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D1 Oils Plc (NEOS)

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Thursday 30 November, 2006

D1 Oils Plc

Results of Placing

D1 Oils Plc
30 November 2006


  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF
                      AMERICA, AUSTRALIA, CANADA OR JAPAN


D1 Oils plc
30 November 2006



                                  D1 Oils plc


  Completion of the Placing of 29,484,848 New Ordinary Shares at 165 pence per
                          share to raise £48.7 million


Further to today's earlier announcement regarding the placing of up to
35,151,515 new Ordinary Shares, the Board of D1 Oils plc (D1) announces that it
has completed the placing of 29,484,848 new Ordinary Shares at a price of 165
pence per share to existing shareholders and other investors, raising £48.7
million.


In addition, the Company has granted an over-allotment option in respect of up
to an additional 5,666,667 new Ordinary Shares.


The Placing (including the issue of up to 5,666,667 new Ordinary Shares pursuant
to the over-allotment option) is subject to shareholder approval at an
Extraordinary General Meeting to be held on 28 December 2006.



Contact:


D1 Oils

Graham Prince, Head of Corporate Communications

Tel:    +44 (0) 1642 755580

Mobile: +44 (0) 7973 323840


Brunswick Group

Mark Antelme

Tel:   +44 (0) 20 7404 5959


Dresdner Kleinwort


David Hutchison
Michael Covington

Tel:  +44 (0) 20 7623 8000



Notes to Editors

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
andbiodiesel. Our vision is to be the world's leading biodiesel business.



This announcement does not constitute an offer to sell or an invitation to
subscribe for, or the solicitation of an offer to buy or to subscribe for,
Ordinary Shares in any jurisdiction in which such an offer or solicitation is
unlawful and is not for distribution in or into Canada, Japan, the United States
or Australia (the 'Prohibited Territories'). The Ordinary Shares have not been
and will not be registered under the United States Securities Act of 1933 (as
amended) or under the applicable securities laws of any state in the United
States or any Prohibited Territory and, unless an exemption under such Acts or
laws is available, may not be offered for sale or subscription or sold or
subscribed directly or indirectly within the Prohibited Territories or for the
account or benefit of any national, resident or citizen of the Prohibited
Territories. The distribution of this announcement in other jurisdictions may be
restricted by law and therefore persons into whose possession this announcement
comes should inform themselves about and observe any such restrictions. Any
failure to comply with these restrictions may constitute a violation of the
securities laws of such jurisdictions.


The contents of this announcement are not to be construed as legal, financial or
tax advice. If necessary, each recipient of this announcement should consult
his, her or its own legal adviser, financial adviser or tax adviser for legal,
financial or tax advice.


Dresdner Kleinwort Limited and Dresdner Kleinwort Securities Limited, who are
authorised and regulated by the Financial Services Authority, and Dresdner Bank
AG, London Branch, which is authorised by BAFin and by the Financial Services
Authority and which is regulated by the Financial Services Authority for the
conduct of designated investment business in the United Kingdom, are acting for
D1 Oils and for no one else in connection with the Placing and will not be
responsible to anyone other than D1 Oils for providing the protections afforded
to customers of Dresdner Kleinwort Limited, Dresdner Kleinwort Securities
Limited and Dresdner Bank AG, London Branch, or for affording advice in relation
to the Placing or any other matters referred to herein. The responsibilities of
Dresdner Kleinwort Limited, as nominated adviser under the AIM Rules, are owed
solely to the London Stock Exchange and are not owed to the Company or to any of
the Directors.


No representation or warranty, express or implied, is made by Dresdner Kleinwort
Limited, Dresdner Kleinwort Securities Limited or Dresdner Bank AG, London
Branch as to any of the contents of this announcement for which the directors of
D1 Oils are solely responsible. This announcement contains certain statements
that are or may be forward-looking. These statements typically contain words
such as ''intends'', ''expects'', ''anticipates'', ''estimates'' and words of
similar import. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future and therefore undue reliance should not be placed on such
forward-looking statements. Forward-looking statements speak only as of the date
they are made and the Company undertakes no obligation to update publicly any of
them in light of new information or future events except as required by the AIM
Rules. There are a number of factors that could cause actual results and
developments to differ materially from those expressed or implied by such
forward-looking statements.


THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT HAVE NOT BEEN REGISTERED WITH,
RECOMMENDED, APPROVED OR DISAPPROVED BY ANY UNITED STATES FEDERAL OR STATE
SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING
AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS
ANNOUNCEMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE
UNITED STATES.







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