Exclusive of Subscription Rights

Tue, Jun 28, 2011 08:00 CET

Reference is made to the announcement of 27 June 2011 regarding a Rights Issue.

The shares are traded exclusive of the subscription rights as of today 28 June 2011.

For further information: please contact Mr. Kjetil Forland, Managing Director, e-mail: Kjetil.Forland@petrolia.no.

Bergen/Oslo, 28 June 2011

Petrolia ASA

This information is subject of the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act)