ERHC Invited to Exercise Preferential Rights in the JDZ

Environmental Remediation Holding Corporation (ERHC) received a "Notification On Exercise of Preferential Rights in the JDZ" from the Nigeria-Sao Tome and Principe Joint Development Authority (JDA) inviting the company to exercise its preferential rights in the Joint Development Zone between Nigeria and Sao Tome (JDZ).

The company will respond in accordance with the terms and conditions of the "Administration Agreement" of April 7, 2003 between the JDA and ERHC.