ASX: CVI/CVIO NASD OTCBB: CTVWF FSE: C4Z January 21, 2008 QUEST ENERGY MIDDLE EAST LIMITED CityView Corporation Limited (“CityView”) advises that the restructuring of its holding in Quest Energy Middle East (“Quest”) Limited has been successfully completed. Under the new arrangements, CityView will own 1,205,000 shares of the 1,700,000 issued shares (70.9%) of European Oil Limited (“EOL”) which in turn owns 6% of Quest. N. Hoexter and P. de Chazal have been appointed to the Board of EOL. Quest is connected to the powerful financial community of Dubai and Abu Dhabi and is of great assistance to CityView. Mark Smyth Chief Executive Officer Level 9, 28 The Esplanade, Perth, Western Australia, 6000 PO Box 5643 St George’s Terrace, Perth, Western Australia, 6831 Telephone: (61-8) 9226 4788 Facsimile: (61-8) 9226 4799 Email: [email protected] Web: www.cityviewcorp.com ABN: 59 009 235 634 ACN: 009 235 634
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