Recommended and Increased Cash Offer for Arawak Energy Limited by Rosco S.A. (a Member of the Vitol Group)

Acceptance Levels Following Extension of Offer


LONDON--(Marketwire - March 25, 2009) -


Not for release, publication or distribution in whole or in part, in or into or from Australia or Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

Rosco S.A. ("Rosco") announced yesterday, 24 March 2009, that its Offer for Arawak Energy Limited is wholly unconditional and that it will take up the Arawak Shares validly tendered under the Offer. Further, Rosco announced that the Offer is extended and will remain open for acceptance until 3.00 p.m. London time (10.00 a.m. Ontario time) on 7 April 2009, unless otherwise extended.

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