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Additional Information

Market:	ASX FRA
Sector:	General Mining
EPIC:	GIP
Latest Price:	0.02 (10.00% )
52-week High:	0.05
52-week Low:	0.01
Market Cap:	17.88M

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Gippsland Limited

Gippsland focuses on world-scale projects which have been over-looked by major resource groups. Projects which have undergone detailed exploration and which have the potential to be brought into production quickly are a prime target for the Company. Gippsland's success in this area is due in part to the Company's philosophy of entering into equitable joint venture arrangements with overseas nationals. The Company's prime assets are the 40 million tonne Abu Dabbab and the 98 million tonne Nuweibi tantalum-tin projects located in the Central Eastern Desert of Egypt, adjacent to the western shore of the Red Sea.

Gippsland listing cancelled on AIM as company unable to find new Nomad, to retain ASX listing

Monday, March 23, 2009

Gippsland Ltd’s listing on AIM is cancelled as of today, March 23, as it has been unable to appoint a replacement Nominated Adviser and Joint Broker since Seymour Pierce Ltd resigned in February.

The company retains its quote on the Australian Securities Exchange, although this has been suspended pending publication of Gippsland's accounts for the six months ended December 31 2008.

Gippsland had said in February it was advanced discussions with a London-based Nomad which was anticipated would also act as the company's broker.

The release of its first-half accounts is expected shortly and an announcement regarding this will be made at the appropriate time, it said today.

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