Completion of Everthriving Acquisition

30 November 2010

FORTUNE OIL PLC

("Fortune Oil" or the "Company")

Completion of Acquisition of Everthriving Energy Technology

Further to the update issued on 14 October 2010, Fortune Oil is pleased to announce that the Joint Venture Agreement, Joint Venture Articles of Association and Share Subscription Agreement between Fortune Oil and Everthriving Investment Group with regards to the subscription for 65% of the issued share capital of Beijing Everthriving Energy Technology Co., Ltd have been approved by the relevant Chinese authorities.

For further details: