Exercise of Options

29th Jun 2006 11:21

Max Petroleum PLC29 June 2006 Max Petroleum Plc ("the Company") Exercise of Options The Company announces that options have been exercised over 460,000 new OrdinaryShares of 0.01p each. Application has been made to the London Stock Exchange forthese shares to be admitted to trading on AIM, which is expected to take placeon 5 July 2006. 29 June 2006 Enquiries: Max Petroleum PLC Steve Kappelle T: +44 (0)20 7355 9590 Chief Executive Officer Pelham Public Relations Charles Vivian T: +44 (0)20 7743 6672 E : [email protected] Alisdair Haythornthwaite T : +44 (0) 20 7743 6676 E: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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MXP.L