African Petroleum Corporation Limited ("African Petroleum" or the "Company") advises that
33,334 new ordinary shares have been issued to a current employee of the Company upon the
exercise of share options at a price of NOK 1.70 per share.
The new shares will be issued in the VPS on the Company's ordinary ISIN AU000000AOQ0. The
New Shares have been validly and legally issued as fully paid shares in accordance with Australian
law and the Constitution of the Company. As a result of the share capital increase, the Company
has 151,207,538 shares in issue. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in the Company. The shares of the Company have no par
value.
For further information, please contact:
Jens Pace, Chief Executive Officer
Stephen West, Chief Financial Officer
Tel: +44 20 3655 7810
Angeline Hicks, Company Secretary
Tel: + 61 401 489 883
Media Contacts:
Buchanan
Ben Romney/Chris Judd
Tel: +44 207 466 5000
About African Petroleum
African Petroleum is an independent oil and gas exploration company with an equity interest in
eight licences in four countries offshore West Africa (Senegal, The Gambia, Côte d'Ivoire and
Sierra Leone). The Company's assets are located in proven hydrocarbon basins in the West
African Transform Margin and the Atlantic Margin, where several discoveries have been made in
recent years.
For more information about African Petroleum, please see www.africanpetroleum.com.au