Maurel & Prom - Report of the Combined General Meeting of June 29, 2011

PARIS, June 29, 2011 -

The Combined General Meeting of Maurel & Prom shareholders
held on Wednesday June 29, 2011, chaired by Mr. Jean-François
HENIN, Chairman and Chief Executive Officer approved all the
resolutions submitted.

The General Meeting approved the consolidated financial
statements for the period ending December 31, 2010 and delivered a
quitus to the Board of Directors.

Upon proposal of this Board of Directors, the Shareholders’
Meeting approved the payment of a dividend of €0.25 per share for
2010, which will be payable the July 7, 2011.

This document may contain forward-looking statements
regarding the financial position, results, business, and industrial
strategy of Maurel & Prom. By nature, forward-looking
statements contain risks and uncertainties to the extent that they
are based on events or circumstances that may or may not happen in
the future. These projections are based on assumptions we believe
to be reasonable, but which may prove to be incorrect and which
depend on a number of risk factors such as, fluctuations in crude
oil prices, changes in exchange rates, uncertainties related to the
valuation of our oil reserves, actual rates of oil production and
the related costs, operational problems, political stability,
legislative or regulatory reforms, or even wars, terrorism or
sabotage.

Maurel & Prom is listed for trading on Euronext Paris -
compartiment A - CAC® mid 60 - SBF120® - CAC® Mid & &Small
- CAC® All-Tradable - CAC® All-Share
ISIN FR0000051070 / Bloomberg MAU.FP / Reuters
MAUP.PA

For more information, go to www.maureletprom.fr

Contact:
INFLUENCES
T: +33-1-42-72-46-76
E: href="mailto:g.croullebois@agence-influences.fr">communication@agence-influences.fr
 

.