Issue of Equity

4 Jun 2008 16:51



NIGHTHAWK ENERGY PLC

ISSUE OF EQUITY

The Directors of Nighthawk Energy plc ("Nighthawk" or the "Company") (AIM: HAWK) announce that, following the receipt of a notice of conversion of warrants in the Company at 9p per share, they have allotted 1,428,571 new ordinary shares of 0.25p each in the Company.

Application has been made for the 1,428,571 new shares to be admitted to AIM, which is expected to take place on 10 June 2008.

Following the conversion of the warrants, there are 205,543,623 ordinary shares of 0.25p in issue with each share carrying the right to one vote. There are no outstanding warrants in the Company.

Enquiries: