Listing delay

Listing delay

Watermark Global

Watermark Global Plc

("Watermark" or the "Company")

Transaction Update – Listing Delay

Watermark advises shareholders that, owing to an administrative delay, the listing of the shares of Mine Restoration Investments Limited (“MRI”) (formerly known as Capricorn Investment Holdings Limited) on the AltX of the Johannesburg Stock Exchange, which was set to take place today, has been delayed. It is now anticipated that this will take place on or around 25 June 2011 which will complete the acquisition of Western Utilities Corporation (Pty) Ltd by MRI from Watermark.

Further announcements will be made as appropriate to update shareholders on the progress of the transaction.

Enquiries

Investor Relations

Charles Zorab Tel: + 44(0) 20 7233 1462

[e-mail]

Nominated Adviser: Cenkos Securities

Ian Soanes Tel: [phone]