New Brit. Palm Regulatory News (NBPO)

15 December 2011

New Britain Palm Oil Limited

APPOINTMENT OF JOINT BROKER

New Britain Palm Oil Limited (LSE: NBPO), one of the world's largest fully integrated producers of sustainable palm oil, is pleased to announce today the appointment of Deutsche Bank AG as joint corporate broker alongside Liberum Capital, its existing corporate broker, with immediate effect.

Enquiries:

Website: www.nbpol.com.pg

Notes to editors:

NBPOL is a large scale integrated industrial producer of sustainable palm oil in Australasia, headquartered in Papua New Guinea ("PNG"). It now has over 75,000 hectares of planted oil palm estates, a further 5,000 hectares under preparation for oil palm, over 8,000 hectares of sugar cane and a further 9,500 hectares of grazing pasture (some of which will be converted to oil palm in due course); eleven oil mills; two refineries, one in PNG, and one in Liverpool, UK; and a seed production and plant breeding facility.  The Company is quoted on both the Main Market of the London Stock Exchange and on the Port Moresby Stock Exchange in PNG.

NBPOL is fully vertically integrated, producing its own seed (which it also sells globally), planting, cultivating and harvesting its own land, and processing and refining palm oil (both in PNG and the UK). It also contracts directly with its end customers in the EU and arranges shipping of its products.

NBPOL has high regard for the importance of its sustainability credentials and is active in proving its performance through its certification to ISO 14001 and its close involvement and support of the Roundtable on Sustainable Palm Oil (RSPO). The Company is a certified supplier of sustainable palm oil from the entire production base in West New Britain Province, at RAIL in PNG, and its entire Solomon Islands estate, under the RSPO guidelines.

In September 2011, the World Economic Forum (WEF) identified New Britain Palm Oil Limited as one of 16 out of a study of 1,000 companies from across the developing world that are best showing how to grow profits at the same time as actively tackling environmental and social challenges. Describing NBPOL, the WEF report says that "the company has developed new ways to engage small farmers, who provide one-third of the company's supply. These close ties have not only helped to reduce poverty, but also enabled the company to develop one of the world's first fully traceable palm oil supply chains."

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