OREANDA-NEWS. February 01, 2011. Further to the announcement made by the Company on 28 January 2011 and the Solicitation Statements posted to the Noteholders and the Warrantholders on 17 December 2010 (the "Solicitation Statements"), the Board of Directors of the Company is pleased to announce that the settlement and crediting of DIs to the CREST accounts of Noteholders and Warrantholders who confirmed that they were eligible to receive DIs in exchange for their Notes or Warrants (as the case may be) by the First Expiration Date, has been completed.

Noteholders and Warrantholders who confirmed that they are ineligible to receive DIs by the First Expiration Date will receive payment of the Cash Settlement Amount to which they are entitled from the sale of DIs within the First DI Instalment as soon as reasonably practicable following the completion of the relevant sale.

The Company will provide further updates as and when appropriate.

Unless otherwise defined herein and unless the context otherwise requires, capitalised terms used in this Notice shall bear the meanings given to them in the Solicitation Statements.