Roc Oil to List on London's AIM Next Month

Roc Oil Company Limited has submitted an application for ROC shares to be admitted to trading on the Alternative Investment Market ("AIM"), a market operated by the London Stock Exchange plc in the United Kingdom. The listing will take place during early September 2004 via the "fast track" admission process for overseas applicants already listed on certain designated markets, one of which is the Australian Stock Exchange. The listing will not involve the issue of any new ROC shares, nor the raising of any fresh capital.

Commenting on the imminent listing, ROC's Chief Executive Officer, Dr John Doran, stated that:

"ROC has been considering a London listing for some time following the Company's first public reference to the concept at the May 2002 Annual General Meeting. The precise timing is a function of the recently initiated "fast track" system, which has made this type of listing particularly efficient from a time and cost point of view especially if you don't need to raise any money!

ROC sees a London listing as a very logical step, reflecting the geographic spread of its assets, including its revenue base in the UK and its strong presence in West Africa - a part of the world which is currently much appreciated and well understood by the London market."

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