Statement re. Share Price Movement

Statement re. Share Price Movement

Watermark Global

Watermark Global Plc

(“Watermark” or the “Company”)

Statement re Share Price Movement

The Board of Watermark has noted the recent significant rise in the Company’s share price and announces that they are not aware of any reason for the movement. There Company has received no further update on the situation regarding the Acid Mine Drainage (“AMD”) project being progressed by it’s wholly owned subsidiary, Western Utilities Corporation, since the announcement made on 16 December 2010.

Investor Relations	Â
Charles Zorab		Tel: + 44(0) 20 7233 1462
[e-mail]
Nominated Adviser: Cenkos Securities
Ian Soanes/Elizabeth Bowman		Tel: [phone]