GIP Gippsland

RNS Number:6501I
Gippsland Limited
28 November 2007

28 November 2007

Gippsland Limited (the "Company")

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Letter to Option holders

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The Company has sent a letter to holders of its AIM and ASX listed Options which
are exercisable before 31 December 2007 at a price of A$0.09 (nine cents) each.

A copy of this letter is available on the ASX website www.asx.com.au

For further information please contact:

Jack Telford  Gippsland Limited                      T: +61 (0)8 9340 6000
Fiona Owen    Grant Thornton Corporate Finance       T: +44 (0)20 7383 5100




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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