Exillon Energy Provides Production Update

Exillon Energy plc, an independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”) is pleased to announce that on 3 July 2010, Exillon Energy reached a combined production rate of 6,500 bbl/day from the Exillon TP and Exillon WS fields (Exillon TP 3,350 bbl/day; Exillon WS 3,150 bbl/day), which is about 600 bbl/day ahead of the production target announced previously. Upon completion of additional infrastructure projects remaining behind-pipe production capacity of 2,800 bbl/day will be added to the production flow.