STATEMENT OF APPROACH

3 Sep 2007 11:47

Cardinal Resources plc03 September 2007 CARDINAL RESOURCES PLC STATEMENT OF APPROACH LONDON - Monday, 3rd September 2007 Cardinal Resources plc (AIM:CDL) ("Cardinal" or "the Company"), an independentoil and gas exploration and production company operating in Ukraine, todayannounces that pursuant to Rule 2.2 of the City Code on Takeovers and Mergers,the Company is currently in discussions with multiple parties, that may or maynot lead to an offer being made for the Company This information is provided by RNS The company news service from the London Stock Exchange