EANS-News: Petrocapital Resources / Announcements made in Germany

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Capital measures/Statement re. press announcements

London (euro adhoc) - It has very recently been brought to the
attention of the Directors of Petrocapital Resources Plc
("Petrocapital" or the "Company") that various press announcements in
Germany have been released without the knowledge or authorisation of
the full Board of the Company.

The Company has a trading facility on the Xetra market in Frankfurt,
where there is no official news distribution service similar to that
available on PLUS.

The current Directors are now aware of announcements which were
released in Germany on the following dates which purported to be
official announcements of the Company:

19 April 2009
17 August 2009
16 September 2009
18 September 2009
22 September 2009
8 October 2009

These releases mainly make reference to a proposed `reverse share
split´ (effectively a share capital consolidation), to changes to the
Board of the Company and a potential major transaction.

The Directors wish to make clear that they were not aware of these
announcements, they were released without their knowledge or
authorisation and all such announcements are factually incorrect, in
particular the Directors would like to stress that (i) neither Mr
Alexander Holtermann nor Mr Rod W. Husband are directors of the
Company nor are their appointments under consideration by the Board;
and (ii) no "reverse share split" or share capital consolidation is
under consideration or proposed. The Directors further highlight that
there may be other further announcements in Germany purporting
similar news of which the current Board are also not aware.

The Directors are seeking legal advice and undertaking an
investigation regarding this matter.

The Directors confirm that all official announcements of the Company
are currently and will in future always be released on PLUS and
shareholders wishing to obtain current information on the Company
should do so at www.plusmarketsgroup.com.

THE DIRECTORS OF THE ISSUER ACCEPT RESPONSIBILITY FOR THE CONTENTS OF
THIS ANNOUNCEMENT

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end of announcement euro adhoc
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ots Originaltext: Petrocapital Resources
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Petrocapital Resources Plc

Timothy Le Druillenec + 44 (0)20 7581 1331 / +44 (0)7962 138 038

Fisher Corporate Plc

Gary Miller +44 (0)20 7388 7000

Branche: Economy, Business & Finance
ISIN: GB00B3BRSN95
WKN: A0Q7HU
Börsen: Frankfurt / Open Market