Investment in Gasol plc

Blue Star Capital plc 16 March 2005 For immediate release 16 March 2005 BLUE STAR CAPITAL PLC ('Blue Star' or 'the Company') Investment in Gasol plc Blue Star Capital plc (AIM: BLU), the company created to provide seed capital for early stage companies, is pleased to announce it has taken a 34.01 per cent stake in Gasol plc ('Gasol'), a company that today begins trading on the AIM market of the London Stock Exchange. Blue Star led the formation of Gasol (AIM: GAS), a newly formed company seeking acquisitions and investment opportunities in the oil and gas sectors. Blue Star has invested £300,000 in Gasol, in return for 34.01 per cent of the company's shares. Nigel Robertson, Blue Star Capital's Chairman, said: 'Gasol is the latest company that we have successfully formed and floated at Blue Star, and one that takes us into the attractive oil and gas sectors. I am particularly delighted by the quality of the shareholder base we have attracted to Gasol, including Artemis Investment Management as a key investor.' For further information: Blue Star Capital plc Tel: 020 7070 7283 Nigel Robertson, Chairman Haresh Kanabar, Chief Executive Durlacher Limited Tel: 020 7459 3600 Jonathan Retter Katherine Roe Buchanan Communications Tel: 020 7466 5000 Mark Court Elly Williamson Notes for editors About Blue Star Capital plc Blue Star Capital plc was formed in 2004 as a vehicle to provide initial seed capital for the development of early stage companies. Blue Star joined the AIM market of the London Stock Exchange, under the ticker symbol BLU, in October 2004 and has since made significant investments in four newly formed companies: India Outsourcing Services plc, Black Raven Properties plc, Gordian plc and Gasol plc. All of these companies have been admitted to the AIM market and underline the Company's strategy of making investments across a variety of sectors. Blue Star has a highly capable Board, led by Executive Chairman Nigel Robertson, with significant experience of identifying, evaluating and securing business opportunities and of forming, funding and floating companies. Blue Star intends to achieve capital appreciation from a portfolio of quoted and unquoted investments in businesses that offer strong growth prospects and a defined timeframe to exit. This information is provided by RNS The company news service from the London Stock Exchange