Forte Energy NL

December 11, 2009 02:00 ET

Forte Secures $2M from Maroochydore Sale

                                                                                         FORTE ENERGY NL
                                                                                         ACN 009 087 852
                                                                                       ASX/AIM CODE: FTE
                                                          Telephone: +618 9322 4071, Fax: +618 9322 4073
                                                                               ASX, AIM and Media Release
                                                                                        11 December 2009

                        Forte Secures $2M from Maroochydore Copper Project Sale

International uranium company Forte Energy NL ("Forte Energy" or "The Company") (ASX/AIM: FTE) is  pleased
to  announce  that  it  has reached agreement to sell its 50% interest (held via the Company's  subsidiary
Renison  Bell  Ltd)  in  the  Maroochydore  Copper Project in Western  Australia,  to  the  joint  venture
exploration  manager  and joint venture partner, Birla Maroochydore Pty Ltd a wholly owned  subsidiary  of
Aditya Birla Minerals Ltd (ASX: ABY).

Under  the terms of the agreement, Forte Energy will receive a cash payment of A$2,000,000 and be released
from any current or future obligations under the joint venture agreement.

The  agreement is subject to obtaining Ministerial consent under the mining act and completion of a formal
sale agreement, with settlement expected before the end of December 2009.

With  sale  agreements now in place for both its Australian copper/cobalt projects, Forte Energy  will  be
well resourced and able to focus its attention on and expedite the exploration of its uranium prospects in
Guinea and Mauritania, West Africa.

Mark Reilly
Managing Director

For further information contact:

Mark Reilly, Managing Director
Forte Energy N.L.                Tel: +618 9322 4071

Alastair Stratton/Tim Graham
Matrix Corporate Capital LLP     Tel: +44 (0) 203 206 7000

Conduit PR
Jos Simson/Emily Fenton          Tel: +44 (0) 207 429 6603

Stuart Laing
RFC Corporate Finance Ltd        Tel: +618 9480 2506
(AIM Nominated Adviser to the Company)

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