Issue of Equity

Ascent Resources PLC 16 August 2007 Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas 16 August 2007 Ascent Resources plc ('Ascent' or the 'Company') Issue of Equity Ascent announces that it has issued and allotted 137,363 ordinary shares of 0.1p each ('Ordinary Shares') pursuant to an exercise of warrants. Application has been made to the London Stock Exchange for the Ordinary Shares, which will rank pari passu with existing shares in issue, to be admitted to trading on AIM, and admission is expected to become effective on 20 August 2007. The total number of Ordinary Shares in the Company in issue following the additional listing will be 298,420,338. ENDS For further information visit www.ascentresources.co.uk or contact: Jeremy Eng Ascent Resources plc Tel: 020 7251 4905 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange
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