TAG Oil Receives Shareholder Approval for Stock Split

TAG Oil Ltd., at its Special Meeting of Shareholders, held on April 7, 2004 in Vancouver, British Columbia, received approval from shareholders, granting the Company's Management, authorization to implement a forward split of the Company's common stock. TAG President and CEO Drew Cadenhead commented, "We received over 98% shareholder approval for the stock split, a percentage that speaks volumes about shareholder support for our growth strategy and one that gives the Board of Directors tremendous confidence as we embark on our 2004 exploration campaign."