Conversion of Securities
June 19 2001 - 8:41AM
UK Regulatory
RNS Number:5011F
Sodra Petroleum AB
19 June 2001
June 19, 2001
Conversion of shares in Sodra Petroleum AB ("Sodra")
Holders of a total amount of 35,812,836 convertible shares in Sodra Petroleum
have requested conversion of their shares in return for a right to subscribe
for shares in Lundin Oil AB ("Lundin"). As a result Lundin now holds
approximately 94 per cent. of the issued share capital of Sodra.
Lundin Oil is shortly going to initiate compulsory acquisition of the residual
stock in accordance with the Swedish Companies Act.
For further information, please contact:
Ian H. Lundin
Managing Director
Sodra Petroleum AB
Tel: +41 22 319 66 00
Or
Maria Hamilton
Corporate Communications
Lundin Oil AB
Tel: +08-440 54 50
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