Change of Adviser

White Nile Limited 18 March 2005 White Nile Limited ('White Nile' or 'the Company') Change of Adviser The Board of White Nile Ltd is pleased to announce the appointment of Numerica Capital Markets Ltd ('Numerica') as its new nominated adviser with immediate effect and wishes to thank Grant Thornton for their endeavours in listing the Company earlier this year. Numerica is currently working on the new admission document and anticipate circulating it to the Company's shareholders as soon possible. This information is provided by RNS The company news service from the London Stock Exchange