6 Jan 2010 07:00
6 January 2010
Andes Energia plc
("Andes" or the "Company")
Andes Shares to be listed on Buenos Aires Stock Exchange
The Board of Andes (AIM: AEN), the Latin American energy group, is pleased to announce that, following approval by the Comisión Nacional de Valores in Argentina, its shares are now authorized for trading on the Buenos Aires Stock Exchange, subject to certain formalities, which are expected to be completed shortly.
The Company will publish a prospectus which will be made available in accordance with the regulations of the Comisión Nacional de Valores. An official English translation of the prospectus will also be available from the Company's website at www.andesenergiaplc.com.ar in due course.
Luis Alvarez Poli, Chief Executive Officer of Andes, commented "We are pleased to report that the Andes shares will soon be traded on the Buenos Aires Stock Exchange in Argentina. This represents an important step in providing the South American financial community with the opportunity to actively invest in Andes. It also provides Andes with the opportunity to strengthen our shareholder base in the region where our principal assets are located."
For further information please contact:
| Andes Energia plc | Luis Alvarez Poli, CEO Nigel Duxbury, FD | T: 020 7495 5326 |
| Arbuthnot Securities | Antonio Bossi James Steel | T: 020 7012 2000 |
| Bishopsgate Communications | Nick Rome Michael Kinirons | T: 020 7562 3350 |
Note to Editors:
About Andes
Andes is a Latin American energy group, with electricity distribution, hydro-electric power and oil and gas interests in Argentina. The Company's focus is on the Argentinean energy sector, which it believes offers premium assets at undervalued prices.