LUNDIN PETROLEUM: LUNDIN PETROLEUM ANNOUNCES CONDITIONAL LISTING ON THE TORONTO STOCK EXCHANGE

LUNDIN PETROLEUM: LUNDIN PETROLEUM ANNOUNCES CONDITIONAL LISTING ON THE TORONTO
STOCK EXCHANGE 
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its shares
have been conditionally approved for listing on the Toronto Stock Exchange
(“TSX”). Lundin Petroleum's shares will trade on the TSX under the symbol
“LUP”. The Company's shares will also continue to trade on the NASDAQ OMX,
Stockholm under the symbol “LUPE”. 
Subject to meeting the final requirements of the TSX, it is expected that the
Lundin Petroleum shares will commence trading on the TSX during March 2011. 




Lundin Petroleum is a Swedish independent oil and gas exploration and
production company with a well balanced portfolio of world-class assets in
Europe, South East Asia, Russia and Africa. The Company is listed at the NASDAQ
OMX, Stockholm (ticker "LUPE"). Lundin Petroleum has proven and probable
reserves of 187 million barrels of oil equivalent (MMboe). 

For further information, please contact:

C. Ashley Heppenstall, 
President and CEO
Tel: +41 22 595 10 00
or
Maria Hamilton
Head of Corporate Communications
Tel: +46 8 440 54 50

Visit our website: www.lundin-petroleum.com