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Greenchip Investment (XEN)

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Friday 13 May, 2005

Greenchip Investment

Issue of Equity

Greenchip Investments  PLC
13 May 2005


The Company has issued 1,487,153 ordinary shares of 1p each, at par, in
satisfaction of an outstanding creditor balance. The new ordinary shares will
rank pari passu in all respects with the existing issued ordinary share capital
of the Company.

Application has been made to the London Stock Exchange for these shares to be
admitted to trading on AIM and admission to is expected to become effective on
19 May 2005.

                      This information is provided by RNS
            The company news service from the London Stock Exchange