TIDMPAL

RNS Number : 4906J

Equatorial Palm Oil plc

30 June 2011

30 June 2011

Equatorial Palm Oil Plc

("EPO" or the "Company")

Results of AGM

Equatorial Palm Oil plc, (AIM: PAL), the AIM listed palm oil development company with operations in Liberia, is pleased to announce that all the resolutions proposed to shareholders at the Company's AGM held today, 30 June 2011, were duly passed.

Enquiries:

 
 Equatorial Palm Oil plc 
  Michael Frayne, Chairman    +44 (0) 20 7766 7555 
 Shore Capital & Corporate 
  Ltd. 
  NOMAD and Joint Broker 
  Pascal Keane 
  Edward Mansfield            +44 (0) 20 7408 4090 
 Mirabaud Securities LLP 
  Joint Broker 
  Peter Krens                 +44 (0) 20 7484 3510 
 Pelham Bell Pottinger 
  Financial / Corporate PR 
  Charles Vivian              +44 (0) 20 7861 3126 
 

Notes to Editors:

Information on Equatorial Palm Oil Ltd.

The Company's objective is to become a global, sustainable, low cost producer of crude palm oil.

The Company is developing a low-cost CPO production-base sourced from its initial land bank. The Group has acquired oil palm mills to process the Fresh Fruit Bunches ('FFB') harvested from the plantations in Crude Palm Oil ('CPO') and other related products. The CPO produced is initially intended for sale into the local Liberian and West African markets where it is a key staple food. West Africa is currently a significant net importer of CPO. The longer term objective is to develop sufficient scale in its production and processing of CPO in order to widen exports to a broader international market including Europe, where the company will benefit from geographical advantage in freight costs and increasing demand for a sustainable product.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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