Lundin Petroleum has received requests for shareholder proposals…to be included in the Notice of its Annual General Meeting to be held on 10 May 2012…The shareholder proposals were included in the Notice and will be addressed at the Annual General Meeting. The Board of Directors of Lundin Petroleum unanimously recommends that shareholders vote against the proposals and has published the reasons for its recommendation under the AGM section of the Company’s website www.lundin-petroleum.com. Lundin Petroleum has refuted allegations and denies any wrongdoing in relation to its past activities in Sudan and Ethiopia. For further information, please refer to the Corporate Responsibility section of the Company’s website www.lundin-petroleum.com.