Top Ten Retail Investor Buys & Sells for week ending 31 August 2007

Angus Rigby, Chief Executive Officer, TD Waterhouse, commented: Investor interest has been high in resource stocks this week, with a number of TD Waterhouse customers taking the opportunity to increase exposure to the oil and gas sector by buying heavily into Petrel Resources. Share price in the Company is hitting annual highs of 148.50p, up over 219 per cent this year on last.

However, some of our other customers took this opportunity to take profits with Meridian Petroleum and Max Petroleum reaching number six and eight respectively on our sells list. Share price in Meridian which is due to announce its interim results next Thursday is up over 5 per cent on last week, possibly boosted by reports that commercial sales at its Orion 36 well in Michigan; USA are exceeding initial expectations. Meanwhile, Max Petroleum’s share price continues to slump further from last week, down over 10 per cent, a slide of almost 50 per cent month on month.

Elsewhere on the markets, investors sold off stock in solar cell producer Renesola, the Company had recently warned that its financial target for the year could be adversely impacted by a cut in its 2007 production outlook. Profits were surging early this year but August sees share prices down by almost 50 per cent on July, slipping 7 per cent this week. Despite this fall, share growth in the Company is still up by over 70 per cent on the year after stellar gains from production capacity expansion and a number of sales contracts wins.

TD Waterhouse Top Ten Retail Investor Buys & Sells for week ending 31 August 2007

Top 10 Buys
1 Barclays
2 Partygaming
3 Royal Bank of Scotland
4 Northern Rock
5 Petrel Resources
6 Standard Life
7 Tanfield Group
8 BHP Billiton PLC
9 Empyrean Energy
10 Worthington Nichol

Top 10 Sells
1 Partygaming
2 Northern Rock
3 BT Group
4 Barclays
5 BHP Billiton
6 Meridian Petroleum
7 Empyrean Energy
8 Max Petroleum
9 Renesola
10 Lloyds TSB Group

TD Waterhouse Top Ten Retail Investor buys and sells are measured as the number of trades carried out in each stock over the previous 7 days.