Miscellaneous - Banking and Custodian Facilities

GEIGER COUNTER LIMITED




23 October, 2009


CREDIT SUISSE SECURITIES (EUROPE) LIMITED REPLACES ALLIED IRISH BANK
PLC AS PRIMARY SOURCE OF FINANCE

The Directors are pleased to announce that, with immediate effect,
Geiger Counter Limited has entered into a finance agreement with
Credit Suisse Securities (Europe) Limited ("Credit Suisse").
Credit Suisse has agreed to replace the Company's existing £5m loan
facility with Allied Irish Bank plc, the cost of which is LIBOR +
2.5%, with a flexible facility which will allow gearing to be put in
place at a cost of LIBOR + 1.75%.
Under the terms of this agreement Credit Suisse Securities (Europe)
Limited will also provide Geiger Counter Limited with the following
services:
*          Execution of transactions
*          Clearance and settlement
*          Custody of investments and cash
The Chairman, George Baird, said:  "At a time of great excitement in
the uranium market this is a most positive development, which
enhances shareholders' prospects."

Enquiries:
Phil Brown: (Tel: [phone])
Richard Lockwood:  (Tel: [phone]).

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