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Chester Holdings to Hold Special Shareholders' Meeting
Wednesday September 28, 2:51 pm ET

SIMPSONVILLE, S.C.--(BUSINESS WIRE)--Sept. 28, 2005--Chester Holdings Ltd. (Pink Sheets:CHES - News) announced today that there will be a Special Meeting of Shareholders to be held at 222A Ladean Court, Simpsonville, SC at 1 p.m. Eastern time on Monday, Oct. 10, 2005. The meeting will be held to vote on the reorganization of Chester Holdings Ltd. and the proposed merger with Signal Energy Inc. Notification to all shareholders has been sent by mail. Pending shareholder approval, the merger is expected to close by Oct. 11, 2005.

Signal Energy Inc. is a U.S.-based company dedicated to the goal of being a large independent in the exploration and production of oil and natural gas. The company's mission is to create value for its shareholders by applying strong technical expertise to strategies that will unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently.

Disclaimer: The company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

Chester Holdings
Michael O'Shea, 864-228-2222

Source: Chester Holdings Ltd.

Posts: 274 | From: union,nj,usa | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator

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