Frontera Resources Regulatory News (FRR)

5 May 2006 07:00

Frontera Resources Corporation05 May 2006 May 5, 2006 NOTICE OF ADMISSION OF COMMON SHARES TO CREST SETTLEMENT SYSTEM Houston, Texas U.S.A. (May 5, 2006): Frontera Resources Corporation (LondonStock Exchange, AIM Market Symbol: FRR), an independent oil and gas explorationand production company today provides notice of admission of common shares tothe CREST Settlement System. With effect from May 5, 2006 Frontera shareholders who are members of CREST willbe able to hold and transfer interests in Frontera common shares, par valueUS$0.00004 per share (ISIN number USU3144D1091) (the "Shares") within CREST,pursuant to a depositary interest arrangement established by the Company throughCREST's electronic settlement system. CREST is a paperless settlement procedure enabling securities to be evidencedotherwise than by certificate and transferred otherwise than by writteninstrument. If CREST members wish to avail themselves of this facility, they can do so byinputting a stock deposit in the usual way. For more information regarding thedetails of this facility, please visit www.crestco.co.uk or call +44 (0)845 9645648. About Frontera Frontera Resources Corporation is an independent Houston, Texas, U.S.A.- basedinternational oil and gas exploration and production company whose strategy isto identify and operate opportunities in emerging markets around the world. Formore information, please see www.fronteraresources.com . This release contains certain forward-looking statements, including, withoutlimitation, expectations, beliefs, plans and objectives regarding the potentialtransactions and ventures discussed in this release. Among the important factorsthat could cause actual results to differ materially from those indicated bysuch forward-looking statements are future legislation, regulation or otherpronouncement from the United States Securities Exchange Commission or theLondon Stock Exchange. There is no assurance that Frontera's expectations willbe realized, and actual results may differ materially from those expressed inthe forward-looking statements. The Shares and the depositary interests representing the Shares are restrictedsecurities within the meaning of Rule 144 under the U.S. Securities Act of 1933.Transfer of these securities is prohibited, except in accordance with theprovisions of Regulation S, pursuant to registration under the U.S. SecuritiesAct, or pursuant to an available exemption from registration. This release does not constitute an offer to sell or the solicitation of anoffer to buy the Company's securities in any jurisdiction in which such offer isunlawful. Enquiries Citigate Dewe Rogerson (+44 20 7638 9571) Martin Jackson This information is provided by RNS The company news service from the London Stock Exchange