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CENTRAL PETROLEUM LIMITED M&A Activity 2008

Mar 31, 2008

64718_rns_2008-03-31_ca15bacf-252b-4eda-bb9a-b5395da2a504.pdf

M&A Activity

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1 April 2008

Companies Announcements Office Australian Stock Exchange Limited 10[th] Floor, 20 Bond Street SYDNEY NSW 2000

Dear Sir/Madam,

RE: Sale of Interests to Advent Energy Ltd

MEC Resources Ltd proposes to sell its share interests in Central Petroleum Ltd and its subsidiary Asset Energy Pty Ltd.

Advent Energy, a subsidiary of MEC Resources will acquire these interests as part of this transaction in exchange for 45,701,240 shares within Advent Energy.

Shareholder approval has been attained from Advent Energy however; this transaction is subject to approval by the shareholders of MEC Resources. A notice of meeting is being finalised and will be sent to shareholders.

Yours Sincerely

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David Breeze Executive Director

MEC Resources Ltd

ACN 113 900 020 PO Box 317, North Perth, WA 6906 14 View Street, North Perth 6006, Western Australia T: +61 8 9328 8477 F: +61 8 9328 8733 [email protected] www.mecresources.com.au