Caspian International Begins Trading on OTCBB

Caspian International Oil Corp. (CIOC) said that its common stock will begin listed trading on the OTC Bulletin Board (OTCBB) commencing on April 26, 2007. The company's ticker symbol on the OTCBB will be "CIOC.BB". CIOC, which provides seismic surveys and other oil field services to the petroleum industry in Kazakhstan and operates an oil field in Western Kazakhstan, is moving from the Pink Sheets Electronic Quotation Services ("Pink Sheets") where the company's stock had been trading since its formation in August 2006.

"We are excited about CIOC's move to the OTCBB, which marks a significant achievement for us," said James E. Knight, CIOC President and CEO. "By listing trading on the OTCBB, we're advancing our growth strategy to access new funding sources for the company and broaden our exposure to a wider range of investors in the U.S. and overseas. The OTCBB provides an excellent trading platform for shareholders wishing to invest in CIOC. As a young company, we are focused on enhancing our services to customers in Kazakhstan's expanding petroleum industry, executing our growth plans and delivering long-term value to our shareholders."

Headquartered in Houston, CIOC acquired its current operations in August 2006 with the merger of several Kazakhstan companies, principally Dank and Kor-Tazh. Dank and PGD Services (a subsidiary of Dank) provide oil field services including 2-D and 3-D seismic acquisitions, data processing and interpretation, reservoir modeling and topography to the petroleum industry in Kazakhstan, while Kor-Tazh operates an oil field in Western Kazakhstan.


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