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Sunday 22 November 2009

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(THAL.L) Thalassa Holdings Ltd Buy/Sell

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Summary

Current Market Information

Time: 08:30

Bid	50.00
Ask	55.00
Price	52.50
Previous	52.50
Change	+0 (0.0000%)
Last Trade	52.50 (16:30:10)
Trading Vol.	0
Today's High	52.50
Today's Low	52.50

52 Wk Low	50.00
52 Wk Low	(20/01/2009)
52 Wk High	52.50
52 Wk High	(21/11/2008)
52 Wk Change	n/a
52 Wk Change	(n/a%)
4 Wk Volume	0
ISIN Number	VGG878801031
Currency	GBX

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Performance Graph
3 month closing prices

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Fundamentals
Operating Profit (m)

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Sector Heat Map

1 Month Biggest Movers

HMS.L +2.02	POS.L +1.12	VELO.L +0.54	PFC.L +0.10
THAL.L +0.00	FRO.L -3.12	KENZ.L -3.69	AMEC.L -3.88
KBC.L -4.71	WG-.L -5.43	LAM.L -6.05	POGL.L -8.33
HTG.L -8.95	WSM.L -10.83	PTG.L -13.82	GTC.L -14.63
RHEP.L -15.15	OHM.L -17.07	SOGP.L -19.23

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Recent News
Date/Time	Headline	Source
05-11-09	Thalassa Holdings - Trading Update	RNS
RNS Number : 9935B Thalassa Holdings Limited 05 November 2009 Thalassa Holdings Ltd ("Thalassa " or "the Company ") Trading Update Realised gains from investing activities in Thalassa Public Investments Ltd are in excess of $0.5 million (ROI of 55.4%) year to date and there are currently substantial further unrealised gains. I am happy to report that results from initiatives undertaken by the Board to mitigate the delayed deployment of the Company's seismic equipment, due to the collapse in oil prices, have exceeded the Board's expectations. Corporate overhead remains low and the Board anticipates that the Company will be in a position to report a profit for 2009 versus a small loss for 2008. The Company has three operating subsidiaries as follows:- `1. Thalassa Public Investments Ltd ("TPuIL")` Since TPuIL began trading and investing in quoted and unquoted equities in the first quarter, performance has surpassed the Board's expectations by a substantial margin. As at 31 October 2009, realised gains amount to in excess of $500,000; unrealised gains as at 31 October are of the same magnitude. TPuIL has also received dividend income, net of withholding tax, of in excess of $87,000. Duncan Soukup, Chairman, said: "I believe that the 'easy' money phase of the recovery is behind us and that the old adage that past performance is not an indicator of future performance could not be truer for the remainder of this year and into 2010. To this end we have begun hedging our positions (buying insurance) to protect against any sudden market sell off such as the 2.5% decline that we experienced on 31 October 2009." `2. Thalassa Private Investments Ltd ("TPrIL")` As announced on 26 October 2009, TPrIL has taken a 27% stake in Bella Media plc ("Bella Media") a cash shell which recently delisted from AIM. In connection with this investment, Julian Henley-Price and Duncan Soukup have joined the Board of Directors. The objectives of Bella Media are to seek re-admission to trading on AIM and/or PLUS Markets and to acquire a growth business. Whilst seeking a qualifying acquisition, Bella Media will endeavour to build value by acquiring positions in quoted companies that appear undervalued to the Board of Bella Media. TPrIL is currently reviewing a number of other opportunities which may or may not lead to transactions. `3. Thalassa Energy Services Ltd` Since peaking at $140 in 2008 oil prices fell ~75% to ~$34 and have since doubled to current levels of ~$70 per barrel. Unfortunately, volatility such as the oil industry has experienced over the past year is not conducive to long term budgeting on the scale that the oil industry operates. The impact on exploration and production companies was immediate and severe and resulted in spending freezes, budget reviews, budget cuts and delays of up to 18 months on major capital expansion programmes that were due to have come on line in 2008/2009 but which have been delayed until 2010/2011. Duncan Soukup, Chairman, said: "Fortunately I now believe that delayed projects are back on track as enquiries for our Portable Modular Source System (PMSSTM) for use in Life of Field Seismic (LoFS) projects are increasing and we have recently submitted bids on a number of substantial potential contracts." Contact: `Duncan Soukup, Executive Chairman Tel: + 44 (0) 7703 566 937` Thalassa Holdings Ltd `Simon Leathers/Tessa Smith Tel: + 44 (0) 20 7776 6550` Daniel Stewart & Company plc Notes to Editor: Thalassa Holdings Ltd, incorporated and registered in the BVI in 2007 and listed on AIM in July 2008, is a holding company with diversified interests in quoted and unquoted companies, including Marine Seismic. This information is provided by RNS The company news service from the London Stock Exchange END TSTUSSKRKORARAA More
26-10-09	Thalassa Holdings - Investment in Bella Media PLC	RNS
RNS Number : 3301B Thalassa Holdings Limited 26 October 2009 Thalassa Holdings Ltd ("the Company") Investment in Bella Media plc The Board of Thalassa Holdings Ltd (AIM: THAL.L) is pleased to announce that, on 9th October, the Company's subsidiary, Thalassa Private Investments Ltd, has taken, via a subscription of £150,000 for new shares, a 27% stake in Bella Media plc, a cash shell, containing c. £550,000 of cash, which recently delisted from AIM. In connection with this investment Duncan Soukup and Julian Henley-Price have joined the Board of Directors of Bella Media plc. The objectives of Bella Media plc are to seek re-admission to trading on AIM and/or PLUS Markets and to acquire a growth business. Whilst seeking a qualifying acquisition, Bella Media plc will endeavour to build value by acquiring positions in quoted companies that appear undervalued to the Board of Bella Media plc. Commenting on the transaction, Duncan Soukup said "The acquisition of 27% of Bella Media plc is the first of a number of private equity transactions that we have been working on to close. We are looking forward to working to further shareholders' interests as part of the enlarged Board of Bella Media plc and believe that a quoted "Cash Shell" offers an interesting and cost effective alternative to a an IPO where there is no guarantee that admission or a fund raising will succeed. We will be actively seeking to acquire a business with sustainable growth prospects." "Neither I nor the Board of Bella Media plc have any interest in depleting the Company's cash reserves whilst the acquisition process is ongoing; to this end Bella Media plc has set up an investment subsidiary to acquire holdings in publicly quoted companies which the Bella Media plc Board deem to be undervalued." Contact: `Duncan Soukup, Executive Chairman Tel: + 44 (0) 7703 566 937` Thalassa Holdings Ltd `Simon Leathers Tel: + 44 (0) 20 7776 6550` Daniel Stewart & Company plc Notes to Editor: Thalassa Holdings Ltd, incorporated and registered in the BVI in 2007 and listed on AIM in July 2008, is a holding company with diversified interests in quoted and unquoted companies, including Marine Seismic. This information is provided by RNS The company news service from the London Stock Exchange END MSCBUBDGUUDGGCX More
21-10-09	Thalassa Holdings - Change of Adviser	RNS
RNS Number : 1213B Thalassa Holdings Limited 21 October 2009 Thalassa Holdings Ltd ("the Company") Change of Adviser The Board of Thalassa Holdings Ltd (AIM: THAL.L) is pleased to announce the appointment of Daniel Stewart & Company plc as the Company's Nominated Adviser and Broker, with immediate effect. Contact: `Duncan Soukup, Executive Chairman Tel: + 44 (0) 7703 566 937` Thalassa Holdings Ltd `Simon Leathers Tel: + 44 (0) 20 7776 6550` Daniel Stewart & Company plc Notes to Editor: Thalassa Holdings Ltd, incorporated and registered in the BVI in 2007 and listed on AIM in July 2008, is a holding company with diversified interests in quoted and unquoted companies, including Marine Seismic. This information is provided by RNS The company news service from the London Stock Exchange END APPILFERIRLIFIA More
10-09-09	Thalassa Holdings - Change of Adviser	RNS
RNS Number : 8107Y Thalassa Holdings Limited 10 September 2009 THALASSA HOLDINGS LTD CHANGE OF ADVISER Following the acquisition of Dowgate Capital plc by Astaire Group plc, Thalassa Holdings Ltd (the "Company") announces that it has changed its nominated adviser and broker to Astaire Securities plc with immediate effect. For further information please contact: `Duncan Soukup Thalassa Holdings Ltd Tel: +33 (0) 678 632 689` `Lindsay Mair Astaire Securities plc Tel: +44 (0) 20 7448 4400` This information is provided by RNS The company news service from the London Stock Exchange END APPILFERAAIAIIA More

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