Last checked at 14 Oct 2008 13:47
14 October 2008
GREEN DRAGON GAS LTD.
("Green Dragon" or the "Company")
Movement in Share Price
Green Dragon Gas Ltd. (AIM: GDG), the Chinese coal bed methane business, has noted the recent substantial decrease in the Company's share price with only a small volume of under 5,000 shares being traded. The Company is not aware of any company-specific reason for this movement in the share price.
For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:
Randeep S. Grewal / Betty Cheung
Green Dragon Gas +852 3710 0168
Dr Azhic Basirov / David Jones
Nomad & Broker, Smith &Williamson +44 20 7131 4000
Tim Redfern
Broker, Evolution Securities +44 20 7071 4300
Tim Thompson / Susanna Gale / Christian Goodbody
Buchanan Communications +44 20 7466 5000