STOCKS NEWS UK SMALL-Silence Thera falls on lack of deal news

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11:23GMT 01Apr2009-Silence Thera falls on lack of deal news

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Shares in gene company Silence Therapeutics (SLN.L) fall 14 percent as investors were disappointed that there were no new announcements on licence deal progress alongside the full year results.

"I think it's just a little bit of disappointment that there's not more of an insight into what deals could be achieved," says Matrix analyst Navid Malik.

Nomura, which has a 'buy' on the stock, says: "We had expected more AstraZeneca-like deals to be completed in 2008 and continue to expect them in 2009."

To see Silence Therapeutics' statement please click on [ID:nPRrV473Da]

Reuters messaging rm://ben.deighton.thomsonreuters.com@reuters.net

10:21GMT 01April2009-Kalahari up; Polo increases Extract interest

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Shares in Kalahari Minerals (KAH.L) gain nearly 11 percent as Polo Resources continues its stake building in Extract Resources (EXT.AX) (EXT.TO), in which Kalahari Minerals has a 38.85 percent stake.

Polo Resources has now taken its interest in Extract to 6.8 percent after it announced on Tuesday that it had raised its holding to 5.7 percent.