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Exercise of Options

23rd Feb 2007 18:05

Meridian Petroleum PLC23 February 2007 Meridian Petroleum Plc (the 'Company') Exercise of Options The Company today announces that it has issued and allotted 300,000 ordinaryshares of 5 pence each ('Ordinary Shares') at a price of 10 pence per share,pursuant to the exercise of share options. The shares will rank pari passu with the existing Ordinary Shares of in theCompany and trading of these shares on AIM is expected to commence on 1 March2007. The total number of Ordinary Shares in issue following this exercise of optionsis 80,249,063. ENDS This information is provided by RNS The company news service from the London Stock Exchange

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