Information to the Company's shareholders in view of imminent delisting from First North Premier on Friday, May 9

As previously announced in a press release on March 7, the Company's shares
will be removed from trading on NASDAQ OMX First North Premier on Friday, May
9. This action is a result of a decision at NASDAQ OMX's Disciplinary
Committee. As a result, the trading of the Company's shares will be interrupted
for a period of time. The Company considers that the Disciplinary Committee´s
decision is unfair and detrimental to the interest of shareholders.


It is the Company's intention, to seek listing of its shares as soon as
possible, at an exchange for public trading which is attractive to its
shareholders. Preparatory work is in progress since some time back and it’s the
management’s opinion that a solution will be ready to be presented shortly.

"We apologize to our shareholders for the inconvenience of not being able to
trade their shares for a period of time, but above all, we are very pleased
with the Company´s operational progress and in particular the recently proven
production capacity from the Fedortsovskoye oilfield. We will for this reason,
from now on resume monthly publishing of production reports." - commented
Magnus Stuart, SOGH Chief Executive Officer.

During the period that the Company's shares are not publicly traded, Selena Oil
& Gas Holding AB will be governed in compliance with established regulations
for listed companies as well as adhering to strict policies for insider trading
and provision of public information. The Company will continue to publish all
its press releases through NG News. The quarterly reporting continues to be
published in accordance with the Company's financial calendar. Next to be
published is the Report for the first quarter 2014, followed by the Company´s
annual report for 2013.

Selena Oil & Gas Holding AB is considering arranging for an unofficial listing
until the company's share is officially listed again.

 

Please visit Selena Oil & Gas Holding AB at www.selenaoil.com

 

For further information, please contact:

Magnus Stuart, CEO

+46 706 211 350

 

Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB) is engaged in the
exploration, production and transportation of oil and gas in the Volga-Ural
region in the Russian Federation, around Perm. The company is listed on NASDAQ
OMX First North Premier in Stockholm under the ticker SOGH. Mangold
Fondkommission is the company´s Certified Adviser and liquidity provider,
telephone +46 8-503 015 50.