8 December 2010
In-Solve Plc
("In-Solve" or "the Company")
The Company notes the recent media speculation, referring to the substantial
progress being made in the development of the Marovoay Block 2102 onshore
Madagascar ("Maravoay Block"). The Marovoay Block is 20% owned by Wilton
Petroleum, an oil exploration company in which In-Solve holds a 6.55% stake.
The Company confirms that some progress has been made in evaluating the
economic viability of the Block, including an aeromagnetic study. The Board
of In-Solve look forward to keeping the market informed on any further
developments regarding the Marovoay Block.
The directors of the issuer accept responsibility for this announcement.
--END--
Enquiries:
IN-SOLVE PLC TEL: 020 7467 1700
Jonathan Bradley-Hoare - Company Secretary
RIVINGTON STREET CORPORATE FINANCE TEL: 020 7562 3373
Eran Zucker
Eran@rs-cf.com
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