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medoil

18th Sep 2007 16:49

Cairn Energy PLC18 September 2007 Not for release, publication or distribution, in whole or in part, in or into orfrom the United States, Canada, Australia, Japan or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Capricorn Petroleum Limited (a subsidiary of Cairn Energy PLC) ("Capricorn")recommended offer for medOil plc ("medOil"): notification of posting of theOffer Document. Further to the announcement made on 7 September 2007 of a recommended cash offerby Capricorn for the entire issued and to be issued share capital of medOil,Capricorn announces that the Offer Document containing the full terms of, andconditions to, the Offer is today being posted to medOil Shareholders, togetherwith the Form of Acceptance (in the case medOil Shareholders who hold medOilShares in certificated form). Copies of the Offer Document and the Form of Acceptance are available forinspection (during normal business hours only) at the offices of Shepherd andWedderburn LLP at Condor House, 10 St Paul's Churchyard, London EC4M 8AL andcollection (during normal business hours only) from Lloyds TSB Registrars,Princess House, 1 Suffolk Lane, London EC4R 0AX throughout the period duringwhich the Offer remains open for acceptance. Terms defined in the Offer Document have the same meaning in this announcement. ENQUIRIES For further information contact: Cairn/CapricornMike Watts 0131 475 3000Simon Thomson Jefferies InternationalRichard Kent 020 7618 3713 Jefferies International, which is authorised and regulated in the United Kingdomby the Financial Services Authority, is acting as financial adviser to Cairn andCapricorn in connection with the Offer and no-one else and will not beresponsible to anyone other than Cairn and Capricorn for providing theprotections afforded to customers of Jefferies International or for providingadvice in relation to the Offer. This information is provided by RNS The company news service from the London Stock Exchange

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