Weatherly International PLC 14 December 2005 14 December 2005 Weatherly International plc ("Weatherly" or the "Company") Result of EGM Weatherly announces that the resolutions proposed at the extraordinary general meeting (the "EGM") of the Company held today to approve, inter alia, (1) the reverse takeover (the "Acquisition") by the Company of Puku Minerals Limited ("Puku") and (2) the granting to the Directors of authority to allot certain securities including those required in connection with a placing (the "Placing") to investors of 29,312,500 ordinary shares in the Company (the "Placing Shares") at 8 pence per share were all duly passed. The Acquisition and the Placing remain conditional on the admission to trading on AIM of (1) the 40,625,000 ordinary shares in the Company issued to the vendors of Puku (the "Consideration Shares") pursuant to the Acquisition and (2) the Placing Shares. Application has been made to the London Stock Exchange plc for the admission of the Consideration Shares, the Placing Shares and the existing 73,752,093 ordinary shares of the Company (the "Enlarged Share Capital") to trading on AIM. This is expected to become effective on 15 December 2005. Following admission to AIM of the Enlarged Share Capital, certain shareholders of Weatherly (being the vendors of Puku) who are deemed to be acting in concert will have an aggregate holding of 63,972,580 of the Company's ordinary shares, representing 44.5 per cent. of the Enlarged Share Capital. For further information, please contact: Weatherly International plc Rod Webster, Chief Executive +44 (0) 20 7332 2204 Peter Redmond, Non-Executive Director Libertas Capital Brad Cheng / Aamir Quraishi +44 (0) 20 7569 9650 This information is provided by RNS The company news service from the London Stock Exchange