Re: Investigation

14 Sep 2007 10:37

Max Petroleum PLC14 September 2007 Max Petroleum Plc (the "Company") Update on Internal Investigation and Suspension of Trading 14 September 2007 The Company announces today that the Channel Islands Stock Exchange hassuspended trading of its 6.75% convertible bonds due in 2011 pending resultsfrom the Company's ongoing internal investigation into the undisclosed receiptof share options previously announced on 6 September 2007. The suspension oftrading of the Company's convertible bonds is not a result of any finding madeas part of the inquiry. The investigation is progressing and the Company willupdate the market at the appropriate time. Enquiries: Max Petroleum PLC Michael B. Young Chief Financial Officer T: +44 (0)20 7355 9590 Peter Moss T: +44 (0)20 7355 9590 Investor Relations Manager Merlin PR Tom Randell/ David Simonson T: +44 (0)20 7653 6620 WH Ireland Ltd James Joyce T: +44 (0) 20 7220 1666 This information is provided by RNS The company news service from the London Stock Exchange