Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

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HOW WE USE INFORMATION

We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

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We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

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CONTACT

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Ambrian Capital PLC (AMBR)

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Wednesday 13 June, 2007

Ambrian Capital PLC

Sale of Assets to Palladex

Ambrian Capital PLC
13 June 2007

                              Ambrian Capital PLC

          Update on Sale of Exploration Subsidiary to Palladex Plc

Ambrian Capital plc ('Ambrian') today announces that it has signed an Agreement
to sell the entire issued share capital of its exploration subsidiary, Golden
Prospect Mining Company Limited ('GMPC') in exchange for 44,500,000 shares to be
issued at six pence per share, in Palladex Plc ('Palladex').

GPMC either itself, or through subsidiaries, holds the following assets:

  • a 51% interest in Yubdo Platinum and Gold Development PLC; management of a
    platinum and gold mining operation and 100% of (a) three exploration
    licences and (b) two prospecting licences for gold and platinum in Ethiopia
    and;

  • exploration projects, through joint ventures, for platinum, gold and
    diamonds in Sierra Leone

As the transaction constitutes a reverse take-over under the AIM rules, the
completion of the transaction is conditional upon the approval of the
acquisition by the shareholders of Palladex at an Extraordinary General Meeting
scheduled to be held on 9 July 2007.  At that meeting it is intended that
Palladex will change its name to Minerva Resources plc ('Minerva') and following
that meeting Ambrian will hold 39.82% of the enlarged share capital.

Ambrian looks forward to supporting Minerva in its future growth.

Below are highlights of the announcement made by Palladex today.


Enquiries

Nathan Steinberg                                       Tel: +44 (0)20 7845 7500
Finance Director, Ambrian Capital plc

Simon Atkinson                                         Tel: +44 (0) 20 7523 8306
Collins Stewart Europe

Louise Goodeve / Justine Howarth                       Tel: +44 (0) 20 7851 7480
Parkgreen Communications


Ambrian Capital plc, formerly Golden Prospect plc, is an independent investment
bank quoted on the Alternative Investment Market of the London Stock Exchange
(Ticker: AMBR) which has three wholly-owned subsidiaries: Ambrian Partners
Limited, a corporate finance advisor and stockbroker; Ambrian Commodities
Limited, an Associate Member of The London Metal Exchange and a broker-dealer of
LME traded metals, precious metals, carbon credits and soft commodities; and
Ambrian Asset Management Limited, a specialist investment management business.
Further information about the Group is available on Ambrian Capital's website:
www.ambrian.com





                                  Palladex Plc

         Proposed acquisition of Golden Prospect Mining Company Limited
              Proposed acquisition of Ethiopian Resources Limited
 Approval of waiver of the obligation to make a mandatory offer under Rule 9 of
                     the City Code on Takeovers and Mergers
                Proposed Change of Name to Minerva Resources Plc
                      Application for re-admission to AIM
                    Notice of Extraordinary General Meeting


Highlights

•         Admission document published and shares resume trading today
•         Proposed name change to Minerva Resources Plc
•         Proposed focus on gold and platinum in Ethiopia

Palladex Plc (AIM: PLX) ('Palladex' or 'the Company') today announces that it
has posted its re-admission document ('the Document'), in connection with the
proposed acquisition of Golden Prospect Mining Company Limited ('GPMC') and the
proposed acquisition of Ethiopian Resources Limited ('ERL').

In conjunction with the acquisitions, Palladex proposes to change its name to
Minerva Resources Plc.

The acquisitions constitute a reverse takeover under the AIM rules and
completion of the acquisitions is conditional upon, inter alia, both the
approval of the acquisitions by shareholders in an Extraordinary General Meeting
(EGM).

The acquisitions mark a change in the strategic focus of the company, from
Central Asia to Africa. The focus will be the further development of the Yubdo
platinum mine and resource delineation of the gold exploration projects in
Ethiopia, supported by drilling services currently in Kyrgyzstan. The assets in
Sierra Leone will largely continue to be developed by the existing Joint Venture
partners.

Palladex CEO, Merlin Marr-Johnson said, 'The proposed merger with Golden
Prospect Mining Company Limited and Ethiopian Resources Limited represents a
hugely positive step for the Company.  Our immediate goal after the EGM is to
increase output at the Yubdo Platinum Mine and rapidly advance resource drilling
at two of the gold prospects nearby in Ethiopia. We are confident the assets
brought together in the new company, Minerva Resources plc, will enhance
shareholder value.'

The Company's shares will resume trading concurrently with this announcement.




                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                                                                                       

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