Investment in Plutus PowerGen plc

PATERNOSTER RESOURCES PLC

"Paternoster" or the "Company"

Investment in Plutus PowerGen plc

Paternoster notes yesterday's announcement by Plutus PowerGen plc ("Plutus") and the fall in its share price. As previously announced, the Company holds around 49 million shares in Plutus. On the basis of the Company's average cost of investment and the current Plutus share price of 1.42 pence, this investment is currently delivering a 4.9 times return on investment.

For more information please contact:

Paternoster Resources plc:

Nicholas Lee, Chairman +44 (0) 20 7580 7576

Nominated Adviser and Joint Broker: +44 (0) 20 7601 6100

Stockdale Securities

Antonio Bossi/David Coaten

Joint Broker: +44 (0) 20 7562 3351

Peterhouse Capital Limited

Lucy Williams

PR:

Cassiopeia Services +44 (0) 7949 690338

Stefania Barbaglio