Emerald Energy Plc
Press Release 2004

Emerald Energy Plc - 6 August 2004

Posting of Placing and Open Offer document

Not for release, distribution or publication in whole or in part into the United States, Canada, Japan, South Africa, the Republic of Ireland, New Zealand or Australia

Teather & Greenwood Limited, Sponsor and Stockbroker to Emerald Energy Plc, confirms the document relating to the Placing of 4,591,667 New Ordinary Shares and the Open Offer of 5,969,557 New Ordinary Shares, as announced on 29 July 2004, was posted today to registered shareholders as at the close of business on the record date of 29 July 2004.

Press Enquiries:  
Alastair Beardsall, Chairman and Chief Executive Edward Grace, Finance Director
Emerald Energy Plc
Tel: 020 7925 2440

Chris Hardie / Mark Dickenson
Teather & Greenwood Limited

Tel: 020 7426 9000

Teather & Greenwood Limited acted as Sponsor and Stockbroker in relation to the Placing and Open Offer.

Teather & Greenwood Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting solely for Emerald Energy in relation to the Placing and the Open Offer and no one else and will not be responsible to anyone other than Emerald Energy for providing the protections afforded to clients of Teather & Greenwood Limited nor for providing advice in relation to the Placing and the Open Offer.

None of the New Ordinary Shares has been or will be registered under the United States Securities Act of 1933, as amended, nor under the applicable securities laws of any state of the United States, any province or territory of Canada, Japan, South Africa, the Republic of Ireland, New Zealand or Australia. Accordingly, the New Ordinary Shares may not be offered, sold or delivered within the United States, Canada, Japan, South Africa, the Republic of Ireland, New Zealand or Australia.

This press announcement has been issued by Emerald Energy and is the sole responsibility of Emerald Energy.

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