Rivara Update

Independent Resources PLC
09 August 2007

               Independent Resources plc ('IRG' or 'the Company')

                                 Rivara Update

Independent Resources plc,  the AIM-quoted natural gas storage and exploration
company, is preparing to submit further information to the Italian National
Government commission considering environmental clearance for its planned
underground gas storage facility at Rivara in northern Italy.

It follows a formal request from Italy's Ministry of the Environment for
additional data following an earlier submission of environmental and technical
data by IRG last June. The Ministry said that it was not yet possible to reach a
decision on the Environmental Impact Assessment, pending the provision of the
new information.

The Environmental Impact Assessment is similar in many ways to the UK's planning
process and is designed to create public exposure as a means of ensuring that
planned projects are compliant with environmental and regulatory requirements
and viable within those parameters. Although the process is expected to stretch
across several more months, this in part reflects IRG's commitment to full
compliance with all of the necessary environmental and planning requirements
surrounding the planned development at Rivara.

IRG Chairman Grayson Nash said: 'For obvious reasons, we are the first to be
interested in the environmental and safety aspects of the Rivara project, and we
are pleased to be able to supply whatever data are necessary to satisfy the
necessary planning and social requirements.'

Once the new environmental and technical data now requested have been submitted,
the assessment procedure can commence, and must then be completed within 90 days
unless still further particulars are required.

Italy's Ministry for Economic Development has identified the country's lack of
sufficient gas storage as one of the primary reasons for the dramatic energy
supply problems of recent winters. Government representatives have indicated
publicly that a decision on Rivara would be made this year.

IRG has engaged Italy's Banca Intesa San Paolo to advise on negotiations with
parties seeking to take a stake in the planned Rivara development. That move
followed approaches from major integrated and non-integrated gas majors keen to
become key participants in the underground project.

For further information contact:

Stephen Staley, Managing Director, Independent Resources plc:    01332 865 253
                                                                 07771 838 753

Allan Piper, First City Financial Public Relations:              020 7242 2666



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