Warrant holders EGM Result

RNS Number:4333V
Xceldiam Limited
24 April 2007

                                Xceldiam Limited
                         ('Xceldiam' or the 'Company')

                      Result of Xceldiam's Warrant holders
                         Extraordinary General Meeting

Xceldiam announces that at the Company's Warrant holders Extraordinary General
Meeting

held earlier today the resolutions relating to the changes to the Warrant
Instrument created by the Company and dated 10 November 2005 (the 'Warrant
Instrument'), being:-

(i)  the change in the subscription price of the warrants which are admitted to
     trading on AIM (the "Warrants") from 50p to 1.7p; and

(ii) the extension of the period in which the Warrants can be exercised by four
     months, to 19 March 2008;

     were duly approved by Warrant holders.

The changes have immediate effect.

All other terms in the Warrant Instrument shall remain unaffected.


For further information please contact

WH Ireland Limited                                            Tel: [phone]
David Youngman/Katy Mitchell

Xceldiam Limited                                            Tel: [phone]
Mark Summers



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