Stmnt re Share Price Movement

1 Feb 2005 12:13

Murchison United NL01 February 2005 Murchison United NL ("the Company") Statement re Share Price Movement The Company has noted the recent rise in its share price and is also aware ofcertain rumours regarding a potential reverse takeover in the London market. TheCompany confirms that no reverse takeover is being contemplated by the Companyat this time. The Company can confirm that it is investigating uranium prospectsin various locations. 1 February 2005 This information is provided by RNS The company news service from the London Stock Exchange