CMM Commoditrade

RNS Number:9487B
Commoditrade Inc.
13 August 2007

13 August 2007

                               Commoditrade Inc.

                       ("Commoditrade" or "the Company")

                                     Update

The Company announced on 1 May 2007 that active discussions were continuing with
a number of interested parties which may or may not lead to an offer for the
Company.  The Company confirms that these discussions are ongoing.


In addition and in parallel, the Company confirms that it is also in discussions
with potential financial partners to secure additional capital for the Company,
which will enable it to pursue a number of identified growth opportunities and
other potential strategies to generate enhanced shareholder value.  On the basis
of the Company's discussions to date with these parties as well as the
interested parties referenced above, there can be no assurances that a
transaction will ultimately be concluded.


Commenting, Graham Butt, Chief Executive Officer of Commoditrade said:


"While discussions with interested parties continue, we believe it is in the
best interest of Commoditrade and its shareholders to concurrently pursue its
strategy to conclude a transaction that will enhance the growth potential of the
Company and at the same time generate significant shareholder value."


-ends-



Enquiries:

John Bick        m: +44(0)7917 649362




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