DECA

Acquisition / Suspension

White Nile Limited 16 February 2005 White Nile Ltd ('White Nile' or 'the Company') Acquisition of oil assets and request for suspension White Nile Limited has concluded an agreement with the Government of South Sudan, through its national oil company Nile Petroleum Company Limited, to acquire a 60 per cent. interest in the 67,500 sq km Block Ba, which contains part of the Muglad basin in South Sudan. Full information on this transaction will be published as soon as possible and pending such publication the directors of White Nile have requested a temporary suspension of trading on AIM of the Company's shares. The Company anticipates publishing full information by the end of Friday 18 February. This information is provided by RNS The company news service from the London Stock Exchange