Transaction in Own Shares

22 Sep 2006 14:27

Westmount Energy Limited22 September 2006 22 September 2006 PRESS RELEASE WESTMOUNT ENERGY LIMITED Westmount Energy ("the Company") announces that the Company yesterday purchasedfor cancellation 25,000 of its ordinary shares of 20p each at a price of 108pper share. In addition, the 17,000 ordinary shares of 20p each that it purchased on 15thJune 2006 at a price of 121 pence per share and the 6,250 ordinary shares of 20peach that it purchased on the 16 June 2006 at 120 pence per share (as announcedon 19 June 2006) have been cancelled. This is therefore a total of 48,250ordinary shares of 20p each. Westmount Energy Limited now has a total of 7,458,430 ordinary shares of 20p each in issue. Note for Editors: Westmount Energy Limited ('Westmount') is a Jersey based AIM quoted Energy Investment Company. Its present investments include, 30,000,000 shares of AIM quoted Sterling Energy plc, 5,500,000 shares of AIM quoted Desire Petroleum plc, a £500,000 convertible loan to AIM quoted CDS Oil & Gas Group plc and 244,000 shares of presently unquoted Eclipse Energy Company Limited. Westmount has no borrowings. Contacts: Paul R. Anderson,Westmount Energy Limited Tel: 01534 814209 Gavin J. Burnell,Ruegg & Co. Limited Tel: 020 7584 3663 This information is provided by RNS The company news service from the London Stock Exchange