SPM Spg Media

RNS Number:7519V
Sodra Petroleum AB
13 December 2000

SODRA PETROLEUM AB

13 December 2000

Re DIRECTORATE

Sodra Petroleum AB ("Sodra") announces that Ian H. Lundin will become Managing
Director of Sodra effective as of December 31, 2000. Mr. Lundin replaces
Magnus Nordin who is resigning to pursue other interests. Mr. Nordin, however,
will remain on the Board of Directors until the next annual general meeting.
The Board would like to thank Mr. Nordin for his valuable contribution to the
Company.

Mr. Lundin, with over 15 years experience in the oil industry, has served on
the Board of Directors of Sodra since its beginning. In addition, Mr. Lundin
is President and Managing Director of Lundin Oil AB, an international oil and
gas exploration and production company with major projects in 8 countries
worldwide and which owns 50% of Sodra Petroleum AB.

END

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