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Arko Energy Hldg PLC (YGH)

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Tuesday 07 January, 2003

Arko Energy Hldg PLC

Issue of Equity

Arko Energy Holdings PLC
07 January 2003

FOR IMMEDIATE RELEASE                              7 January 2003


               Arko Energy Holdings plc ('the Company' or 'Arko')

                Issue of new shares following exercise of option

The Directors of the Company announce the issue of 647,059 new ordinary shares
of 0.5p each resulting from the exercise of an option.

Application has been made for the 647,059 shares so issued to be admitted to
trading on AIM and it is anticipated that the shares will be so admitted on 13
January 2003.


Angela Leung - Arko Energy Holdings plc

13th Floor, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong

Tel: 00 852 2219 9999            Email:

Robert Lo - Nabarro Wells & Co. Limited

Tel: 020 7710 7407                Email:

Nigel Atkinson- Nabarro Wells & Co. Limited

Tel: 020 7710 7408                Email:

Shane Dolan - Biddicks

Tel:020 7448 1000                Email:

                      This information is provided by RNS
            The company news service from the London Stock Exchange                   BX