RNS Number:3884O
Ennex International PLC
06 August 2003


                       Ennex International plc ('Ennex')


                  Disposal of Interest in Faroe Petroleum plc


Ennex is pleased to announce it has completed the sale of its interest in Faroe
Petroleum plc for a total cash consideration of approximately US$820,000 being
equivalent to its carrying value.


6 August 2003

Press queries to:

Brian Cusack, Chairman

Tel: + 353 (0) 61 314 611 or + 353 (0) 87 257 5476 (mobile)


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