Warrant vesting

Details Company Name: Nostra Terra Oil & Gas Ticker: NTOG Date Posted: Monday, 22nd February 2010 Price: 0.89 (as of Friday, 19th February 2010)

Further  to  the  warrant  issue  announced  on  30  June  2009,  the  Company's Remuneration  Committee  has  determined that the conditions  attaching  to  the warrants  granted  to  Mr Lofgran have been satisfied in respect  of  62,500,000 warrants.  These are accordingly now capable of exercise at a price of 0.1p  per ordinary share.  Warrants to subscribe for a further 217,842,506 ordinary shares at  a  price  of 0.1p per share have not yet vested.  Warrants once  vested  are capable  of exercise at any time, subject to any restrictions contained  in  the AIM  Rules  for  Companies  and the Company's Code  on  Dealings  in  Securities (amongst  others), until 30 June 2012, subject to extension if  the  Company  is then in a close period as defined in the AIM Rules.