Afren Seeks Trading on AIM

Afren Plc announces that an application has been made for the admission to trading on AIM of the block admission of 10,000,000 ordinary shares of 1p each in the Company ('Ordinary Shares'), which may be allotted and issued in due course in relation to the vesting of options granted under the rules of Afren's 2005 and 2008 share schemes. It is expected that the block admission will become effective on 24 April 2008.

The total issued share capital of the Company is currently 368,043,842 Ordinary Shares. The Ordinary Shares, the subject of the block admission, may or may not be allotted in due course.