Litigation Update

16 Jun 2006 07:00

Ramco Energy PLC16 June 2006 Ramco Energy plc Litigation Update Ramco Energy plc ("Ramco" or the Company) Ramco is pleased to announce that, following the decision in its favour in theTenge case in the Texas Court of Appeals last week, yesterday it receivedconfirmation from the Court of Session in Scotland that all inhibitions andarrestments placed on the Company and its assets have been lifted. The Court of Session also accepted Ramco's claim for recovery of its expenses inthe Scottish proceedings. The amount recoverable will be determined at a futuredate by the Auditor of Court after detailed review of the expenses by Ramco'slaw accountants. Ramco has also presented an uncontested motion to the Texas Court for the returnof all share certificates and other documents it had turned over to that Court. 16 June 2006 ENQUIRIES: Ramco Energy plcSteven Bertram Managing Director 01224 352 200 College Hill - LondonNick Elwes 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange