FINAL DISPOSAL OF FTSE OPTION

24 Jan 2008 14:45

Graphite Enterprise Trust PLC24 January 2008 ANNOUNCEMENT TO STOCK EXCHANGE GRAPHITE ENTERPRISE TRUST PLC 24 JANUARY 2008 FINAL DISPOSAL OF FTSE OPTION Graphite Enterprise Trust PLC (the "Company") announces that it has today soldthe remaining 37.5% of the FTSE 100 call option ("the Option") which wasacquired in October 2005. The proceeds of today's disposal were £7.7 million. Total proceeds over thelife of the Option were £29.0 million representing 2.1 times its cost of £14.0million. For further information please contact: William Eccles 020 7825 5300Tim Spence 020 7825 5300 This information is provided by RNS The company news service from the London Stock Exchange