RNS Number:6810H
Arko Energy Holdings PLC
19 February 2003

FOR IMMEDIATE RELEASE                                                   
                               19 February 2003

                   ANNOUNCEMENT TO THE LONDON STOCK EXCHANGE

               Arko Energy Holdings plc ("the Company" or "Arko")

                Issue of new shares following exercise of option

The Directors of the Company announce the issue of 100,000 new ordinary shares
of 0.5p each resulting from the exercise of an option.


Application has been made for the 100,000 shares so issued to be admitted to
trading on AIM and it is anticipated that the shares will be so admitted on 25
February 2003.



Enquiries:


Angela Leung - Arko Energy Holdings plc
13th Floor, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong
Tel: 00 852 2219 9999            Email: angelal@arkoholdings.com


Robert Lo - Nabarro Wells & Co. Limited
Tel: 020 7710 7407                Email: robertlo@nabarro-wells.co.uk



Nigel Atkinson- Nabarro Wells & Co. Limited
Tel: 020 7710 7408                Email: nigelatkinson@nabarro-wells.co.uk



Shane Dolan - Biddicks
Tel:020 7448 1000                Email: shane.dolan@biddicks.co.uk




                      This information is provided by RNS
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