TIDMWAS

RNS Number : 5507W

Wasabi Energy Limited

30 December 2013

30 December 2013

Wasabi Energy Limited

("Wasabi," "the Group" or "the Company")

Appointment of Voluntary Administrators

Following the consideration of its current financial position, the directors of Wasabi Energy Limited (Wasabi) today resolved to place Wasabi into voluntary administration and appointed John Lindholm and Stewart McCallum of Ferrier Hodgson as joint and several administrators of Wasabi.

The Board is committed to working with the administrators to determine the future of Wasabi and a further update will be provided to shareholders shortly.

ENDS

Contact

Administrators:

John Lindholm

Tel: + 61 3 9604 5106

Email: john.lindholm@fh.com.au

Stewart McCallum

Tel: + 61 3 9604 5660

Email: stewart.mccallum@fh.com.au

Wasabi:

Alwyn Davey, Company Secretary

Tel: +61 3 9663 7132

Media:

Michael Cave

Tel: + 61 3 9604 5101

Email: michael.cave@fh.com.au

ASX Code: WAS

http://www.wasabienergy.com/

U.K. Investor Enquiries

Beth McKiernan/ Ivonne Cantu / Neil McDonald

Cenkos Securities plc

Ph: +44 (0)207 397 8900 / +44 (0) 131 220 9778

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCURVRROUAUOAA

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