Argos Announces Admission to Trading on AIM and Completion of Placing

Thursday, July 29, 2010

Further to its announcement on 27 July 2010, Argos, the oil & gas exploration company with assets in the North Falkland Basin, announces that its entire issued share capital, comprising 216,113,205 ordinary shares of 2p each, has today been admitted to trading on the AIM market of London Stock Exchange plc, under the EPIC code "ARG". Argos also announces that the placing announced on 27 July 2010 ("Placing") has become unconditional in all respects.

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