Equity Resources plc
LSE : EQRP

April 01, 2011 07:51 ET

Net asset value as at 31 March 2011

                                                 
                                              

                                                                                       01/04/2011
                                                                        GB00B0GQJ825/GBP/PLUS-exn
                                                 
                                       Equity Resources plc
                                          (the "Company")

                                Net asset value as at 31 March 2011

At  the  close of business on 31 March 2011, the Company's net asset value using the  closing  bid
prices of its investments was 2.13 pence per share, fully diluted for directors' outstanding share
options  and founders' outstanding warrants; the outstanding options and warrants total 27,450,000
representing 57% of the shares in issue.

The Company's closing mid share price on 31 March 2011 was 3.00 pence per share.

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 7368 6959
Corporate Adviser                      Email: duncanvasey@sthcp.com
Duncan Vasey                           


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