AFR.L Regulatory News (AFR)

19 Mar 2007 10:16

Afren PLC19 March 2007 Afren plc (AIM: AFR) Appointment of Joint Broker and Nominated Adviser The Board of Afren Plc ("Afren" or "the Company") is pleased to announce theappointment of Tristone Capital Limited ("Tristone") as joint broker. Tristoneis a global, energy advisory firm with strong technical oil and gas expertise,providing investment banking, acquisitions and divestiture and equity capitalmarkets services. Jefferies International Limited has been appointed as Nominated Adviser andremains joint broker to Afren. 19 March 2007 Enquiries:Afren plc +44 20 7182 1800Osman Shahenshah Chief ExecutiveGalib Virani Investor Relations Jefferies International Limited +44 20 7618 3500Toby HaywardJack Pryde Tristone Capital Limited +44 20 7399 2480Simon Ashby-Rudd Pelham Public Relations +44 20 7743 6673James HendersonAlisdair Haythornthwaite Background information Afren (www.afren.com) was founded in December 2004 by a management teamincluding Dr Rilwanu Lukman, Chairman, and Osman Shahenshah, Chief Executive,with the vision to become the premier pan African independent Exploration andProduction company. Since its listing on the AIM market of the London StockExchange, Afren has rapidly expanded its portfolio and the management team hasdelivered nine assets in the Joint Development Zone of Nigeria Sao Tome andPrincipe, Nigeria, Gabon, Angola and Congo Brazzaville. Afren will continue to add to its diversified portfolio of near term developmentand high impact exploration with the overall objective of creating substantialshareholder value. This information is provided by RNS The company news service from the London Stock Exchange