Re Investment

Embargoed for release at 7.00am on                              30 March 2005

                                SILENTPOINT PLC                                

                       ('Silentpoint' or 'the Company')                        

       Re. Investment in India Star Energy plc plc ('India Star Energy')       

Silentpoint, the AIM-listed investment company, is pleased to announce that it
has invested £320,000 in India Star Energy, a company whose shares are expected
to commence trading on AIM later today.

India Star Energy is a newly incorporated company that has been established to
invest in or acquire interests in projects, businesses or companies in the
resource sector with a focus on energy. The directors of India Star Energy
anticipate that acquisitions will mainly be in the non-renewable energy sector
which includes oil, gas, coal and uranium.

Geographically the directors of India Star Energy have stated that they will
concentrate on investment opportunities in areas in the Indian subcontinent as
well as China, the former Soviet Union states, South East Asia and Africa, and
opportunities relating to uranium initially in areas where there has already
been production, such as Canada, Australia and South Africa. One area that they
intend to specifically target is the Indian subcontinent and, in particular,
India itself.

Silentpoint has invested a total of £320,000 in India Star Energy and now holds
40,000,000 ordinary shares, representing 28.57 per cent. of the issued share
capital of India Star Energy.

In view of the fact that Paul Mc Groary, who is classified as a substantial
shareholder in Silentpoint under the AIM Rules, is a director of India Star
Energy and is interested in 35 per cent. of the issued share capital of India
Star Energy, the investment is a related party transaction under the AIM Rules.
Haresh Kanabar considers, as the only independent director, having consulted
with John East & Partners Limited, that the terms of the investment are fair
and reasonable insofar as the shareholders of Silentpoint are concerned.

Commenting on the investment, Smit Berry, Chief Executive of Silentpoint, said:

'Following the successful outcome of our investment in Silvermines Media plc,
now called Cambrian Oil & Gas plc, we are delighted to be participating in the
flotation on AIM of India Star Energy and look forward to creating further
shareholder value.'

For further information:

Silentpoint plc                                                              
                                                                             
Haresh Kanabar, Chairman               07802 858893                                          

Smit Berry, Chief Executive            020 8656 4648