ERHC Energy Inc (ERHE)

[Nightdaytrader]

Balance, well, one good thing about Afren is that the company has some big time shareholders like JP Morgan Chase, Morgan Stanley, and UBS (see below).

Not that I really want to merge with a Nigerian Company but if we're going to do it, it's nice to see the big financial companies also invested.....

ND9
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AFREN plc ('the Company')

Shareholding in the Company

The Company was notified on 9 January 2008 that, as at close of business on 8
January 2008, JP Morgan Chase & Co had an interest with indirect voting rights
in 13,833,108 Ordinary Shares of 1p each ('Ordinary Shares') in the Company,
representing 5.07% of the total issued share capital of the Company.

Holdings by controlled undertakings of JPMorgan Chase & Co are as follows:

JP Morgan Investment Management Inc
JP Morgan Asset Management (UK) Limited

10 January 2008
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AFREN plc ('the Company')

Shareholding in the Company

The Company was notified on 14 December 2007 that, as at close of business on 12
December 2007, Morgan Stanley Securities Limited, had an interest with direct
voting rights in 31,986,321 Ordinary Shares of 1p each ('Ordinary Shares') in
the Company, representing 11.71% of the total issued share capital of the
Company.

17 December 2007