XLD Xceldiam

RNS Number:5850R
Xceldiam Limited
20 February 2007


                                                                20 February 2007


                                Xceldiam Limited

                                (the "Company")


On 22 January 2007 the Company announced that it was in advanced stage
negotiations which may lead to an offer equating to approximately 50 pence per
share being made for the Company or one of its subsidiaries; these negotiations
are still continuing.

The Company now advises shareholders that it has received an offer for the
Company from another party. The Board will evaluate the merits of this offer and
make a recommendation to shareholders in due course.


For more information please contact:

Tim George, CEO, Xceldiam Limited             +44 791 085 5640 / +27 82 573 4199

David Youngman, WH Ireland                    +44 161 832 2174



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

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