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Friday 20 April, 2007

AIM

Schedule 1 - Novera Energy

AIM
20 April 2007


 ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE 
                 WITH RULE 2 OF THE AIM RULES FOR COMPANIES ('AIM RULES')

COMPANY NAME:
Novera Energy plc

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :
30 Bedford Street
London
WC2E 9ED

COUNTRY OF INCORPORATION:
England and Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
www.noveraenergy.com  This is currently the website of Novera Energy Limited, which is an Australian company
whose shares are traded on AIM. Following the scheme of arrangement referred to below, this will become the
website of Novera Energy plc. Until the scheme of arrangement has been implemented, all information relating to
Novera Energy plc equivalent to that required for an AIM admission document which is not currently available will
be available at www.noveraenergy.com/home/key_information_redomicile.php

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTING STRATEGY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE
STATED:

Novera Energy Limited is an independent renewable energy developer which has a portfolio of landfill gas, hydro
and wind assets focused on the UK.



Novera Energy plc is party to a scheme of arrangement under the terms of which shareholders will be asked to
approve a share for share exchange with Novera Energy Limited.  Following the implementation of the scheme of
arrangement, which is conditional on shareholder approval and the approval of the Supreme Court of the State of
Victoria in Australia, Novera Energy Limited will become a wholly-owned subsidiary of Novera Energy plc and its
shareholders will be allotted shares in Novera Energy plc.  Novera Energy Limited will cancel its admission to
trading on AIM and Novera Energy plc will apply for admission of its ordinary shares to trading on AIM.  In
effect, the proposed transaction is a redomicile of Novera Energy group of companies to the UK.


DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where
known, number and type of shares, nominal value and issue price to which it seeks admission and the number and
type to be held as treasury shares):
123,957,780 ordinary shares of 5 pence each

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:
N/A

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
As at the date of this notification, and as far as the directors are aware, the percentage of AIM Securities not
in public hands at Admission will be 24.65 per cent.

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE
COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known
or including any other name by which each is known):
David Stephen Fitzsimmons(executive director)

Rory John Quinlan (executive director)

Roy Alexander Franklin (non-executive director and Chairman)

It is proposed that two additional non-executive directors will be appointed to the board of Novera Energy plc
prior to Admission.

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE
AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each
is known):


David Stephen Fitzsimmons - 50% before Admission, 0.47% after Admission;

Rory John Quinlan - 50% before Admission, 0.01% after Admission,



and



As at the date of this notification, and as far as the directors are aware, the full names and holdings of
significant shareholders before and after admission will be:



Kairos Investment Management - 11.10%

Bennelong Group - 9.54%

UBS market makers - 7.73%

UBS Wealth Management (UK) - 6.59%

Deutsche Bank - 5.60%

ABN Amro market makers - 5.19%

Morley Fund management - 5.01%

Tudor Investments - 4.86%
NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
N/A

(i)                  ANTICIPATED ACCOUNTING REFERENCE DATE

(ii)                DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED

(iii)               DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:
(i)                  31 December

(ii)                N/A

(iii)               Half yearly report for the period ending 30 June 2007 to be published by 30 September 2007

(iv)              Annual audited accounts for the year ending 31 December 2007 to be published by 30 June 2008

(v)                Half yearly report for the period ending 30 June 2008 to be published by 30 September 2008



EXPECTED ADMISSION DATE:
29 May 2007

NAME AND ADDRESS OF NOMINATED ADVISER:
Oriel Securities Limited
125 Wood Street
London EC 2V 7AN

NAME AND ADDRESS OF BROKER:
Oriel Securities Limited
125 Wood Street
London EC 2V 7AN

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION
DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE
ADMISSION OF ITS SECURITIES:

N/A

DATE OF NOTIFICATION:
20 April 2007

NEW/ UPDATE:
New

QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

As outlined above, Novera Energy plc is party to a scheme of arrangement with Novera Energy Limited, the latter
being a company whose shares are currently admitted for trading on AIM.  Novera Energy plc's application for
admission to trading on AIM will be treated as a 'Fast Track' application.  Therefore, some of the information in
this announcement refers to Novera Energy Limited.

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:
AIM (as regards Novera Energy Limited)

THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:
10 June 2005 (as regards Novera Energy Limited)

CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY
REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET OR DETAILS OF WHERE THERE HAS BEEN ANY
BREACH:

Novera Energy Limited confirms, having made due and careful enquiry, that as at the date hereof, Novera Energy
Limited has adhered to the legal and regulatory requirements involved in having its securities traded upon AIM.

AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE
LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:

www.noveraenergy.com/home/key_information_announcements_presentations.php (as regards Novera Energy Limited)
DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS
OF ITS INVESTING STRATEGY:

The strategy of Novera Energy plc is to continue to create value through focusing on UK renewable power
generation specifically in the landfill gas, wind and energy from waste sectors. The company has a strong
pipeline of development projects that is expected  to provide growth in future years.

A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED
SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:

There has been no significant change in the financial or trading position of Novera Energy plc or of Novera
Energy Limited since the end of the last financial period for which audited statements have been published, being
31 December 2006.

A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TO
IT OR ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:

The Directors of Novera Energy plc have no reason to believe that the working capital available to Novera Energy
plc or its group will be insufficient for at least twelve months from the date of its Admission.

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:

None

A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:

Settlement will be through CREST or in certificated form

A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:

www.noveraenergy.com Until the scheme of arrangement has been implemented, this information will be available at
www.noveraenergy.com/home/key_information_redomicile.php. After the scheme of arrangement has been implemented,
this information will be available at www.noveraenergy.com/home/key_information_announcements_presentations.php.

INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:

As set out in the Appendix to this announcement, this information is available at www.noveraenergy.com/home/
key_information_redomicile.php

A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A
FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION AND INTERIM RESULTS WHERE APPLICABLE.  THE
ACCOUNTS MUST BE PREPARED IN ACCORDANCE WITH ACCOUNTING STANDARDS PERMISSIBLE UNDER AIM RULE 19:
www.noveraenergy.com.  Until the scheme of arrangement has been implemented, Novera Energy Limited's annual
report for the financial year ended 31 December 2006 will be available at www.noveraenergy.com/home/
key_information_redomicile.php.  After the scheme of arrangement has been implemented, this information will be
available at www.noveraenergy.com/home/key_information_annual_reports.php.
THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY:
None










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