EKFDiagnosticssaidtradinginthesecondhalfof2011wasstrong,withunauditedrevenuesfortheyearendedDecember31stofabout£21。

6m,andtheboardnowbelievesthatadjustedearningsbeforeinterest,tax,depreciationandamortization(EBITDA)willbemateriallyaheadofalreadyrevisedmarketexpectations。

Minoan,atravelandleisurecompany,hassignedanagreementforthepurchaseoftheassetsandbusinessofStewartTravelCentreforaconsiderationof£545,000。

Thefirmpreviouslyannouncedtheacquisitionofa19。

9%interestinStewart。

InthefourmonthperiodtotheendofFebruary,thegroupsbookings,includingStewart,weredown2%andsalescommissionsdown1%relativetothecomparableperiodinthepreviousyear。

Inthesameperiod,salescommissionisapproximately5%aheadofthepreviousyear。

MaxPetroleum,anoilandgasexplorationandproductioncompany,hasannouncedthattheKazakhgovernmenthasgrantedregulatoryapprovaltoconverttheZhanaMakatFieldtofullfielddevelopmentstatus,effectiveimmediately。

FFDapprovalwillallowMaxPetroleumtodevelopandproducetheZhanaMakatFieldforuptoafurther25years,aswellasgrantthecompanyarighttosell80%ofcrudeoilproductionfromZhanaMakatontheexportmarketunderthetermsofitsBlocksAEexplorationandproductioncontract。

Currentexportoilsalesaregeneratingafter-taxnetproceedsthatarearound$22-$25perbarrelhigherthancomparabledomesticsales。

ZhanaMakatiscurrentlyproducingaround2,100barrelsofoilperday。

NR

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