Directorate Change

The Board of Europa Oil & Gas (Holdings) plc ("Europa" or "the Company")
announces that after 16 years with the Company, Paul Barrett has signalled his
intention to resign as Managing Director of Europa in order to pursue other
interests. Paul intends to remain with the Company during his 12 month notice
period in order to effect an orderly handover.

Paul will continue to oversee the planned exploration, appraisal and
development work programme on the Company's assets in the UK, Romania and
France as discussed in the Company's interim results statement announced on 20
April.

Bill Adamson, Chairman said "Paul is a co-founder of Europa and has been
instrumental in developing the Group and its assets to the current position.
I'm grateful to him for his early notification, enabling the Company to carry
out sensible succession planning. A search for a Chief Executive Officer will
commence immediately and the Board looks forward to moving the Company to the
next stage in its development as a maturing pan-European E&P business."

Enquiries:

Europa
Bill Adamson [phone]
Phil Greenhalgh [phone]

finnCap [phone]
Sarah Wharry / Henrik Persson, Corporate Finance
Joanna Weaving, Corporate Broking