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Director Shareholding

24th Jul 2007 15:56

Afren PLC24 July 2007 FOR IMMEDIATE RELEASE 24 July 2007 Afren PLC ("Afren" or the "Company") Director Shareholding Afren was notified today that Dr Rilwanu Lukman, non-executive Chairman, hassold 1,437,000 ordinary shares of 1p each at a price of 70.359 pence per share.The share sale was effected on 16 July and settlement took place on 20 July. These shares have been held since the inception of the Company in 2004. Part ofthe proceeds will be used by Dr Lukman in support of the philanthropicendeavours in which he is involved in West Africa. Following this disposal, Dr Lukman remains beneficially interested in 6,000,000ordinary shares which represent 2.24 per cent. of the issued share capital ofthe Company. Enquiries Pelham PRJames Henderson Tel. +44 (0) 20 7743 6673 END This information is provided by RNS The company news service from the London Stock Exchange

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