Result of Extraordinary General Meeting in P/F Atlantic Petroleum held on 3 February 2007 at 10 a.m. The proposal submitted at the Extraordinary General Meeting in P/F Atlantic Petroleum on Saturday 3 February 2007 was approved unanimously. The following proposal on election of an additional accountant was approved: As proposed by the Board of P/F Atlantic Petroleum, SPEKT statsaut. revisorar spf, Staravegur 17, 100 Tórshavn, Faroe Islands, were elected to act as the second accountant of the Company. Further Details Further details can be obtained from Wilhelm Petersen, Managing Director, tel +298 350 100 (wilhelmp@petroleum.fo). or Teitur Samuelsen, Financial Manager, tel +298 350 100 (teiturs@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.