Exercise of Options

11 Jul 2005 09:26

Nelson Resources Limited11 July 2005 11 July 2005 NELSON RESOURCES LIMITED Exercise of Options Nelson Resources Limited (TSX / AIM: NLG), a leading independent oil developmentand production company operating in Kazakhstan, announces that Gilles Thieffry,a non-executive director of the company, has exercised an option over andsubsequently sold 333,333 common shares. The option, originally granted onAugust 18, 2004, was exercisable at a price of CDN$1.45 per share. Subsequent tothe sale Mr Thieffrey holds no further interest in the common shares of Nelson. For further information, please contact: Fred Hodder SVP Tel: 020 7495 8908Nelson Resources Limited fhodder@nelsonresources.co.uk Investor RelationsAnn-marie Wilkinson / Nick Lambert Tel: 020 7861 3232Bell Pottinger Corporate & Financial (London) This information is provided by RNS The company news service from the London Stock Exchange