DES Desire Petroleum

TIDMFKL TIDMFOGL TIDMDES

RNS Number : 6019P

Falkland Islands Holdings PLC

03 October 2013

3(rd) October 2013

Falkland Island Holdings plc

("FIH" or "the Company")

Falkland Oil and Gas Limited ("FOGL") - Recommended Combination with Desire Petroleum plc

Falkland Islands Holdings plc the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics and which has approximately a 4% shareholding in Falkland Oil and Gas Limited ("FOGL Shareholding") draws shareholders' attention to the announcement by FOGL of a Recommended Combination with Desire Petroleum plc ("Transaction"). The Board of FIH supports the Transaction and an irrevocable undertaking has been given to vote its FOGL shareholding in favour of the resolutions required to effect the Transaction.

- Ends -

Enquiries:

Falkland Islands Holdings plc

   David Hudd, Chairman                                                           Tel: 01279 461 630 

John Foster, Managing Director

WH Ireland Ltd. - NOMAD and Broker to FIH

   Adrian Hadden / Nick Field                                                     Tel: 0207 220 1666 

FTI Consulting

   Edward Westropp / Georgina Goodhew                                   Tel: 020 7831 3113 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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