Issue of Equity

Ascent Resources PLC 03 January 2008 ASCENT RESOURCES PLC ('Ascent' or the 'Company') Issue of Equity Ascent announces that it has issued and allotted 2,190,000 ordinary shares of 0.1p each ('Ordinary Shares') pursuant to an exercise of warrants, 1,500,000 at an exercise price of 12p per share and 690,000 at an exercise price of 12.5p per share. 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 4 January 2008. The total number of Ordinary Shares in the Company in issue following the additional listing will be 304,782,042. Ends This information is provided by RNS The company news service from the London Stock Exchange
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