Pensana PlcLSE: PRE

Statement re. Press Comment

· Issued by Pensana Plc
Pan Andean Resources PLC 08 June 2004 Pan Andean Resources has noted press comment today concerning the Company proposing to conduct a fundraising. The Company can confirm that it is in the final stages of concluding a fundraising and will make a further announcement in due course. This information is provided by RNS The company news service from the London Stock Exchange