Orrön Energy

Report Publication Announcement • Jul 31, 2009

31 July 2009

LUNDIN PETROLEUM TO RELEASE SIX MONTH REPORT 2009, WEDNESDAY 12 AUGUST 2009

A live webcast presentation will be held on Wednesday the 12 August 2009 at 08.00 Central European Time (CET).

The six month report will be published at approximately 07.00 (CET).

Ashley Heppenstall, President and CEO, and Geoff Turbott, CFO, will comment on the report and the latest developments in Lundin Petroleum.

Follow the presentation live on www.lundin-petroleum.com. The slides will be available on the website prior to the presentation.

You can also dial in to listen to the presentation on the following telephone number; Sweden:+46-8 505 598 53 UK: +44 203 043 24 36

Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a well balanced portfolio of world-class assets in Europe, Africa, Russia and the Far East. The Company is listed at the Nordic Exchange, Sweden (ticker "LUPE"). Lundin Petroleum has proven and probable reserves of 265 million barrels of oil equivalent (mmboe).

For further information, please contact:

C. Ashley Heppenstall, President and CEO Tel: +41 22 595 10 00

or Maria Hamilton Head of Corporate Communications Tel: +46 8 440 54 50

Visit our website: www.lundin-petroleum.com