Press Releases

21.04.2008
Block Admission

Afren Plc (“Afren” or the “Company”) announces that an application has been made for the admission to trading on AIM of the block admission of 10,000,000 ordinary shares of 1p each in the Company ('Ordinary Shares'), which may be allotted and issued in due course in relation to the vesting of options granted under the rules of Afren's 2005 and 2008 share schemes.

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14.04.2008
Results of Extraordinary General Meeting

London, 14 April 2008 - The Board of Afren plc is pleased to announce that the resolutions proposed at the Company's EGM held today were duly passed by shareholders.

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03.04.2008
Proposed Placing of Approximately 95 million New Ordinary Shares

Afren plc ("Afren" or the "Company") announces today its intention to place approximately 95 million new Ordinary Shares, representing approximately 35 per cent. of Afren's issued ordinary share capital immediately prior to the Placing, with both new and existing institutional investors (the "Placing Shares").

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03.04.2008
Result of Placing - GBP118.75 million Raised

Afren plc ("Afren" or the "Company") announces that it has raised GBP118.75 million before commissions and expenses by the placing completed today of 95 million new ordinary shares of 1 pence each in the capital of the Company (the "Placing Shares") with institutional investors at 125 pence per share (the "Placing"). Merrill Lynch International (“Merrill Lynch”) is acting as sole bookrunner and Jefferies International Limited (“Jefferies”) is acting as a co-lead manager, in relation to the Placing.

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01.04.2008
Appointment of Merrill Lynch International

London, 1 April 2008 - The Board of Afren plc is pleased to announce the appointment of Merrill Lynch International as Joint Corporate Broker, effective immediately.

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