Confirmation of Cancellation

    RNS Number : 6994D
  Xceldiam Limited
  17 September 2008
   



    Xceldiam Limited

    ("Xceldiam" or the "Company")

    Confirmation of Cancellation

    Following the suspension of the Company's ordinary shares from trading on AIM on 17 March 2008, the Company was required to make an
acquisition or acquisitions which constituted a reverse takeover under the AIM Rules or otherwise implement its Investing Strategy (as
announced to the market on 2 March 2007), within the following six months otherwise the Company's admission to AIM would be cancelled.

    The Company has been unable to make an acquisition or acquisitions or otherwise implement its Investing Strategy in accordance with the
timetable laid down by the AIM Rules and as the Company has now been suspended from AIM for a period of six months, Xceldiam's admission to
AIM will be cancelled with effect from 7 am (UK time) on 18 September 2008. 

    For further information contact: 

 Xceldiam Limited    Tel: +27 83 253 5539 4199
 Mark Summers
  
 WH Ireland Limited  Tel: +44 161 832 2174 
 David                
 Youngman/Katy
 Mitchell




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