Equity Resources plc

June 24, 2009 11:30 ET

Notification of Change in Par Value

                                             Equity Resources plc
                                     ("Equity Resources" or the "Company")
                                      Notification of Change in Par Value

At  the  Annual General Meeting of Equity Resources held on 27 November 2008, a resolution to approve the  sub-
division of each of the Company's 47,475,000 issued ordinary shares of 1p each into one ordinary share of  0.1p
each and one deferred share of 0.9p each was duly passed.

The  Company  has now discovered that, due to an oversight, the approval of the Sub-division was  not  formally
notified  to the market following the November 2008 Annual General Meeting. As a result, the nominal  value  of
the  Company's ordinary shares has been incorrectly described on the PLUS Markets website since that  date.  No
shares in the Company have been traded since the Annual General Meeting.

Accordingly,  with effect from the start of trading on 25 June 2009, the ordinary shares of the Company  traded
on the PLUS-quoted Market will be ordinary shares of 0.1p each.

The  Company has 47,475,000 ordinary shares of 0.1p each in issue. New share certificates have not been  issued
and the old certificates are still valid.

The Directors of Equity Resources plc accept responsibility for this announcement.

Equity Resources plc                     
John Watkins, Chairman                   Tel: 01483 771992
                                         Email:  john@equityresources.co.uk

Simon McNeill-Ritchie                    Tel:  07958 657522
                                         Email:  SimonMcN@aol.com
St Helen's Capital plc                   Tel:  020 7628 5582
Duncan Vasey                             
Mark Anwyl

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  • Equity Resources plc