Ambrian Partners brokers £500,000 placing for Altona Energy

Ambrian Partners Limited (“Ambrian”), the wholly-owned subsidiary of Ambrian Capital plc, is pleased to announce that it acted as sole agent to Altona Energy plc (“Altona”), the AIM-listed energy company with assets in Australia, for the placing (“the Placing”) of 12,195,122 ordinary shares at an issue price of £0.041 pence per share, raising approximately £500,000. The shares will be admitted to AIM on 7 August 2009.

The net proceeds of the Placing will be used to provide additional working capital.

About Ambrian Capital plc

Ambrian Capital (AIM: AMBR) is the holding company of Ambrian Partners Limited, Ambrian Commodities Limited and Ambrian Metals Limited.

Ambrian Partners Limited is a specialist investment bank focused on the metals & mining, oil & gas and cleantech sectors. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners has been ranked first in the AIM Basic Materials Sector in the Hemscott Advisers Rankings for more than 12 months, and was voted No. 1 for small and mid-cap mining in the Extel Survey of fund managers in June 2009. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

Enquiries:

Alexandra Carse (Corporate Broking)/
Samantha Harrison (Corporate Finance)
Ambrian Partners Limited
Tel: +44 (0)20 7634 4700

Charlotte Kirkham/Ben Simons
M: Communications
Tel: +44 (0)20 7153 1531/1540

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