Change in total number of shares in PA Resources AB

As a result of the conversion period of PA Resources’ convertible bond 2008/2014 in September 2012, the number of shares increased by 759 and amounts to 637,477,652 at 31 October 2012. The share capital increased by SEK 379.5 and amounts to SEK 318,738,826.

Following the registration of the conversions the total nominal loan of outstanding convertible bonds amounts to SEK 984.2 million.

Stockholm, 31 October, 2012
PA Resources AB (publ)

For additional information, please contact:

Nicolas Adlercreutz, CFO, +46 70 587 44 88

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 09.00 CET on 31 October, 2012.

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