Note Conversion

27 Mar 2008 07:00

Frontera Resources Corporation27 March 2008 Houston, Texas U.S.A. - 27 March, 2008 NOTE CONVERSION Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR;OTCQX Market, U.S.A. - Symbol: FRTE), an independent oil and gas exploration andproduction company, today announced that, pursuant to an exercise of employeestock options, it has applied for the admission of 33,000 new shares of CommonStock to trading on AIM. Following this issue, the enlarged issued share capital of the Company is70,562,314 shares of Common Stock. The new shares, which are expected to beadmitted to trading on March 31, 2008, will rank pari passu with the existingshares. Enquiries: Frontera Resources CorporationLiz WilliamsonVice President Investor Relations and Corporate CommunicationsHouston, Texas U.S.A.Office: +1 (713) 585-3216Email: lwilliamson@fronteraresources.com Brunswick Group LLPPatrick Handley / Mark AntelmeLondon: +44 207 4045959 This information is provided by RNS The company news service from the London Stock Exchange