EGM Statement

27 Dec 2007 12:51

KP Renewables PLC27 December 2007 KP Renewables plc ("KPR" or the "Company") Result of Extraordinary General Meeting The Board of Directors is pleased to announce that, further to its announcementof 28 November 2007, the resolutions proposed at today's Extraordinary GeneralMeeting were duly passed. Application has been made for 59,107,182 ordinaryshares (incorporating consolidated existing shares, consideration shares,converted loan notes and other transaction related equity payments) to trade onAIM and it is expected that dealings in these shares will commence on 31December 2007. Following Admission there will be 59,107,182 ordinary shares of 50 pence each inthe Company in issue and the Company name will change to Island Gas Resourcesplc ("IGas") and will have a ticker code of "IGAS". As previously announced,following admission Francis Gugen, Andrew Austin and Brent Cheshire will jointhe Board of the Company; Peter Redmond, Richard Armstrong and John Bryant willremain on the board as Non-Executive Directors. For further information contact KP Renewables plcJohn Bryant, Chairman Tel: 0207 332 2200 Peter Redmond, Director Tel: 0207 332 2200 Libertas CapitalJakob Kinde/Stephen Pickup Tel: 0207 569 9650 IGasKen Cronin (Gavin Anderson) Tel: 07887 591 499 This information is provided by RNS The company news service from the London Stock Exchange