Exercise of Warrants

Xtract Energy plc 01 May 2007 Xtract Energy Plc ('the Company') Exercise of Warrants 1 May 2007 Xtract Energy plc ('the Company') announces that today it issued and allotted 14,400,000 Ordinary Shares following receipt of a notice of exercise of warrants in the Company. The exercise price for the Warrants was 1p per share. Application will be made for the new Ordinary Shares to be admitted to trading on AIM. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company and trading of these shares on AIM is expected to commence on 8 May 2007. The total number of Ordinary Shares in issue following these issues is 686,726,476. This information is provided by RNS The company news service from the London Stock Exchange
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