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Monday, 11/03/2008 8:38:13 AM

Monday, November 03, 2008 8:38:13 AM

Post# of 361522
Addax Petroleum third quarter 2008 conference call
Monday November 3, 4:47 am ET


Calgary, Nov. 3 /CNW/ - Addax Petroleum Corporation (TSX: AXC and LSE: AXC) ("Addax Petroleum" or the "Corporation") will announce its financial results for the quarter ended September 30, 2008 on Monday, November 10, 2008, and will discuss its financial results in a conference call on

Monday, November 10, 2008 at 11:00 a.m. Eastern Time/4:00 p.m.

London, U.K. time. Mr. Jean Claude Gandur, President and Chief Executive Officer, Mr. James Pearce, Chief Operating Officer, and Mr. Michael Ebsary, Chief Financial Officer, will discuss the Corporation's most recent financial and operating results.

Conference call details:
Date: Monday, November 10, 2008
Time: 11:00 a.m. Eastern Time/4:00 p.m. London, U.K. time

To listen to the conference call, please call one of the following:
Toronto: 416 644 3416
Toll-free (Canada and the U.S): 800 733 7560
Toll-free (U.K.): 00 800 2288 3501
Toll-free (Switzerland): 00 800 2288 3501

A replay of the call will be available at (416) 640 1917 or (877) 289 8525, passcode 21277906 followed by the number sign until Wednesday, November 26, 2008.
Investors are invited to listen to the live webcast of the presentation via the following link:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2465980

The presentation slides for the above webcast will be available prior to the presentation on Addax Petroleum's website at www.addaxpetroleum.com.

About Addax Petroleum:

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8,800 bbl/d for 1998 to an average of approximately 136,000 bbl/d for the first half of 2008. Further information about Addax Petroleum is available at www.sedar.com, www.londonstockexchange.com or the Corporation's website, www.addaxpetroleum.com.


CONFERENCE CALL ADVISORY: FORWARD-LOOKING STATEMENTS
----------------------------------------------------

The conference call may contain forward-looking statements. When used in the call, words such as "anticipate", "expect", "project", and similar expressions are intended to identify such forward-looking statements. Although the Corporation believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, economic conditions and commodity prices. While Addax Petroleum makes these forward looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected.
For further information

Mr. Craig Kelly, Investor Relations, Tel.: +41 (0) 22 702 95 68, craig.kelly@addaxpetroleum.com
Mr. Chad O'Hare, Investor Relations, Tel.: +41 (0) 22 702 94 10, chad.o'hare@addaxpetroleum.com
Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: +41 (0) 22 702 94 44, marie-gabrielle.cajoly@addaxpetroleum.com
Mr. Nick Cowling, Press Relations, Tel.: (416) 934-8011, nick.cowling@cossette.com
Mr. James Henderson, Press Relations, Tel.: +44 (0) 20 7743 6673, james.henderson@pelhampr.com
Mr. Alisdair Haythornthwaite, Press Relations, Tel.: +44 (0) 20 7743 6676, alisdair.haythornthwaite@pelhampr.com