel from renewable energycrops. It is the owner of technical, marketing, logistical and otherintellectual property related to the establishment, development and harvestingof jatropha plantations, the extraction of oil from the harvested seed and theproduction of biodiesel and other valuable by-products from jatropha and othervegetable oils. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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