Further re Directorate Change

White Nile Limited 09 November 2005 9 November 2005 White Nile Limited ('White Nile' or 'the Company') With regard to the news release appointing Mr. Philip Ward as Chief Operations Officer dated 7th November 2005, RNS number 7125T, the Company wishes to make the following clarification. On advice from Lundin Petroleum AB, Lundin Sudan BV was not bought out by Petronas Carigali White Nile (5B) Ltd in May 2003, as stated in the release. The assets and business of Lundin Sudan BV were acquired by Petronas Carigali White Nile (5B) Ltd in a transaction which was announced in April 2003 and completed in June 2003. Lundin Sudan BV remains an indirect, wholly-owned subsidiary of Lundin Petroleum AB. In addition, prior to the above transaction, Mr. Ward held the position of Finance/Administration Director and Commercial Manager for Lundin Sudan BV but was not on the board of directors as the title might suggest. Following the acquisition of the assets and business of Lundin Sudan BV by Petronas Carigali White Nile (5B) Ltd in June 2003, Mr Ward assumed a similar position with Petronas Carigali White Nile (5B) Ltd to that which he had held at Lundin Sudan BV. * * E N D S * * Contacts: Phil Edmonds White Nile Ltd Tel: 0845 108 6060 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange
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