NOTIFICATION OF TRADE
Independent Oil & Resources ASA has on the29 August 2008 extended a forward contract of6.300.000 shares in Petrojack ASA.New delivery date is 27.11.2008.After the above mentioned transaction IndependentOil & Resources ASA controls 11.566.328 shares inPetrojack ASA, equal to 17,8 per cent of the sharesoutstanding.Bergen/Oslo, 29 August 2008Board of Directors