Issue of Shares

28th May 2009 15:23



Caspian Holdings Plc

(the "Company")

28 May 2009

Issue of Shares

The Company has today issued 1,169,591 ordinary shares to creditors in lieu of fees for services performed for the Company. Application will be made for the new ordinary shares to be admitted to AIM which is expected to occur on 3 June 2009.

Following this issue, the Company currently has 132,818,276 Ordinary Shares of 0.1p in issue.

Caspian Holdings Plc	Grant Thornton UK LLP	Hoodless Brennan
Michael Masterman	Fiona Owen
T: +44 (0) 7791 288381	T: +44 (0) 20 7383 5100	T: +44 (0) 20 7538 1166
www.caspianoil.co.uk

ENDIOEZVLFLKEBLBBL

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Related Shares:

WRES.L