Aladdin Oil & Gas Company (AOGC) held today a joint meeting with Norsk Tillitsmann and the holders of the NOK 50 Mill bond, which deadline for payment of interest was initially 10th December 2009. The meeting decided with a substantial majority that the deadline for payment of interest shall be amended to 10th March 2010

The summons of this meeting will be announced on the website of Norsk Tillitsmann: www.stamdata.no

For more information, please contact:
CFO Jørn Barkenæs (+47 917 27 440)

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 two licenses in the Timan-Pechora province in Northwest Russia, as well as 6 licenses through our companies ZAO Orneftegaz and OOO Veselovskoye in the Orenburg area.