Amsterdam, 10 July 2009

Majority shareholder in NWR reorganises its holding structure

New World Resources N.V. ('NWR'), Central Europe's leading hard coal producer, announces that it has been informed by RPG Partners Limited ('RPG Partners'), its majority indirect shareholder as follows: 

• Further to the announcement of 1 May 2009, the completion of the agreement between, amongst others, RPG Industries SE (an indirect subsidiary of RPG Partners), RPG Partners, American Metals & Coal International, Inc. ('AMCI') and First Reserve Corporation ('First Reserve'), under which AMCI and First Reserve disposed of their shares in RPGI. As a result of the disposal, AMCI and First Reserve no longer have any interest in RPGI, which is now wholly owned indirectly by RPG Partners; and

• Following the completion of the disposal, RPGI transferred its 168,274,654 A shares in NWR (representing approximately 63.72% of the issued ordinary A shares and approximately 63.72% of the voting rights of the issued ordinary A shares) to its wholly owned subsidiary, BXR Mining B.V. ('BXRM').

Notwithstanding the changes to the structure detailed above, RPG Partners continues to have an interest in the same number of A shares in NWR as before, but does so indirectly through Bakala Crossroads Group Limited (a wholly owned subsidiary of RPG Partners) ('BXRG'), RPGI and BXRM.

It is intended that, in due course, RPG Partners will become a wholly owned subsidiary of BXRG, which will be owned jointly by the Crossroads Capital Investments Inc. Group ('CCII') and Zdenek Bakala (in materially the same proportions as RPG Partners is presently jointly owned by the CCII and Zdenek Bakala). At that point it is anticipated that BXRG will replace RPG Partners for the purposes of reporting the interest in the A shares in NWR presently held by BXRM.

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For further information please contact:

New World Resources N.V.

Investor Relations

Tel: +31 20 570 2270

Email: ir@nwrgroup.eu

Website:  www.newworldresources.eu