RNS Number:1253P
Latitude Resources plc
29 February 2008


                            NEWS RELEASE 29-02-08

              Latitude Resources plc ("Latitude" or the "Company")

                                  Trading Update

The Company is pleased to announce that it has now sold its remaining investments. 
Following this sale, the Company has gross cash of approximately �16.5m cash before 
expenses and tax.

The Company also wishes to announce that it will be publishing its interim results 
for the six months ending 31 
December 2007 on 31 March 2008.


For further information please contact:

Latitude Resources plc
Martyn Konig (Chief Executive Officer)   Phone: +44 (0) 20 7087 7971
                                         Fax: +44 (0) 20 7734 3870
                                         Email: info@latituderesources.com


Evolution Securities Limited
Rob Collins/Neil Elliot                  Phone: +44 (0) 20 7071 4300
                                         Fax: +44 (0) 20 7071 4451
                                         Email: robert.collins@evosecurities.com





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

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