MANDATORY NOTIFICATION OF TRADE

Wed, Sep 17, 2008 09:00 CET

On September 16, 2008, Board member in PetroMENA ASA, Hilde Thon has purchased
3.000 shares in PetroMENA ASA at a price of NOK 11,- per share.

Following this transaction, Hilde Thon holds 6.333 shares in PetroMENA ASA.

PetroMENA ASA, 17 September 2008.