Borders & Southern Petroleum plc : Exercise of Options

01/26/2012| 05:26am US/Eastern

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26 January 2012

Borders & Southern Petroleum plc (AIM: BOR)

Exercise of Share Options

Borders and Southern Petroleum plc ("Borders & Southern" or "the Company") announces that the Companyhas today issued and allotted 200,000 new ordinary shares pursuant to the exercise of options at an exercise price of £0.26.  Application will be made for these new shares to be admitted to trading on AIM and dealings are expected to commence on 1 February 2012.

The revised total number of ordinary shares in issue will be 428,778,404.

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