Denbury's Stock Splits Two-for-One

Denbury Resources' stockholders have approved an amendment to the Company’s certificate of incorporation to increase the number of authorized shares of common stock from 250 million shares to 600 million shares and to split its issued common stock two-for-one. This action was taken at a special meeting of the stockholders held yesterday. Stockholders of record as of the close of business on December 5, 2007 will receive one additional share of Denbury common stock for each share of common stock held at that time, to be distributed on December 14, 2007. The Company will have approximately 245 million shares outstanding after the stock split.

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