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Exercise of Options

14th Jun 2007 10:20

Albidon Limited14 June 2007 Level 1 62 Colin St West Perth 6005ALBIDON LTD Western Australia ARBN 107 288 755 Tel: +61x8x9211 4600 Fax: +61x8x9211 4699 Email: [email protected] ASX Code: ALB AIM Code: ALD 14 June 2007 Market release via electronic lodgement EXERCISE OF OPTIONS The Company advises that it has today issued 1,250,000 ordinary shares followingthe exercise of 1,250,000 options exercisable at 60 cents each to raiseAUD$675,000. The Company notes that following the exercise of 500,000 options each Mr DonalWindrim now holds 7,500,000 shares and Mr Chris De Guingand holds 550,000Shares. By order of the BoardAlbidon Limited If you have any queries please contact the CFO, Nicholas Day on +61 8 9211 4600. Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 94802500. This information is provided by RNS The company news service from the London Stock Exchange

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