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Triangle Energy Maiden Dividend Announcement

The Board of Triangle Energy (Global) Limited (Triangle) (TEG) is pleased to announce a maiden dividend of 0.2316 cents per share. Triangle’s accounts are currently being audited and a full year net profit after tax in the order of $7 million is forecast against total revenue of over $14 million for the year ended 30 June 2010. Triangle’s Executive Chairman, John Towner said “In 2009/10 Triangle brought three wells online and generated significant operating revenues. The Board has decided that in addition to further investment in its Pase PSC asset it will make a distribution to shareholders.” Details of 2010 Maiden Dividend (All dated based on announcement date of 7 September 2010) Record date: Thursday 16 September Payment date: Thursday 30 September Amount of dividend: 0.2316 cents per share Pricing Period for Share Price 5 trading days from 17-23 September This dividend will be unfranked and will not be underwritten. It is paid from income that is foreign conduit income. Shareholders are encouraged to contact the Share Registry on + 61 (0) 8 9315 2333 to advise their tax residency status and tax file number in order to minimise withholding tax on their dividend payment.