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gedden

06/21/08 4:15 PM

#3747 RE: gedden #3746

Der var flere - HDY

Hardy Oil and Gas plc is an upstream international oil and gas company whose assets are principally in India and to a lesser extent in Nigeria. Its portfolio includes a blend of production, development, appraisal and exploration assets. Hardy's goal is to evaluate and exploit its asset base with a view to creating significant value for its shareholders.

Hardy Oil and Gas plc has existing production from an offshore field in India's Cauvery basin. Hardy also has interests in four offshore exploration blocks in India's Saurashtra, Cauvery, Krishna Godavari basins, one onshore exploration block in the Assam basin and two development licences in Nigeria.

Hardy is incorporated under the laws of the Isle of Man and headquartered in London, UK. Ordinary shares of Hardy were admitted to the Official List and the London Stock Exchange's market for listed securities effective 20 February 2008 under the symbol HDY.

The Company’s blocks in India are owned by its wholly owned subsidiary Hardy Exploration & Production (India) Inc whose offices are located in Chennai, India. The Nigeria operations are owned by the Company’s wholly owned subsidiary Hardy Oil Nigeria Limited whose offices are located in Lagos, Nigeria.

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