Placing of Shares - Update

29 May 2007 11:44

Hardy Oil & Gas plc29 May 2007 Immediate Release 29 May 2007 Hardy Oil and Gas plc Hardy Oil and Gas plc ("Hardy" or the "Company") Update - Placing of Shares Following the Company's announcement on Friday 25th relating to placing of up to4,964,540 new ordinary shares ("Placing Shares"). The Board is pleased toconfirm that all Placing Shares have been placed at the placing price of 423pand application will be made to the London Stock Exchange for them to beadmitted to trading on AIM. It is expected that Admission will occur, and dealings in the Placing Shareswill begin, on 4 June 2007. For further information please contact: Arden Partners plcRichard Day / Steve Pearce 0207 398 1632 Buchanan CommunicationsMark Edwards / Ben Willey 0207 466 5000 This information is provided by RNS The company news service from the London Stock Exchange