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Result of EGM and AGM

1st Oct 2007 14:45

Ragusa Capital PLC01 October 2007 1 October 2007 Ragusa Capital plc ("Ragusa" or "the Company") Results of Shareholder Meetings At its Extraordinary General Meeting today, the Company received approval fromits shareholders to all resolutions put to the meeting including in connectionwith its acquisition of certain assets in Argentina, issue of new shares andchange of name to Andes Energia plc. Consequently, application has been made for the new shares to be admitted totrading on AIM which is expected to occur at 8.00am tomorrow, 2 October 2007 atwhich time dealings will commence in the enlarged share capital in the name ofAndes Energia plc (AIM:AEN.L). As set out in the Re-admission Document dated 7 September 2007, followingre-admission Argentinean individuals and corporations will be interested in, inaggregate, at least 60.05 per cent. of the enlarged share capital of AndesEnergia plc. In addition, the Company confirms that at the Company's Annual General Meetingheld earlier today, all resolutions were duly passed. Enquiries: Ragusa Capital plc Lance O'Neill, Chairman T: 020 7495 5326 Nigel Duxbury, Finance Director Arbuthnot Securities James Steel T: 020 7012 2000 Antonio Bossi Bishopsgate Maxine Barnes T: 020 7562 3350Communications Nick RomeLimited This information is provided by RNS The company news service from the London Stock Exchange

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