Leni Issue of Equity

Leni Gas & Oil Plc has issued and allotted a total of 593,793 ordinary shares at a price of 7.25p in satisfaction of the provisions of the engagement of professional service providers.

These shares will rank pari passu in all respects with the existing issued Ordinary Shares in the company. Application has been made to the London Stock Exchange for these shares to be quoted on AIM.

As at the date of this announcement, Leni Gas has an issued share capital of 393,993,820 Ordinary Shares with a nominal value of 0.05p each, with voting rights.