United Energy PLC - Response to Press Reports
January 17 2000 - 4:39AM
UK Regulatory
RNS Number:8695D
United Energy PLC
17 January 2000
The Board of Directors of United Energy notes the speculation caused by press
reports that the Company could be used as an investment vehicle for internet
ventures.
The Board confirms that suitable acquisitions are being looked for, but that
these acquisitions may be sourced from sectors other than the internet. The
current net asset value of the Group remains in the region of 10 pence per
share.
Enquiries: Nick Tamblyn, Chief Executive - 01242 253773
END
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