(Oslo, September 26th 2007) The Extraordinary General Assembly in Aladdin Oil & Gas Company ASA elected on September 26th a new Board of Directors. The other items on the agenda were unanimous approved.

After the Extraordinary General Assembly, Aladdin Oil & Gas ASA was holding an open company presentation. The presentation is disclosed on the company’s website www.aogc.no

For further information, please contact:
CEO, Espen Glende, Aladdin Oil & Gas Company ASA, Phone: (+47) 906 05 434

Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered is in Oslo, with it’s shares traded on the OTC list under the ticker 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 the company ZAO Orneftegaz in the Orenburg area. The company has around 80 employees and intends to be listed on Oslo Axess during 2007. The company’s largest shareholders are Paal Hveem, Vollvik Invest AS and Arild Nilsen.