NLG.L Regulatory News (NLG)

1 Aug 2005 14:18

1 August 2005 BLOCK LISTING SIX MONTHLY REVIEW Nelson Resources Limited (the "Company") announces a review of the blocklisting on the Alternative Investment Market of the London Stock Exchange madein respect of Common Shares of USD$0.01 in the Company issuable on the exerciseof stock options, previously announced on January 27, 2005.In the period between January 27, 2005 and June 30, 2005, the followingmovements occurred in the number of shares not yet issued under the Company'sstock option scheme:Shares originally listed under scheme on Jan 27 46,215,635Options exercised (400,000)Options lapsed (990,000)Options granted 900,000Authorisation of options previously granted (1) 2,445,239 -----------Shares not yet issued under scheme at Jun 30 48,170,874Total number of shares outstanding at Jun 30 863,398,095(1) All granted options not previously authorised under the Company's stock option plan were ratified at the Company's Annual General Meeting on June 10, 2005.There is no assurance that the shares not yet issued under the plan will beissued.For further information, please contact:Fred Hodder, Senior Vice President Tel: 020 7495 8908Nelson Resources Limited fhodder@nelsonresources.co.ukENDNELSON RESOURCES LIMITED