Xtract Resources PLCLSE: XTR

Takeover Code

· Issued by Xtract Resources PLC
Resmex plc 18 April 2006 Resmex plc ('Resmex' or the 'Company') Takeover Code 18 April 2006 Following the acquisition by Resmex of Xtract Oil Limited and the recent appointment of John Newton as Chief Executive Officer, the business and operational control of the Company are now located outside the United Kingdom, the Channel Islands and the Isle of Man. Accordingly, The Panel on Takeovers and Mergers has confirmed that as the Company's central management is outside its jurisdiction, The City Code on Takeovers and Mergers and the Rules Governing Substantial Acquisitions of Shares do not apply to the Company. This information is provided by RNS The company news service from the London Stock Exchange ADSMSESL

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