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Stmnt re Share Price Movement

16th Nov 2005 07:01

D1 Oils Plc16 November 2005 Statement from D1 Oils EMBARGOED UNTIL 07.00 Hours16 November 2005 - London The Board of D1 Oils plc notes the recent fall in its share price and knows ofno reason for this. The Company confirms that, since the release of its interim results for theperiod to 30 June 2005 on 29 September, overall trading has been broadly in linewith Directors' expectations. The Company also confirms that it expects plantingof jatropha to be in the range of 30,000 to 40,000 hectares by the end of the2005 planting season. As previously announced, initial planting in the keymarket of India was delayed, but recent excellent monsoon rainfall mean that theplanting season in the south of India can be extended by two months to February2006 and this provides comfort that the planting target can be achieved. Additionally the Company confirms that the first four D1 20 refineries arepresently being manufactured and the expectation remains that these will bedeployed prior to 30 June 2006. Contact:D1 Oils plc:Graham Prince, Head of Corporate CommunicationsTel: +44 (0) 20 7321 3892Mobile: +44 (0) 7973 323840 Brunswick Group:Helen Barnes, AssociateTel: +44 (0) 20 7404 5959Mobile: +44 (0) 7974 982420 This information is provided by RNS The company news service from the London Stock Exchange

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