Rurelec to Buy Remaining 50% of Argentina's Energia del Sur

CORDOBA, ARGENTINA--June 20, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Rurulec PLC (LON:RUR) (London) recently announced that has signed a conditional agreement to buy the remaining 50% of Energia del Sur S.A. (EDS) (Chubut, Argentina). The purchase would be carried out with an initial $12 million cash payment, a further payment of $3 million after three months and $10 million due in one year.

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