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Director/PDMR Shareholding

3rd Dec 2007 12:35

Green Dragon Gas Ltd03 December 2007 3 December 2007 GREEN DRAGON GAS LTD. ("Green Dragon" or "the Company") Randeep Grewal, a director of the Company, transferred his entire shareholdingof 90,000,000 ordinary shares in the Company (representing 95.2% of theCompany's issued share capital) to Green Dragon Gas (Holdings) Limited on 26April 2007 for no consideration. Green Dragon Gas (Holdings) Limited iswholly-owned by Greran Ltd. which is in turn wholly owned by Codan Trust CompanyLtd., the trustee of a trust of which family members of Mr. Grewal including Mr.Grewal are discretionary objects. For further information on the Company and its activities, please refer to thewebsite at www.greendragongas.com or contact: Randeep GrewalChairman and Chief Executive, Green Dragon Gas Ltd.+852 3710 0168 Tim Thompson/ Nick Melson/ Susannah GaleBuchanan Communications+ 44 (0)20 7466 5000 Dr Azhic Basirov/ David JonesSmith & Williamson Corporate Finance Limited+44 (0)20 7131 4000 This information is provided by RNS The company news service from the London Stock Exchange

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