Supreme Ventures Ltd.(SVL)- Late Audited Financials

Supreme Ventures Limited has advised that the submission of its Audited Financials for the year ended 31st October 2007 will be delayed. There have been challenges meeting the deadlines with respect to the receipt of documentation required by its Auditors to finalize the audit, due to the intervening Christmas and New Year holidays during the audit period. It is the Company’s intention to submit to the JSE and publish the audited financials no later than Friday, 11th January 2008.