Annual Report and Accounts

Cardinal Resources plc
21 June 2006


CARDINAL RESOURCES PLC 2005 ANNUAL REPORT AND ACCOUNTS

LONDON - Wednesday, 21st June 2006

Cardinal Resources plc (AIM:CDL) ('Cardinal' or 'the Company'), an independent
oil and gas production and exploration company operating in Ukraine, announces
that its Annual Report and Accounts for the year ended 31st December 2005 have
today been posted to shareholders.

Copies of the Annual Report are available from the offices of Cardinal Resources,
Whitefriars House, 6 Carmelite Street, London EC4Y 0BE for the period of one
month. The report can also be viewed and downloaded at www.cardinal-uk.com.

Cardinal's Annual General Meeting will be held at 10 am on 27th July 2006 at the
Crowne Plaza Hotel London - The City, 19 New Bridge Street, London, EC4V 6DB.

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For further information please contact:

Cardinal Resources         Parkgreen Communications
Kate Spiro                 Justine Howarth / Victoria Thomas
[phone]       [phone]
[e-mail]     [e-mail]

Notes to Editor

Cardinal Resources plc
Cardinal Resources plc is an independent oil and gas company engaged in the
acquisition, development, production and exploration of oil and natural gas
properties in Ukraine. Cardinal is an experienced operator in the country
focused on expanding its existing operations through the farm-in or acquisition
of additional upstream oil and gas assets that can be further developed through
the application of modern technology and expertise.








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