Westmount Energy Limited (the "company"), incorporated in Jersey on 1 October 1992 under the Companies (Jersey) Law 1991, as amended, is a public company with registered number 53623. The company now operates solely as an energy investment company.

The investment strategy of the company has been to provide seed capital to small companies which are identified as having significant growth possibilities. The sale of such stakes taking place subsequent to flotation or when a significant third party offer is available, which values such a stake as attractive both for price and market reasons.

The shares of the company commenced trading on the Alternative Investment Market ("AIM") at 15p on 2 October 1995. The middle market closing share price on 30 June 2009 was 32.5p (30 June 2008: 102p).  The reduction in the share price takes into account the recent return of capital in the amount of 65p per share. Following the re-organisations of the company's share capital approved by shareholders on 22 December 2005 and 30 January 2009, and the resultant return of capital to shareholders, the company now has a total of 6,980,300 ordinary shares of 20p each in issue held by approximately 1,300 shareholders. This number of shares is after taking into account 541,380 shares purchased by the company in the market which have now been cancelled.

There are director's share options outstanding over 450,000 20p ordinary shares exercisable at an amended subscription price of 38.5p per share, 100,000 20p ordinary shares exercisable at an amended subscription price of 26p per share, both over various periods and expiring 31 December 2012, and 250,000 20p ordinary shares exercisable at a subscription price of 62p per share expiring 31 December 2016.

Shareholders should be aware that their rights in respect of a Jersey registered company will differ from an English registered company.

Significant Shareholders	Number	%
Gryphon Trading S.A.	838,900	12.02
Personal Representatives of the late D.G Williams and related parties	1,005,939	14.41
Hargreave Hale Limited	1,297,000	18.58

Shares held by Directors
The total number of shares held by Directors is 349,988 shares.

Shares not held in public hands
The total number of shares not regarded as being held in public hands is 3,491,827 shares.

The information on this website is being disclosed in accordance with rule 26 of the AIM rules.

Page Last Updated 23/09/2009