RNS Number:2384B
Petrolatina Energy PLC
31 July 2007



                             Petrolatina Energy plc

                       ("PetroLatina") or (the "Company")

                                    Disposal

Petrolatina is pleased to announce that the option announced on 21 May 2007 has
been exercised and that accordingly it has today completed the sale of its
Guatemala assets. The consideration is $4 million in cash.

The Company retains a 20% interest in the first three wells to be drilled in the
near future.

For further information:

PetroLatina                                         020 7297 4360
Rudolph Berends, CEO

Seymour Pierce Limited                              020 7107 8000
Jonathan Wright


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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