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MANDATORY NOTIFICATION OF TRADE

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Scandinavian Consulting Group AS, a 100% owned company of Mr. Terje O. Hellebø, Board Member of Petrolia Drilling ASA, has on 21 January 2009 bought 10.000 shares in PetroMENA ASA at a price of NOK 1,15 per share.

Following this transaction Mr. Terje O. Hellebø holds 105.000 shares in PetroMENA ASA.



PetroMENA ASA, 21 January 2009.