Challenger Energy Regulatory News (CEG)

18 Jul 2008 17:19



Corsie Group plc

("Corsie" or "the Company")

Resignation of Nominated Adviser

Having consulted with the Administrator, Daniel Stewart & Company has resigned as Nominated Adviser with immediate effect. Pursuant to the AIM Rules, if a replacement Nominated Adviser is not appointed by 19 August 2008 the Exchange will cancel the admission of the Company Shares. The Administrator does not intend to seek a replacement.

For further information:

Blair Nimmo/Gary Fraser

KPMG LLP Tel: 0131 222 2000

Paul Shackleton

Daniel Stewart & Company plc Tel: 020 7776 6550