First Calgary Petroleums Ltd. - Dealing by Director

 

    TSX: FCP   LSE:  FPL

 

    CALGARY, March 24 /CNW/ - First Calgary Petroleums Ltd. ("FCP") announces

that Mr. Richard G. Anderson, an executive director of the Company, purchased

3,200 common shares of the Company on March 22, 2006 at $9.50 (Cdn.) per

share, through the facilities of the Toronto Stock Exchange. Mr. Anderson

advises that he purchased the shares with the cash available in his RRSP. He

now holds 2,240,206 common shares of FCP and continues to hold 1,400,000 stock

options.

 

    First Calgary Petroleums Ltd. is an oil and gas exploration company

actively engaged in international exploration and development activities in

Algeria. The Company's common shares trade on the Toronto Stock Exchange in

Canada (FCP) and on the AIM market of the London Stock Exchange in the UK

(FPL).

 

    This press release is being issued in compliance with the rules of the

AIM market of the London Stock Exchange.

 

   For further information: contact: Richard G. Anderson, President and

CEO, First Calgary Petroleums Ltd., Tel: (403) 264-6697, Website: www.fcpl.ca/

    (FPL)

 



END



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