Update on sale of NDM stake

2nd Feb 2007 10:29

Galahad Gold Plc02 February 2007 Galahad Gold plc (Galahad) Update on the sale of NDM shareholding to the affiliate of Rio Tinto On 26 January 2007, Galahad entered into an agreement to sell a 10.3% stake inNDM to QIT-Fer Et Titane Inc, an affiliate of Rio Tinto plc. To allow sufficienttime for the mechanics of the transaction settlement the parties have agreedthat the completion of this sale is now expected to take place on or before 6February 2007. Enquiries to: GALAHAD GOLD plcAnna Rebollini Tel: +44 (0)20 7408 2002 PARKGREEN COMMUNICATIONSCathy Malins/Annabel Leather Tel: +44 (0)20 7581 7480 DRESDNER KLEINWORTChris Treneman Tel: +44 (0)20 7623 8000 This information is provided by RNS The company news service from the London Stock Exchange

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Related Shares:

Rio Tinto