Change in number of shares and votes in PA Resources AB

In accordance with previously disclosed information, PA Resources has completed a new share issue with payment by way of set-off of totally 6,455,770,272 B shares directed to the holders of the company’s convertible bonds 2008/2014. As a result of the issue, the number of shares and votes in PA Resources has changed.

As per December 28, 2012, the total number of shares is 7,093,247,924, of which 637,477,652 are A shares and 6,455,770,272 are B shares. The total number of votes is 3,865,362,788, of which the A shares correspond to 637,477,652 votes and the B shares to 3,227,885,136 votes.

Stockholm, 28 December, 2012
PA Resources AB (publ)

For additional information, please contact:
Bo Askvik, President & CEO, +46 708 19 59 18

PA Resources AB is an international oil and gas group which conducts exploration, development and production of oil and gas assets. The Group operates in Tunisia, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. PA Resources is producing oil in West Africa and North Africa. The parent company is located in Stockholm, Sweden. PA Resources’ net sales amounted to SEK 2,154 million during 2011. The company is listed on the NASDAQ OMX in Stockholm, Sweden (segment Mid Cap). For additional information, please visit www.paresources.se.

The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 10.00 am CET on 28 December, 2012.

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