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(NWN.L) Newmarket Investments PLC Buy/Sell

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(PRN) 2009-09-21 07:02
Newmarket Investments plc - Statement re Temporary Suspension and Update
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NEWMARKET INVESTMENTS PLC

STATEMENT RE TEMPORARY SUSPENSION AND UPDATE

Newmarket Investments plc (the "Company") announces that it will be unable to post its annual audited accounts for the year ended 31 March 2009 by 30 September 2009 and therefore is unable to comply with Rule 19 of the AIM Rules for Companies. The Company's shares have been temporarily suspended from trading on AIM until such time as the audited accounts are published and posted to shareholders in compliance with the AIM Rules. The directors anticipate that this will occur by the end of October 2009.

The delay in publishing the accounts has occurred as a result of discussions with the Company's auditor in respect of the going concern of the Company.

Update

The Company is currently looking at a number of opportunities in both the leisure and property sectors which may lead to an injection of additional funds into the Company. A further announcement will be made when it is appropriate to do so.

For further information please visit www.newmarketinvestmentsplc.com or contact:


Jonathan Cohen Newmarket Investments plc Tel: 020 7486 8985
Aaron Smyth/Liam Murray Dowgate Capital Advisers Ltd Tel: 020 7492 4777
Neil Badger Dowgate Capital Stockbrokers Ltd Tel: 01293 517 744

END

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