PetroProd Ltd. (OSL:PROD) PetroProd Ltd - Notice From Bondholder's Meeting

PetroProd Ltd. (OSL:PROD) Reference is made to the summons letter published on 11 December 2008 by PetroProd Ltd ('the Company'). On 19 December 2008, a bondholder meeting was held for one of the bond loans of PetroProd Ltd with ISIN NO 0010368996 ('the loan'). The bondholder`s meeting for the loan approved the amendments that were proposed in the summons letter as of 11 December 2008. Please find attached the Notice from the Bondholder's meeting.

Pareto Securities AS acted as financial advisor for the Company.

19 December 2008

PetroProd Ltd

Contact: Martin Nordaas (Phone: +65-9138-3188) Jon Skabo (Phone: + +44-788-055-2333)

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/138379/R/1278950/285455.pdf

PetroProd Ltd.

http://www.petroprod.com

ISIN: KYG7053Q1064

Stock Identifier: OSE.PPROD