Maurel & Prom: 5% Capital Holding Threshold Exceeded

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April 15, 2008

PARIS April 15 PRNewswire-FirstCall - Maurel Prom wishes to inform its shareholders that on April 7 2008 the Company exceeded the 5 capital holding threshold during a share buy-back program authorized by the Combined General Meeting of June 14 2007This authorization relates to the Company having a maximum holding of 10 of the capitalAs a reminder and as defined in paragraph 11332 4 Objectives of the new share buy-back program of the 2006 Reference Document the objectives of the share buy-back program are as follows 1- Exchange or payment as part of possible external growth transactions 2- Allocation to employees andor corporate officers of the Company3- Delivery of shares following the issue of securities giving access to the Companys share capital 4- Boost of the secondary market in the Companys shares 5- Cancellation and reduction of the capitalOn April 11 2008 the Company held 6196219 shares 177060 of which as part of the liquidity agreement or 514 of Group capital out of a total of 120533917 sharesThis press release may contain forward-looking statements with respect to the financial condition results of operations business strategy and plans of Maurel exchange rate fluctuations uncertainties inherent in estimating quantities of oil reserves actual future production rates and associated costs operational problems political stability changes in laws and governmental regulations wars and acts of terrorism or sabotageMaurel Prom is listed on Eurolist of Euronext Paris - compartment A - CAC mid 100 Index Isin FR0000051070 Bloomberg MAUFP Reuters MAUPPA Coming next Wednesday April 30 2008 - 1st quarter revenues 2008 Investor Relations Press Relations Laurence Borbalan Michelle Aubert Tel 33-1-47-03-68-58 Tel 33-1-47-03-68-61 Mob 33-6-79-44-66-55 Mob 33-6-85-34-45-94 Maurel Prom

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