Gippsland Limited: Resignation of Co-Broker | Company Announcements

Friday 13 February, 2009

Gippsland Limited

Resignation of Co-Broker

RNS Number : 2731N

Gippsland Limited

13 February 2009

Gippsland Limited ('Gippsland' or 'the Company')

Resignation of Joint Broker

Gippsland announces that Fox-Davies Capital Limited, its Joint Broker for the purposes of AIM Rules for Companies, has submitted its resignation as Joint Broker to the Company. The resignation will take effect on 10 March 2009.

The resignation follows and is in line with Gippsland's announcement dated 11 February 2009 that the Company plans to appoint a single London-based adviser to act both as Nominated Advisor ('Nomad') and Broker to the Company.

The Directors are cognisant of the fact that a single Nomad-Broker arrangement will afford a considerable cost saving for the Company.

RJ (Jack) Telford

Executive Chairman

Gippsland Limited

HUwww.gippslandltd.comUH

For further information, please contact:

Jack Telford

Gippsland Limited

M: +61 418 911 928

T: + 61 8 9340 6000

E: jtelford@gippslandltd.com

This information is provided by RNS

The company news service from the London Stock Exchange

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