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Reference is made to today's stock exchange announcement regarding the private placement of shares in Wentworth Resources Limited ("Wentworth" or the "Company") raising gross proceeds of USD 7.6 million (GBP 4.9 million, NOK 59.7 million) through the issue of 15,412,269 new shares with institutional investors and certain Directors and members of the Executive Management at a price of 31.5 pence per share (approximately NOK 3.9).
The following primary insiders of the Company participated in the private placement with the amounts set forth below:
| Director | Existing shareholding | Number of Placement Shares subscribed | Shareholding immediately following Admission | % of enlarged issued share capital upon Admission |
| Robert McBean | 8,903,637 | 201,748 | 9,105,385 | 5.37% |
| Neil Kelly | 912,815 | 163,458 | 1,076,273 | 0.63% |
| Management | ||||
| Geoffrey Bury | 200,000 | 100,000 | 300,000 | 0.18% |
| Lance Mierendorf | - | 50,000 | 50,000 | 0.03% |
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.