Grant of options

Grant of options to Mr Bill Adamson

Europa Oil & Gas (Holdings) plc ("Europa" or the "Company"), the oil and gas
explorer and producer with assets onshore UK, Romania and France and
Offshore Ireland, announces an award of stock options to non-executive
chairman Bill Adamson. The grant, which was an entitlement following his
appointment on 7th April 2010, is for a further 250,000 options over
ordinary shares in the Company. All the options have an exercise price of
10p and a 10 year life. One third of the options are exercisable after 18
months, a further third after 30 months and the balance after 42 months.
Following this grant Mr Adamson holds options over a total of 500,000
ordinary shares in the Company.

Further information:

Europa Oil & Gas Tel: [phone]

Hugh Mackay / Phil Greenhalgh

finnCap  Tel:  [phone]

Sarah Wharry / Henrik Persson, Corporate Finance

Joanna Weaving, Corporate Broking