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XAAR JOINS ICONIC BRANDS IN CELEBRATION OF UK MANUFACTURING 'Make it in Great Britain' Exhibition opens today at Science Museum Cambridge, 24th July 2012 - Xaar, the world-leading developer of inkjet technology and manufacturer of industrial inkjet printheads, today lines up alongside 38 other iconic British businesses taking part in the 'Make it in Great Britain' exhibition. The impressive display featuring leading British manufacturers at the Science Museum, London, is the culmination of the 'Make it in Great Britain' campaign launched last year by the Department for Business, Innovation and Skills. The campaign challenges outdated opinions of modern manufacturing and dispels the myth that Britain 'doesn't make anything anymore'. Xaar was chosen from hundreds of UK companies to participate in the showcase of British manufacturing. The company, whose printheads jet a variety of fluids onto a range of materials, has remained at the forefront of industrial inkjet printing technology for 20 years. Most recently Xaar's leading printhead, the Xaar 1001, has changed the face of printing in the ceramics industry worldwide.

CONT "A good example of how a project space user can use our facilities to buy themselves time to plan for the future can be seen by companies such Randall & Quilter, an insurance, service provider and underwriting management firm", says Andrew Butler, "the company took short term project space with us on 1st December 2011, whilst reviewing its office accommodation requirements within the Maidstone area. "By utilising our premises they have been able to continue with their day-to-day business and plan for their future leased premises, without the constraints of worrying about capital expenditure and communications connections. What was planned as a three month stay with us has become extended to at least nine months, and we are pleased to be able to look after them until they have secured new long-term premises." Strong demand for project space, and Serviced Office Group's ability to provide it, has helped centres such as 8-12 New Bridge Street at Blackfriars hit 100% occupancy in June , with sites such as Maidstone also now joining the 100% occupancy club. "We are seeing more and more businesses come to us with what we would view as large scale (3,000 square feet or more) project space requirements", concludes Michael Kingshott CVO, Managing Director of SVO, "not only are we satisfying these requirements, but we are beginning to work in partnership which such companies to understand their medium-to-long term needs. "In doing so, we are developing new opportunities to provide them with bespoke managed property solutions that are neither a serviced office solution nor a leased solution but a flexible hybrid of the two. Such solutions enable the client to choose who they partner with from an IT perspective and we leave them with the autonomy to choose their design and build but ultimately we will partner with them when it comes to the execution of such services." 24 July 2012

Commenting on the success of this new project win, Sales Director, Andrew Butler, said: "BT is a key partner of ours across our UK portfolio and came to us with an urgent need for space within the Lower Thames Street building. Responding quickly, we negotiated with the team at Express Newspapers and, having completed terms, we promptly delivered a bespoke managed solution for the BT team, allowing them to work alongside their neighbouring business at You View. "The turnaround from initial discussions to being able to sit down and work was less than four weeks. Being able to act quickly and deliver the solution (including IT services) to BT was a key factor in their taking space from us. The clock was ticking on a new project, and being able to have the personnel operational by early May was business critical." Following this success with BT, SVO also secured project space on the same floor for another You View business partner company, Huawei Technologies. Once again, the speed of delivery meant that the time from initial negotiations to on site delivery was less than three weeks. But Serviced Office Group's ability to respond quickly to client's project needs is not just being seen within the London market-place. The company is also seeing increasing signs of growth in its more remote locations. "Occupancy rates continue to rise across the portfolio thanks to the efforts of our centre managers to quickly respond to the needs of their prospect" adds Andrew Butler. "In Bournemouth, for example, we were able to help deliver a 24 workstation project space solution for M.L.S International College during the summer months and in doing so our occupancy in Bournemouth now sits at a healthy 96%. Once again speed to market for training rooms and a good quality of service was key to being awarded the contract." This ability to look after project space requirements is delivering medium-term letting successes for SVO:

Serviced Office Group plc (AIM: SVO) Serviced Office Group meets growing demand for project space Serviced Office Group plc ("SVO" or the "Group") is an AIM-listed provider of flexible office space and IT solutions, which operates 23 business centres, predominantly in London and the South East Serviced Office Group plc ("SVO") reports today that demand for project space within its UK business centre portfolio continues to grow, with a series of success stories over the past few months. British Telecommunications, for example, has taken occupation of 3,000 square feet of project space with SVO at its newly-opened 10 Lower Thames Street EC3 location, the headquarters of Express Newspapers.

http://www.investegate.co.uk/Article.aspx?id=201207240700133139I

Dr. Alexander Djaparidze, EDC's Chief Executive Officer, commented, "This acquisition is a strategic breakthrough for EDC as it marks our first move outside of Russia and the CIS and is an important step toward our goal of becoming a truly global drilling contractor. By acquiring rigs in Iraq EDC now has a platform for growth in the expanding Iraqi and Middle Eastern oilfield services markets."

EDC Announces Acquisition in Iraq MOSCOW, July 24, 2012 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL) the leading onshore and offshore drilling service provider in the CIS, today announces that it has acquired two onshore drilling rigs in Iraq, with a commitment to purchase a third. All three rigs are currently under contract or being tendered to international customers. To ensure uninterrupted operations, EDC intends to retain the existing management and operational staff and support facilities.

http://www.investegate.co.uk/Article.aspx?id=201207240801243357I

African Barrick Gold (LON:ABG) target priced was bumped up by heavy weight broker Deutsche Bank despite describing the miner’s second quarter results as a “little disappointing”. The broker said the company will have to perform very well in the second half to meet guidance, and that there are still risks to missing this guidance but said it believed shareholders over reacted to yesterday's news. It nudged its target price up to 465 pence from 462 pence.

High-end property firm Savills (LON:SVS) was downgraded by UBS today after a recent strong performance. Analyst Howard Lesser said: “We continue to believe that Savills is an attractive play on global real estate markets. However, in our opinion, these attractions are now reflected in the price.” The broker left its target price unchanged at 370 pence.

Meanwhile Morgan Stanley gives an ‘overweight’ stance on the stock with a target price of 315 pence.

Investment firm Aberdeen Asset Management (LON:ADN) was upgraded to ‘buy’ from ‘hold’ by Societe General after the firm posted a strong third quarter trading update yesterday. Analyst Michael Sanderson said: “Aberdeen’s robust flows confirm our view that it has the best organic earnings per share momentum amongst the conventional diversified asset managers. “In addition, Aberdeen continues to generate significant net cash which offers potential for some form of future additional capital return in excess of the current ordinary dividend.” The broker maintained its target price of 300 pence, while the stock is currently changing hands at 245 pence.

Cynthia Carroll, Chief Executive of Anglo American, said: "The acquisition of a majority interest in Revuboè is in line with our strategic commitment to grow our global metallurgical coal business to supply our customers from each of the key metallurgical coal supply regions of Australia, Canada and Mozambique. Revuboè is located in the most attractive area of Mozambique's Moatize coal basin and has a number of infrastructure development options. We look forward to working with the Government of Mozambique and our joint venture partners to progress this exciting prospect." The Transaction is subject to a number of conditions and is expected to be completed during the third quarter of 2012.

24 July 2012 Anglo American agrees to acquire majority interest in Revuboè metallurgical coal project in Mozambique Anglo American plc ("Anglo American") announces it has agreed to acquire a 58.9% interest in the Revuboè metallurgical coal project in Mozambique ("the Revuboè project") from the Talbot Estate for a total cash consideration of A$540 million (approximately US$555 million) ("the Transaction"). The Revuboè project is a joint venture partnership and includes Nippon Steel Corporation (33.3% interest), and POSCO (7.8% interest). The Revuboè project has a reported JORC resource of 1.4 billion tonnes of hard coking and thermal coal suitable for open cut mining, with the potential to support the export of six to nine million tonnes per annum on a 100% basis.

http://www.investegate.co.uk/Article.aspx?id=201207240800053355I

HMS GROUP ANNOUNCES RUB 1.6 BN CONTRACT FOR THE OIL TREATMENT PLANT CONSTRUCTION ON DULISMA OIL & GAS CONDENSATE FIELD Moscow, Russia – July 24, 2012 – HMS Group (LSE: HMSG), the leading pump manufacturer and provider of flow control solutions and related services in Russia and the CIS, announces today that it has signed a contract worth Rub 1,578 mn (c. US$ 49 mn). In accordance with the contract, HMS will provide a wide range of construction and engineering works including construction of the second stage of an oil treatment station, the second stage of an oil custody transfer point, a fuels-lubes storage, a fuel filling station and other infrastructure facilities on the Dulisma oil and gas condensate field, located in Irkutsk region of Russia. The Group’s operating facilities will produce a significant share of the specialist equipment to be embedded under the project. HMS will provide commissioning by the end of 2013. Previously, HMS participated in the first stage of the oilfield development project and constructed the first stage of a crude oil delivery and acceptance point.

http://www.investegate.co.uk/Article.aspx?id=20120724120000Z6420

Financial Highlights · Revenues of US$1,346,000 (US$7,556,000 - 30 June 2011); · Gross Profit of US$30,000 (US$4,557,000 - 30 June 2011); · Loss before tax of US$1,696,000 (profit before tax of US$3,322,000 - 30 June 2011); · Working capital of US$6.9m as of 30 June 2012, of which $5m remained available as undrawn loan facility from Philex (US$3.4m - 30 June 2011); · US$4.4m settlement of legal dispute with Basic Energy Corporation relating to deferred consideration on assets acquired in the North Palawan area, which has been capitalised as Galoc acquisition costs; · Exercise of 2,185,000 options during the period by Directors and staff at US$0.484; · Increase in loan facility provided by Philex Mining Corporation (the parent Company of Forum's two principal shareholders) from US$10m to US$15m for short-term working capital purposes and repayable in November 2013.

Interim Results Forum, the UK incorporated oil and gas exploration and production company, with a focus on the Philippines, today announces its unaudited interims for the six months ended 30 June 2012. Forum recorded a loss of US$1,696,000 for the interim period ended 30 June 2012 (profit - US$3,322,000 for interim period ended 30 June 2011). The loss for the period compared to the profit for 2011 is principally due to income from the Galoc field (in which Forum holds a 2.27% equity interest) being 87% lower than the 2011 interim period due to the temporary suspension of production at the Galoc oil field (SC-14C) which was required whilst the Floating Production, Storage and Offloading vessel was upgraded. Production at the Galoc field has subsequently recommenced at normal rates. Operational Highlights · SC72 seismic interpretation and resource update completed in April 2012, which showed an improvement in the resources previously estimated and supporting the case to proceed with a drilling programme; · Development of Libertad Gas Field (SC40) by DESCO with first commercial production in Q1 2012, with expected net income to Forum to be modest on an annual basis; · Completion of Galoc oil field, Floating Production, Storage and Offloading vessel upgrade in Q1 2012.

http://www.investegate.co.uk/Article.aspx?id=201207241230033666I