Petro Matad Regulatory News (MATD)

Petro Matad Limited - "Petro Matad" or the "Company"

Director Dealings

Petro Matad has been notified that Mr Clyde Evans has today purchased 200,000 ordinary shares of US$0.01 in the Company ("Ordinary Shares") at a price of 20 pence per Ordinary Share.

Following this purchase Mr Evans has a beneficial interest in 3,982,377 Ordinary Shares, representing approximately 3.18% of the Company's issued share capital.

Mr Evans' interest in the Company is held both directly and through an interest in the Evans Family Superannuation Fund.

Note to Editors:

About Petro Matad Limited

Petro Matad is the parent company of a group focused on oil exploration, as well as future development and production in Mongolia. The group holds the sole operatorship of three Production Sharing Contracts with the Government of Mongolia. The principal asset is the PSC for Block XX, a petroleum block of 14,250km² in the far eastern part of the country. The two other blocks, IV and V are located in central Mongolia and jointly cover 73,498km².

Petro Matad Limited is incorporated in the Isle of Man under company number 1483V. Its registered office is at Victory House, Prospect Hill, Douglas, Isle of Man, IM1 1EQ.