Directed new share issue in Genesis Petroleum Corporation Plc (UK) — GBP 10 million

Carnegie acted as sole adviser in the directed new share issue of 50 million new shares in Genesis Petroleum Corporation Plc at a subscription price of 20 pence per share. The two subscribers in the fundraising, Aker Capital and Petroleum Geo-Services ASA, will each hold 25 million new shares in the Company after the share issue, each representing 24.36 per cent of the enlarged issued share capital of Genesis. April, 2007.