Option Exercise

Published Monday 8th, October 2007.
Article Category: Announcements
SummaryAndes Energia plc announces its intention, subject to contract, to acquire an indirect controlling interest in Hidroelectrica Ameghino S.A.
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Andes Energia plc

(“Andes” or “the Company”)

Option Exercise

Further to the announcement on 7 September 2007, Andes, formerly Ragusa Capital plc, announces that, pursuant to the terms of the option held through Andes Energia Argentina S.A. (the “HASA option”), it has given notice of its intention, subject to contract, to acquire an indirect controlling interest in Hidroelectrica Ameghino S.A., which has the concession to operate the 60MW Ameghino hydro power plant located in the Province of Chubut, Argentina.

Further details about Hidroelectrica Ameghino S.A. and the HASA option are included in the re-admission document posted to shareholders on 7 September 2007.

Enquiries:

Andes Energia plc
Michael Stevens, Chairman T: 020 7495 5326
Nigel Duxbury, Finance Director

Arbuthnot Securities
James Steel T: 020 7012 2000
Antonio Bossi

Bishopsgate Communications
Maxine Barnes T: 020 7562 3350
Nick Rome

Notification of Major Interest in Shares
Published Friday 5th, October 2007.
Article Category: Announcements
SummaryIdentity of the issuer or the underlying issuer of existing shares to which voting rights are attached ANDES ENERGIA PLC

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NOTIFICATION OF MAJOR INTEREST IN SHARES

Please see attached document for further information.

  Click here to download. notification of major interest in shares