Application for additional listing

Kea Petroleum plc

("Kea" or the "Group")

Application for additional listing

Application has been made to the London Stock Exchange for the listing of 750,000 ordinary shares in the capital of Kea to be admitted to trading on AIM. These shares were issued as a result of the exercise of warrants and will rank pari passu with the existing issued ordinary shares of the Company. Details of the warrants can be found within the Admission Document.

Admission is expected to become effective and dealings to commence in these shares on 11 March 2011.

Following the issue of these new shares the ordinary issued share capital of Kea now consists of 509,355,000 ordinary shares of 1 pence each with voting rights. No ordinary shares are held in treasury.

For further information please contact:

Kea Petroleum plc Tel: +44 (0)20 7340 9970

David Lees, Executive Director

RBC Capital Markets Tel: +44 (0)20 7653 4000

Matthew Coakes / Daniel Conti Martin Eales (NOMAD)

Buchanan Communications Tel: +44 (0)20 7466 5000Tim Anderson / James Strong