AGM Statement

BowLeven Plc
1 February 2005


1 February 2005

                                  BowLeven Plc
                                 AGM Statement

BowLeven Plc held its AGM on 31 January 2005 at 5.00 pm in Edinburgh.

The resolutions were all passed.

BowLeven Plc is an independent oil and gas company which has a 100 per cent
interest in an exploration permit in the shallow waters offshore Cameroon, West
Africa. BowLeven, admitted to AIM in December 2004, is using the funds raised to
acquire 3D seismic data over the Etinde permit area, drill up to three further
wells and negotiate a gas supply contract for a Gas to Electricity (GTE) project
in Cameroon.

At the AGM of BowLeven Plc, Chairman Terry Heneaghan said:

'The acquisition of 3D seismic over Block MLHP-7 (575 sq km) and part of block
MLHP-5 (206 sq km) has been completed. The quality of the seismic data is
excellent and data processing is underway. Processing and interpretation will
take approximately three months and our 2005 drilling programme will start as
soon as possible thereafter, subject to rig availability.

'We are hopeful of sending a project team to Cameroon by end March 2005 to begin
negotiations with the Cameroon Government on our planned GTE project.

'We are also still in discussions with the Cameroon Government over the award of
Block MLHP-4 (Sanaga Sud Field) and we remain positive about the outcome.'



For further information, please contact:

BowLeven plc
Terry Heneaghan, Executive Chairman            0131 718 6552

Maitland                                       0207 379 5151
Neil Bennett
Liz Morley


Notes to editors

BowLeven is an independent oil and gas company which has a 100 per cent.
interest in an exploration permit in the shallow waters offshore Cameroon, West
Africa. The acreage, which has had 9 wells drilled in it, contains recoverable
P50 hydrocarbon reserves and recoverable P50 contingent resources. The acreage
also has attractive exploration potential. The Company has operated in Cameroon
since 1999.



                      This information is provided by RNS
            The company news service from the London Stock Exchange