The Company requests a trading halt effective immediately pending the release of an announcement in relation to a potential placement of new ordinary shares in the Company.
In this regard the Company has received an unsolicited offer by Southern Cross Equities
to provide the Company with a capital injection by way of a placement to leading institutions.
The Company will consider this offer and a further announcement will be made prior to the opening of trading on Tuesday 10 November 2009.
The Company is not aware of any reason why the trading halt should not be granted.
Thank you for your assistance.
White Energy Company Limited