Change of Adviser

White Nile Limited 18 May 2006 White Nile Ltd / Ticker: WNL / Index: AIM / Sector: Oil & Gas 18th May 2006 White Nile Ltd ('White Nile' or 'the Company') Change of Advisor White Nile Ltd, the AIM listed oil and gas exploration company, is pleased to announce the appointment of Seymour Pierce as its Nominated Adviser and Broker with immediate effect. Seymour Pierce is replacing Numerica Capital Markets Ltd ('Numerica') which ceased to act as a nominated advisor for AIM companies from close of business yesterday. White Nile Chairman Phil Edmonds said: "The Board wishes to thank the team at Numerica for all the hard work and great support they have given White Nile. They were instrumental in assisting the Company in the admission process and have provided great advice when needed. We are very pleased to be working with Seymour Pierce and look forward to the future." * * E N D S * * Contacts: Phil Edmonds White Nile Ltd Tel: 0845 108 6060 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange