RNS Number:1168W
Investika Ltd
04 May 2007


                                 INVESTIKA LTD
                                ("the Company")
                            Increase in share price

4 May 2007

Please find enclosed the text of a letter the Company has released on the ASX
relating to the Company's recent increase in share price and trading volumes of
the shares.


Enquires to:

Chrisilios Kyriakou, Chief Executive Officer
Investika Ltd
Telephone: 020 7514 1480

James Joyce
WH Ireland Limited
Telephone: 020 7220 1666


DATE 4 May 2007


Ms. V. Bui
The Australian Securities Exchange Ltd.

Dear Ms. Bui

Further to your letter of 4 May 2007 re the increase in the price and trading
volume of the Company's shares, we advise as follows:
                         
     1.   We are not aware of any information that has not been announced that 
          could be an explanation for the recent trading in the Company's 
          shares.

     2.   As reported in our March Quarterly Activities Statement, the 
          Philippines direct-shipping laterite nickel ore project commenced 
          shipping operations. During this quarter three shipments, totalling 
          121,000 tonnes, were made to smelters in China.

Shipments have continued in the current quarter and to date, a further three
shipments, totalling approximately 150,000 tonnes, have been dispatched, also to
Chinese smelters.  Another ship is presently being loaded.

The March quarter report, which was also released in London, has attracted a
great deal of interest in that city, particularly as the project's major
partner, Toledo Mining Corporation plc, is also listed on the AIM market and
Toledo's share price has significantly increased since the quarterly report.  It
is, therefore, our view that this is the reason for the increase in the value
and volume trading in the Company's shares.
          
     3.   We confirm that the Company is in compliance with the Listing Rules 
          and, in particular, Listing Rule 3.1.


Yours faithfully
INVESTIKA TLD

J B MAGUIRE
COMPANY SECRETARY


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