Option extension

Published Friday 26th, October 2007.
Article Category: Announcements
Summary Extension of SODEMSA option
Article Content
Andes Energia plc
(“Andes” or “the Company”)

Extension of SODEMSA option

As announced on 7 September 2007, Andes has the option to acquire a further 50 per cent. indirect interest in SODEM S.A, which has a 51 per cent. controlling interest in Empresa Distribuidora de Electricidad de Mendoza S.A, the main electricity distribution company in the Province of Mendoza.

Andes is pleased to announce that it has reached agreement with the vendors to extend the option from 31 October 2007 to 31 January 2008.

Andes has agreed to pay the vendors, by 30 October 2007, US$ 3,000,000, which will be considered a payment on account of the total consideration due on the exercise of the option.

Enquiries:

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

Arbuthnot Securities
James Steel T: 020 7012 2000
Antonio Bossi

Bishopsgate Communications Limited
Maxine Barnes T: 020 7562 3350
Nick Rome

Exercise of Warrants
Published Thursday 25th, October 2007.

Article Category: Announcements

SummaryAndes announces an application has been made for the admission to trading on AIM of 46,296 ordinary shares of 10p each.

Article Content
Andes Energia plc

(“Andes” or “the Company”)

Exercise of Warrants

Andes, formerly Ragusa Capital plc, announces that application has been made for the admission to trading on AIM of 46,296 ordinary shares of 10p each (“Shares”) in the Company, pursuant to the exercise of warrants issued in connection with
the admission to AIM of Ragusa Capital plc on 15 July 2004.

The Shares will rank pari passu with the Company’s existing issued ordinary shares, and dealings in
the Shares are expected to commence on 31 October 2007.

Enquiries:

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

Arbuthnot Securities
James Steel T: 020 7012 2000
Antonio Bossi

Bishopsgate Communications Limited
Maxine Barnes T: 020 7562 3350
Nick Rome

Holdings in Company
Published Thursday 25th, October 2007.
Article Category: Announcements
SummaryNotification of major interest in shares.
Article Content
Please see attached document for further information.

  Click here to download. major interest in shares document