KPR KP Renewables

RNS Number:6938K
KP Renewables PLC
27 December 2007




                   KP Renewables plc ("KPR" or the "Company")

                    Result of Extraordinary General Meeting



The Board of Directors is pleased to announce that, further to its announcement
of 28 November 2007, the resolutions proposed at today's Extraordinary General
Meeting were duly passed. Application has been made for 59,107,182 ordinary
shares (incorporating consolidated existing shares, consideration shares,
converted loan notes and other transaction related equity payments) to trade on
AIM and it is expected that dealings in these shares will commence on 31
December 2007.

Following Admission there will be 59,107,182 ordinary shares of 50 pence each in
the Company in issue and the Company name will change to Island Gas Resources
plc ("IGas") and will have a ticker code of "IGAS". As previously announced,
following admission Francis Gugen, Andrew Austin and Brent Cheshire will join
the Board of the Company; Peter Redmond, Richard Armstrong and John Bryant will
remain on the board as Non-Executive Directors.



For further information contact

KP Renewables plc
John Bryant, Chairman                    Tel: 0207 332 2200

Peter Redmond, Director                  Tel: 0207 332 2200


Libertas Capital
Jakob Kinde/Stephen Pickup               Tel: 0207 569 9650


IGas
Ken Cronin (Gavin Anderson)              Tel: 07887 591 499




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

END
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