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 shares will trade based on the new nominal value of NOK 4,00 per share from Wednesday 30th of March.

The outstanding number of shares after consolidation will be 43 826 436.

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.