Providence Resources P.l.c (the "Company") Issue of Equity


Providence Resources P.l.c (the "Company")
 
Issue of Equity
 
Application has been made for the admission of 10,000,000 new ordinary shares of nominal value of €0.001 each ("Ordinary Shares") in the share capital of the Company to be admitted to trading on the AIM market of the London Stock Exchange and the IEX market of the Irish Stock Exchange. Admission is expected to take place on 16 June 2008.
 
These Ordinary Shares have been allotted to Macquarie Bank Limited in settlement of  fees. These  Ordinary Shares rank pari passu in all respects with the Company's existing Ordinary Shares.
 
 
For further information
 
Michael Graham
Secretary
Providence Resources P.l.c.
Tel +353 1 2194074
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