Blocklisting Six Monthlyt Return

Name of applicant:

Oilexco Inc

Name of scheme:

Stock Option Plan 

Period of return:

From:

20 March 2008

To:

7 November 2008

Balance of un-allotted securities under scheme(s) from previous return:

17,412,283

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

6,378,717

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

3,126,000

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

20,615,000

Name of contact:

Edward Dawson

Telephone number of contact:

02077471504