Stmnt re Share Price Movement

FORUM ENERGY PLC

("Forum Energy" or the "Company")

Statement re Share Price Movement

The Directors of Forum Energy note the recent movement in the Company's share price and confirm that they are not aware of any reason for such a movement.

For further information please contact:

Forum Energy Plc

Andrew Mullins, Tel: +44 (0) 1932 445 344

Executive Director & Company Secretary

Execution Noble & Company Ltd (Nominated Adviser & Broker)

Harry Stockdale Tel: +44 (0) 207 456 9191

Or visit the Company's website:

www.forumenergy.com