RNS Number:8587K
Gippsland Limited
23 October 2006

Gippsland Limited ("Gippsland" or the "Company")
23 October 2006

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ANNUAL REPORT 2006

++++++++++++++++++++++++++++++++++++++++


Gippsland advises that the Company's Annual Report for the year ending 30 June
2006 has been released to the Australian Stock Exchange Limited and is presently
being mailed to all Gippsland shareholders.



A copy of this 2006 Annual Report is available via the Investor Relations link
on the Company's website.



For further information please contact:



Jack Telford
Executive Chairman
Gippsland Limited
www.gippslandltd.com
Tel: +61 (0)8 93898611
jtelford@gippslandltd.com



Laurence Read / Ed Portman
Conduit PR
Tel: +44 (0)20 7429 6605 / 6607
laurence@conduitpr.com
ed@conduitpr.com



Les Polden / Luke Cairns
Hoodless Brennan Plc
Tel: +44 (0)20 7538 1166
L.Polden@HBcorporate.com
L.Cairns@HBcorporate.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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