Exercise of Options

22 Nov 2006 10:31

Max Petroleum PLC22 November 2006 Max Petroleum Plc ("the Company") Exercise of Options The Company announces that options have been exercised over 2,500,000 newOrdinary Shares of 0.01p each. Application has been made to the London StockExchange for these shares to be admitted to trading on AIM, which is expected totake place on 27 November 2006. 22 November 2006 nquiries: Max Petroleum PLC Michael B. Young T: +44 (0)20 7355 9590 Chief Financial Officer Peter Moss T: +44 (0)7834 572837 Investor Relations Manager Pelham Public Relations Charles Vivian T: +44 (0)20 7743 6672 E : Charles.vivian@pelhampr.com Alisdair Haythornthwaite T: +44 (0)20 7743 6676 E: alisdair.haythornthwaite@pelhampr.com WH Ireland Ltd Paul Dudley T : +44 (0) 20 7220 1666 E : paul.dudley@wh-ireland.co.uk James Joyce T : +44 (0) 20 7220 1666 E : james.joyce@wh-ireland.co.uk This information is provided by RNS The company news service from the London Stock Exchange