Equity Resources plc
LSE : EQRP

October 01, 2010 03:58 ET

Net asset value as at 30 September 2010

                                                 
                                              

                                                                                       01/10/2010
                                                                        GB00B0GQJ825/GBP/PLUS-exn

                                       Equity Resources plc
                                          (the "Company")

                              Net asset value as at 30 September 2010
                                                 
During the course of the past month there has been a significant rise in the market prices of  the
Company's two investments, Regency Mines plc and Red Rock Resources plc, such that at the close of
business on 30 September 2010, the Company's net asset value using the closing bid prices was 1.28
pence per share, fully diluted for directors' outstanding share options.

The Company's closing share price on 30 September 2010 of 0.1-0.3 pence per share is at a discount
of 84% to the net asset value.

The Directors of Equity Resources plc are responsible for the contents of this announcement.

ENQUIRIES:
Equity Resources plc                   
John Watkins, Chairman                 Tel: 01483 771992
                                       Email:  john@equityresources.co.uk
                                       
St Helens Capital Partners LLP         Tel:  020 7369 6958
Corporate Adviser                      Email: duncanvasey@sthcp.com
Duncan Vasey/Mark Anwyl                


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