Sequa Petroleum N.V. - Notice to Bondholders

London (ots/PRNewswire) - Notice to holders (the Bondholders) of
US$300,000,000 5.00 per cent convertible bonds due 2020 (of which
US$204,400,000 in principal amount remain outstanding) (ISIN:
XS1220076779) (the Bonds) issued by Sequa Petroleum N.V. (the
Issuer).

Notice has been given to the Bondholders in connection with the
Issuer's request for Bondholder approval to amend by way of written
resolution the terms and conditions of the Bonds for the purposes of
facilitating the issuance of further bonds by the Issuer and its
subsidiary, Tellus Petroleum AS, to finance the acquisition of
certain interests in the Gina Krog oil field located on the Norwegian
continental shelf.

A copy of the Notice is available on Sequa Petroleum N.V.'s website
at: http://www.sequa-petroleum.com

Contacts:

Jacob Broekhuijsen, Chief Executive Officer +44(0)203-728-4450

[email protected]

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN

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