Stmnt re Share Price Movement

RNS Number : 8111F

Green Dragon Gas Ltd

14 October 2008

 

14 October 2008

GREEN DRAGON GAS LTD.

('Green Dragon' or the 'Company')

Movement in Share Price

Green Dragon Gas Ltd. (AIM: GDG), the Chinese coal bed methane business, has noted the recent substantial decrease in the Company's share price with only a small volume of under 5,000 shares being traded. The Company is not aware of any company-specific reason for this movement in the share price.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Randeep S. Grewal / Betty Cheung 

Green Dragon Gas                                                                   [phone]

Dr Azhic Basirov / David Jones

Nomad & Broker, Smith &Williamson                                        [phone]

Tim Redfern

Broker, Evolution Securities                                                      [phone]

Tim Thompson / Susanna Gale / Christian Goodbody

 Buchanan Communications                                                      [phone]

 

END

 

 

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