Afren

Afren PLC ("Afren" or "the Company"), the Africa-focused independent oil and gas company, today announces that its brokers, Bridgewell Securities Limited and Jefferies International Limited, have placed 24,444,441 new ordinary shares with a range of institutional investors. The new shares ("the Placing Shares") were placed at a price of 45p per share, raising £11.0 million (before expenses) for the Company ("the Placing"). Application has been made to AIM for the Placing Shares to be admitted to trading, which is expected to commence on 22 December 2005.

Afren PLC ("Afren"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, announces it has signed an agreement to farm in to the Akepo field, offshore Nigeria.

Afren PLC ("Afren"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, which listed on AIM in March 2005, announces the appointment of Robert Cathery as non-executive director with immediate effect.

Afren plc ("Afren" or "the Company") (AIM:AFR), the independent oil and gas exploration, development and production company, announces its maiden set of interim results.

Afren PLC ("Afren"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, announces the signature of a Financing and Production Sharing Agreement with Bicta Energy & Management Systems Limited ("Bicta") for participation in the development of the Ogedeh Field, offshore Nigeria ("Ogedeh").

Afren PLC ("Afren" or the "Company"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, which listed on AIM in March 2005, announces the appointment of a non-executive Chairman.

Afren PLC ("Afren" or the "Company"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, announces the acquisition of two licence interests in Gabon.

Afren PLC ("Afren" or "the Company"), the Africa-focused independent oil and gas company, today announces the successful placing of 21,400,000 shares at 35p with institutional investors, raising £7.5 million (before expenses) in working capital. An application has been made to AIM for the new ordinary shares to be admitted and it is expected that trading will commence on 4 July 2005.

The Company announces that on 1 July 2005, it was notified of the following: As at 1 July 2005, Lansdowne Partners Limited Partnership, on behalf of client funds that it manages, held 12,410,000 Ordinary Shares in the Company, representing 7.68% of the total issued share capital of the Company.

AFREN PLC Announces the following Management, Corporate and Operational News Afren plc ("Afren" or the "Company"), an independent oil and gas company focused on establishing itself as the leading pan-African exploration and production company, which listed on AIM in March 2005, announces the following management, corporate and operational news.

Afren plc ("Afren" or the "Company"), an independent oil and gas company, announces the completion of a Share Sale Agreement giving it a participation in an effective 4.41 per cent interest in 'Block 1' of the Nigeria - Sao Tome & Principe Joint Development Zone "JDZ".

Afren plc ("Afren" or the "Company") an independent oil and gas exploration and production company, announces that its Ordinary Shares are due to start trading on AIM at a price of 20 pence per share on Monday 14 March 2005. The Company's initial market capitalization will be approximately £25.9 million. Canaccord Capital (Europe) Limited is the Nominated Adviser and Broker.