(Oslo, February 11, 2008) Aladdin Oil & Gas Company ASA has today published its operations update for the period 15 of December 2007 to 11 of February 2008.

The operations update can be viewed at www.aogc.no

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

Aladdin Oil & Gas Company ASA is a Norwegian-based E&P company headquartered in Oslo, which is listed on the OTC list of the Norwegian Securities Dealers Association under the ticker symbol AOGC. The company owns the Russian oil company OOO Geotechnologia, which holds two licences in the Timan Pechora province in northwest Russia, as well as the company ZAO Orneftegaz in the Orenburg area. The company employs around 80 staff and aims to be listed on Oslo Axess during 2008.