The general meeting on the 28th of February approved consolidation of shares 1:40.

The general meeting on the 28th of February approved consolidation of shares 1:40. The nominal value will then change from NOK 0.10 to NOK 4.00.

The Company is in the process to register this consolidation. When the process is completed the Company will announce which day the shares are trading based on the consolidation and the new nominal value.

Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds three licenses in the Timan-Pechora province in Northwest Russia, as well as 5 licenses through our company OOO Veselovskoye in the Orenburg area.