Statement re Broadening of Investment Objectives

RNS Announcement

For Immediate Release

Geiger Counter Limited ('the Company')

On the 6th April 2010 the Directors of the Company approved a recommendation
from the Investment Adviser to broaden the investment objective so that up to
30% of gross assets may be invested in other resource related companies.

The current Investment Objective of the Company as stated in the most recent
issue of the Prospectus was:

"The Company is being established to invest in the securities of companies
involved in exploration, development and production of energy both existing and
alternative supplies and types of energy including, but not limited to shares,
convertibles, fixed income securities and warrants"

The new Investment Objective of the Company will be:

"The Investment Objective of the Company is to provide investors with the
potential for capital growth through investment primarily in the securities of
companies involved in exploration, development and production of energy. The
main focus of the Company is on companies involved in the Uranium industry but
up to 30% of assets may be invested in other resource related companies"

The new investment objective will take effect from the 19th April 2010.

For further information please contact:

Adam Cooke
New City Investment Managers Limited
Telephone number: [phone]
Email: [e-mail]

Phil Brown
Geiger Counter Limited
Telephone number: [phone]
Email: [e-mail]



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