ERHC Energy Inc (ERHE)

[RUBY1100]

The shareholders of Addax Petroleum Corporation (TSX:AXC) have
accepted the $CDN52.80 cash per share offer from Sinopec International
Petroleum Exploration and Production Corporation (SIPC).

Addax will be
removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX
Equity and Capped Equity, the S&P/TSX Completion and Equity Completion
and the S&P/TSX Capped Energy Indices. The transaction will be
effective after the close on Monday, August 24, 2009