Issue of Equity

27th Apr 2007 10:17

Allied Gold Limited27 April 2007 For immediate release 27 April 2007 ALLIED GOLD LIMITED ("ALLIED" OR "THE COMPANY") ISSUE OF EQUITY ADVISER OPTIONS Allied announces that it has issued 3,211,010 new ordinary shares pursuant tothe conversion of options expiring 30 June 2007. The new ordinary shares will rank pari passu with the existing ordinary sharesin issue. Application will be made for the new ordinary shares to be admitted totrading on the ASX and AIM. In addition, the Company has issued 2,040,000 $0.40 options expiring 31 August2008 to Mirabaud Securities Limited as part of the fees for their services on aplacing for the Company on 28 March 2007. For more information:Mark Caruso T:+61 8 93533638Managing Director Roland Cornish T: +44 (0) 20 7628 3396Beamont Cornish Limited This information is provided by RNS The company news service from the London Stock Exchange

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ALD.L