Coastal Energy to List Additional Shares on AIM

Application has been made by Coastal Energy (TSX VENTURE:CEO)(AIM:CEO) to AIM for the additional listing of 85,650 common shares of US $0.01 each ("Common Shares") fully paid, ranking pari passu with the existing Common shares.

This additional listing is pursuant to the block listing of shares required under the Company's stock option plan.

The total number of Common Shares in issue is now 332,857,890 of which 307,932,888 are outstanding and 24,925,002 are block listed.