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Press release from Marketwire

Ithaca Energy Inc Announces Additional Listing

Thursday, February 07, 2013

Ithaca Energy Inc Announces Additional Listing02:16 EST Thursday, February 07, 2013ABERDEEN, SCOTLAND--(Marketwire - February 06, 2013) -TSX-V:IAENot for Distribution to U.S. Newswire Services or for Dissemination inthe United States Ithaca Energy Inc. Additional listing 7 February 2013Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) announces that followingrecent exercises of options by employees under the Company's stockoption plan, the Company has applied for a total of 33,333 commonshares ("New Common Shares") to be admitted to trading on AIM. Each NewCommon Share will rank pari passu with the existing common shares.Following this application, the Company will have 259,953,336 CommonShares outstanding with one voting right per Common Share. There are noCommon Shares held by Ithaca in treasury. The total number of votingshares in the Company is therefore 259,953,336. This figure may be usedby shareholders in the Company as the denominator for the calculationsby which they will determine if they are required to notify theirinterest in, or a change in their interest in, the share capital of theCompany under the UK Financial Services Authority's Disclosure andTransparency Rules.It is expected that dealings in the New Common Shares will commence 12February 2013.Enquiries:Ithaca Energy:Iain McKendrick, CEO imckendrick@ithacaenergy.com +44 (0) 1224 650 261Graham Forbes, CFO gforbes@ithacaenergy.com +44 (0) 1224 652 151FTI Consulting:Billy Clegg billy.clegg@fticonsulting.com +44 (0) 207 269 7157Edward Westropp edward.westropp@fticonsulting.com +44 (0) 207 269 7230Georgia Mann georgia.mann@fticonsulting.com +44 (0) 207 269 7212Cenkos Securities plc:Jon Fitzpatrick jfitzpatrick@cenkos.com +44 (0) 207 397 8900Ken Fleming kfleming@cenkos.com +44 (0) 131 220 6939RBC Capital Markets:Tim Chapman tim.chapman@rbccm.com +44 (0) 207 653 4641Matthew Coakes matthew.coakes@rbccm.com +44 (0) 207 653 4871About Ithaca Energy:Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) and its wholly ownedsubsidiary Ithaca Energy (UK) Limited ("Ithaca" or "the Company"),is anoil and gas operator focused on North Sea production, appraisal anddevelopment activities. The Company's strategy is centred on buildinga highly profitable North Sea oil and gas company by maximisingproduction and cashflow from its existing assets, the appraisal anddevelopment of existing discoveries on properties held by the Companyand the delivery of additional growth via acquisitions and licenceround participation.Not for Distribution to U.S. Newswire Services or for Dissemination inthe United StatesForward-looking statementsSome of the statements in this announcement are forward-looking.Forward-looking statements include statements regarding the intent,belief and current expectations of Ithaca Energy Inc. or its officerswith respect to various matters. When used in this announcement, thewords "anticipate", "continue", "estimate", "expect", "may","will","project", "plan", "should", "believe", "could", "target" andsimilar expressions, and the negatives thereof., whether used in connectionwith operational activities, production forecasts, budgetary figurescontained in the corporate presentation, potential developments orotherwise, are intended to identify forward-looking statements. Suchstatements are not promises or guarantees, and are subject to known andunknown risks and uncertainties and other factors that may cause actualresults or events to differ materially from those anticipated in suchforward-looking statements or information. These forward-lookingstatements speak only as of the date of this announcement. IthacaEnergy Inc. expressly disclaims any obligation or undertaking torelease publicly any updates or revisions to any forward-lookingstatement contained herein to reflect any change in its expectationswith regard thereto or any change in events, conditions orcircumstances on which any forward-looking statement is based except asrequired by applicable securities laws.-ENDS- This information is provided by RNS The company news service from the London Stock ExchangeENDFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: RNSCustomerServices0044-207797-4400rns@londonstockexchange.comhttp://www.rns.com