Holding(s) in Company
Livermore Investmens Press Release 2007 / Director/PDMR S/hldg - Amend
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04 January 2007

Empire Online Limited
Director/PDMR S/hldg - Amend

Empire Online Limited

This announcement replaces the Directors's Dealing announcement (RNS Number: 0245P) released at 17.32pm on 4 January 2007. The changes to the announcement are as follows:

Mr Lanir is interested in approximately 34.5 per cent of the issued share capital of the Company. The full amended text appears below.

Empire Online Limited ("Empire Online" or "the Company")

Empire Online has been notified that Noam Lanir, Chief Executive Officer of the Company, has acquired 4,000,000 ordinary shares in the Company (“Ordinary Shares”) at an average price of 42.69p per share.

Following this acquisition Noam Lanir is interested in 101,116,837 Ordinary Shares, representing approximately 34.5 per cent. of the issued share capital of the Company. Mr Lanir is interested in these shares by virtue of the fact that he owns directly or indirectly all of the issued share capital of Groverton Management Limited, which has made the acquisition of Ordinary Shares.

As provided for in the Company’s articles of association, the independent directors of the Company have consented to this acquisition and Groverton Management Limited is not therefore required to make an offer to all shareholders on matching terms.


Andrew Burns, CFO+357 25 84 77 00