Triton Energy Corp. (TSX VENTURE:TEZ) ("Triton" or the "Corporation") announces
that it has granted options to purchase an aggregate of 625,000 common shares of
the Corporation at an exercise price of $0.45 per common share ("Options"), of
which options to purchase an aggregate of 550,000 common shares were granted to
directors and officers of the Corporation. The Options have vesting periods
ranging up to three years from the date of grant and expire five years from the
date of grant. The Options were issued in accordance with the Corporation's
shareholder approved stock option plan, which reserves for issuance on exercise
of stock options a maximum of ten per cent of the number of common shares of the
Corporation outstanding, from time to time.


Triton is a Calgary, Alberta based Corporation engaged in the exploration,
development and production of petroleum and natural gas. The Corporation's
common shares are listed on the TSX Venture Exchange under the trading symbol
"TEZ".


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