Malabo February 20, 2009

On February 11th, 2009, the Ministry of Mines Industry and Energy, the National Gas Company of Equatorial Guinea (Sonagas-GE), E.ON Ruhrgas, Union Fenosa Gas and Galp Energia signed a shareholders agreement and other documents establishing the Gulf of Guinea Gas Gathering Company. Through this company the parties will take the necessary steps to develop a regional system to gather available gas in the Gulf of Guinea, much of which is currently being flared, for processing in Equatorial Guinea. The establishment of this company is a major step towards the dual goals of eliminating the flaring of gas and regional economic integration.