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Statement re Results

29 Mar 2005 16:29

29 March 2005 ADVICE IN ADVANCE OF RELEASE OF ANNUAL RESULTSNelson Resources Limited (TSX / AIM: NLG) announces prior to the release this Thursday 31 March 2005 of its results for the year ended 31 December 2004 that its revenue, operating profit and operating cash flow will generally be in line with current market expectations (analysts' estimates). However, due to certain non-cash items being expensed and a higher effective tax rate, the Company's net income after tax and earnings per share will be materially below market expectations.The Company will file its full results for the year ended 31 December 2004 before close of business in Toronto, and at the equivalent UK time, on Thursday 31 March 2005. The presentation to analysts and conference call will now be held on Monday 4 April 2005. The presentation will take place in the Gold Room, No. 1 Cornhill, London, EC3A 3ND, at 9:30am BST. The conference call will take place at 2:30pm BST (9:30am EDT) on the same day. Instructions for participating appear below.For further information, please contact:----------------------------------------Nick Greene, Chief Financial Officer Tel: 020 7495 8908Nelson Resources Limited ngreene@nelsonresources.co.ukFred Hodder, Senior Vice President Tel: 020 7495 8908Nelson Resources Limited fhodder@nelsonresources.co.ukInvestor Relations:Ann-marie Wilkinson / Nick Lambert Tel: 020 7861 3232Bell Pottinger Corporate & Financial (London)Instructions for participating in the Conference Call-----------------------------------------------------The Annual Results Conference Call and Web Presentation will take place on Monday 4 April 2005 at 2:30pm BST (9:30am EDT), and will be hosted by Nick Zana, Chief Executive Officer. To participate, please dial one of the following numbers: From the UK 0845 245 0248 From North America 1-866-220-1452 From abroad +44 1452 556 620If you would like to ask a question following the presentation, or require operator assistance at any time during the call, please dial *1.The results presentation will be given online during the call. To view it, please go to www.meetingcentre.net (please note the European spelling!) and click on 'Attend a Meeting'. Then enter the meeting number 701 979 301. Alternatively, the results presentation will be available for download from Nelson's website, www.nelsonresources.com, at 7:00am BST on 4 April.The lines will be open 15 minutes before the meeting, so please join early to ensure you have everything working before the start time. If you have difficulty in setting up the software required for the online presentation, you can contact technical support on +44 (0) 1452 556 226.ENDNELSON RESOURCES LIMITED
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