Energees Investments And Regal Petroleum

LONDON, February 6, 2011 - - Following the announcement on 10 December 2010 of a recommended cash offer for Regal, Energees Investments (the principal holding company of the Smart Holding Group) and Regal are pleased to announce that they have reached agreement on the terms of a revised, increased, recommended partial cash offer to be made by Energees Management.