Issue of Equity

25 Apr 2007 14:52

Kefi Minerals plc25 April 2007 KEFI Minerals plc ("KEFI Minerals" or the "Company") Issue of New Shares KEFI Minerals confirms that the directors of the Company have approved anallotment of 250,000 ordinary shares of 1p each in the share capital of theCompany ("New Ordinary Shares") to Omer Celenk in lieu of part payment of salaryfor professional services. The shares were issued at a price of 3.5 p per share(being the mid-market price for the 30 days prior to issue). Application has been made for the New Ordinary Shares to be admitted to AIM anddealings in the New Ordinary Shares is expected to commence on 1 May 2007. The total number of issued ordinary shares in the Company, including the NewOrdinary Shares, is now 100,583,334. ordinary shares. For further information contact: David Youngman, W.H. Ireland Ltd. Tel: +44 (0) 161 832 6644 Jeffrey Rayner, KEFI Minerals plc Tel: +90 53 6963 0111 This information is provided by RNS The company news service from the London Stock Exchange