First results from project

Watermark Global PLC
15 April 2008



                              Watermark Global plc

                         ('Watermark' or 'the Company')

   Above expected first results from the Water Project for Western Utilities
                                  Corporation



15 April 2008

The Directors of Watermark are pleased to announce the first results, from the
Council for Scientific & Industrial Research ('CSIR') pilot water plant, by its
wholly-owned subsidiary, Western Utilities Corporation (Pty) Ltd ('WUC').  The
pilot plant has now been operating for a month and results from the plant are
extremely encouraging and well within expected results.

The purpose of the pilot plant is two-fold, namely proof of the Company's
concept and secondly, verification of mass balances, including by-products
generated by the process that will form part of the commercialisation phase and
could generate additional revenue. Although detailed mass balances are not yet
available, this requires a further two to three month operational period of the
plant.  Chemical analysis of the water indicates that the Acid Mine water can be
effectively treated through the CSIR process.  The South African National
Accreditation System ('SANAS') standard for industrial quality (SANAS class two)
and the current results achieved are depicted in the table below:


Criteria                                         SANAS Class II        Feed Water         Product Water
                                                 Specification

pH                                                    4-10                3.35                 7.9
Total Alkalinity (TAlk)      mg/l as CaCO3          No Spec                 0                  140
Aluminium (Al)                    mg/l                0.5                 2.97                 0.01
Sodium (Na)                       mg/l                400                 46.5                 53.2
Potassium (K)                     mg/l                100                  4.4                 4.8
Calcium (Ca)                      mg/l                300                  205                  75
Magnesium (Mg)                    mg/l                100                 124.6                0.98
Total Iron (Fe)                   mg/l                 2                   182                 0.3
Manganese (Mn)                    mg/l                 1                  63.7                 0.09
Sulphate (SO4)                    mg/l                600                 1910                  90
Chloride (Cl)                     mg/l                600                 44.5                 49.5
Fluoride (F)                      mg/l                 5                   5.4                 0.07
Silicon (Si)                      mg/l              No Spec                11                  0.45



The Directors are encouraged by the results and expect to provide further
updates on the mass balances,  operating and capital requirements for the
construction of a 75 megalitre (per day) plant which has the potential to be
expanded to 200 megalitre per day.



Enquiries

Dirk Kotze, Watermark Global plc                     [phone]

Ian Soanes / Elizabeth Bowman, Cenkos Securities     [phone]

Charles Zorab, Investor Relations                    [phone]



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