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This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

Novy Neft Limited - Canvassing of Shareholders

Hamilton,Bermuda 20 January 2006 - Further to the announcements of 4th January and 18th January, the Directors of Novy Neft Limited (the "Company") would like to inform Shareholders that the Investment Manager and the advisers to the Company continue to canvass the views of the shareholders of the Company with regard to the most appropriate exit strategy.  A circular will be issued to shareholders in due course.

 

Any shareholder wishing to express an opinion is welcome to contact the Directors via Anderson Whamond on anderson.whamond@charlemagnecapital.com.

 

 

For further information on Novy Neft Limited please contact:

 

Megan Woloshyn

Butterfield Securities (Bermuda) Limited

Tel: (441) 298 4764

Fax: (441) 295 6759

Email: meganwoloshyn@bntb.bm

Christopher Fitzwilliam-Lay

Charlemagne Capital (UK) Limited

Tel: (44 20) 7518 2100

Fax: (44 20) 7518 2199

Email: chris.fitzwilliamlay@charlemagnecapital.com