MAUREL & PROM - Report of the Combined General Meeting of May 20, 2010

PARIS, May 20, 2010 - The Combined General Meeting of Maurel & Prom shareholders held on
Thursday May 20, 2010, chaired by Mr. Jean-Francois 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, 2009 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 EUR0.10 for 2009, which will be payable
the June 2, 2010.

This press release may contain forward-looking statements with
respect to the financial condition, results of operations, business, strategy
and plans of Maurel & Prom. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and depend on
circumstances that will or may occur in the future. These forward-looking
statements are based on assumptions which we believe are reasonable but that
could ultimately prove inaccurate and are subject to a number of risk
factors, including but not limited to price fluctuations in crude oil;
exchange rate fluctuations; uncertainties inherent in estimating quantities
of oil reserves; actual future production rates and associated costs;
operational problems; political stability; changes in laws and governmental
regulations; wars and acts of terrorism or sabotage.

Maurel & Prom est cote sur Euronext Paris - compartiment A - CAC mid 100
Indice

Isin FR0000051070 / Bloomberg MAU.FP / Reuters MAUP.PA

For further information: www.maureletprom.fr

    Contact:
    INFLUENCES
    t : +33(0)1-42-72-46-76
    e : communication@agence-influences.fr

Contact: INFLUENCES, t : +33(0)1-42-72-46-76, e : communication at agence-influences.fr