Substantial Shareholder

11 Jan 2008 18:23

Polo Resources Limited11 January 2008 For immediate release 11 January 2008 POLO RESOURCES LIMITED ("Polo Resources" or the "Company") Substantial Shareholder The Company were informed on 7 January 2007 by Libra Advisors LLC that as at 19December 2007 Libra Fund LP and Libra Offshore Ltd together hold 45,450,000Ordinary Shares in the Company, representing a total holding of 10% of the Company's voting share capital. ENDS For further information, please contact: Polo Resources Limited www.poloresources.comGuy Elliott, Non-Executive Chairman +1 941 284 5954Suresh Hiremath, Finance Director +44 (0) 20 7586 4629 Beaumont Cornish Limited Tel +44 (0) 20 7628 3396Roland CornishRosalind Hill Abrahams This information is provided by RNS The company news service from the London Stock Exchange