Shares & Shareholders

As at 23 December 2011:

Number of AIM securities in issue: 9,726,707
Number of AIM securities held in treasury:1,462,000
Percentage of AIM securities not in public hands: 58.1%

Significant shareholders

As at 23 December 2011 the following shareholders held 3% or more of the issued share capital of the Company:

Name of shareholder Percentage shareholding
Westland Geoprojects (Holdings) Limited 27.7%
HSBC Global Custody Nominee (UK) Limited
27.1%
Lynchwood Nominees Limited
14.7%
Securities Services Nominees Limited
10.1%
Vidacos Nominees Limited
5.4%
Strand Nominees Limited 5.1%
PO Box 800, Road Town, Tortola, British Virgin Islands.