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Termination of MOU

26th Nov 2007 07:01

Regal Petroleum PLC26 November 2007 Immediate Release 26 November 2007 REGAL PETROLEUM PLC ("Regal" or "the Company") Update Ukraine Partial Divestment The Company wishes to inform the market that the Company has received notice oftermination of the Memorandum of Understanding between the Company and ShellExploration & Production Ukraine Investments (1) BV announced on 21 November2007. The Company is considering its options for the development and commercialisationof its Ukrainian assets. A further announcement will be made in due course. For further information, please contact: Regal Tel: 020 7408 9500 David Greer, Chairman & CEO Evolution Securities Tel: 020 7071 4300Robert Collins Mirabaud Securities Tel: 020 7321 2508Pav Sanghera This information is provided by RNS The company news service from the London Stock Exchange

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