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D1 Oils Plc (NEOS)

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Tuesday 18 July, 2006

D1 Oils Plc

Acquisition of Shares

D1 Oils Plc
18 July 2006




18 July, 2006

                      Acquisition of Shares in Subsidiary


D1 Oils plc ('D1'), the UK-based global producer of biodiesel, has agreed to
acquire through its subsidiary, D1 Oils Trading Limited ('D1 Oils Trading'), 20
shares in its Southern African subsidiary, D1 Oils South Africa (Pty) Limited,
representing 20% of the issued shares in that company. The transaction has been
undertaken to regularise the holding in the subsidiary and bring D1's total
holding to 95%. The consideration for the acquisition of the 20 shares is the
issue to the vendors of 40,000 new ordinary shares in D1 (the 'Consideration
Shares'). The Consideration Shares are the subject of contractual orderly
marketing arrangements agreed with the vendors.

The 40,000 ordinary shares have been allotted and will rank pari passu in all
respects with the existing issued Ordinary Shares in the Company. Application
has been made to the London Stock Exchange for these shares to be quoted on AIM
and it is expected that dealings will commence on 21 July 2006


Contacts:

D1 Oils:

Graham Prince, Communications Director
Tel: +44 (0) 1642-755580
Mobile: +44 (0) 7973 323840


Brunswick Group:

Mark Antelme
Tel: +44 (0) 20 7404 5959


Notes to Editors

D1 Oils plc

D1 Oils plc is a UK-based global producer of biodiesel. We are building a global
supply chain and network that is sustainable and delivers value from
'earth-to-engine'. Our operations cover agronomy, refining and trading. We are
pioneering the science, planting and production of inedible vegetable oils; we
design, build, own, operate and market biodiesel refineries; and we source,
transport and trade seeds and seedlings, seedcake, crude vegetable oils and
biodiesel. Our vision is to be the world's leading biodiesel business.



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