Gladstone Pacific Nickel Limited - ACN 104 261 887 (the "Company") - Annual Report and Annual General Meeting

    TORONTO, Oct. 31 /CNW/ - The Company is pleased to announce that its
Annual Report for the year ended 30 June 2008 and the Notice of Annual General
have been posted to shareholders. The Company's Annual General Meeting will
take place at 7.00pm (AEST) on 28 November 2008 at the Company's offices,
Level 7, 380 Queen Street, Brisbane, Australia 4000.
    The Annual Report and the Notice of Meeting will be available for viewing
on the Company's website:

For further information:

For further information: John Downie, CEO, Gladstone Pacific Nickel Ltd,
Tel: +61 (0) 7 3231 7100; Fiona Owen, Grant Thornton UK LLP, Tel: +44 207 383
5100; John Prior, Arbuthnot Securities, Tel: +44 207 012 2000; Email:

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Gladstone Pacific Nickel Ltd.

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