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Valiant Petroleum Appoints Kevin Lyon as a Non-executive Director

Wednesday, November 07, 2007

Valiant Petroleum Limited announces that Kevin Lyon has been appointed to the Board as a Non-executive Director. Kevin, a Chartered Accountant, has many years experience in merchant banking and private equity including 3i plc where he held several positions including Managing Director, UK Private Equity.

He currently holds Non-Executive Chairman roles in a range of companies including MK One and Wyndeham Press as well as Non-Executive Director of Booker plc.

Peter Buchanan, Valiant Petroleum’s Chief Executive Officer, commented:

“I am delighted to welcome Kevin to the Board. He brings a wealth of experience to the Company which will be invaluable in helping to shape our future.”