Issue of Equity

Ascent Resources PLC
03 September 2007



                              ASCENT RESOURCES PLC
                          ('Ascent' or the 'Company')

                               Issue of Equity


Ascent announces that it has issued and allotted 2,747,253 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 4 September 2007.

The total number of Ordinary Shares in the Company in issue following the 
additional listing will be 301,167,591.


Ends


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