PetroProd Delists from Oslo Bors

PetroProd Ltd has on April 21, 2009, received a notice of delisting from Oslo Bors. Due to the liquidation proceedings that the Company is undergoing, Oslo Bors is of the opinion that the Company no longer will be able to comply with its continuing obligations as a listed company, and therefore is not suitable for listing.

The Company acknowledges this and accepts the delisting of the Company's shares from trading on Oslo Axess accordingly.