DISCLAIMER

Please be aware that the only website for Dolphin Energy Limited is www.dolphinenergy.com. Any other website which appears to be related to Dolphin Energy Limited is unauthorized and fraudulent.

We have recently become aware of several such unauthorized, fraudulent websites and have reported them to relevant authorities.

Please note that Dolphin Energy and its shareholders have no affiliation with such unauthorized, fraudulent websites and are not responsible or liable with respect to their content or any communication or transactions related to them.

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VAT/TAX REGISTRATION DETAILS

UAE

Dolphin Energy Ltd. has successfully registered for Value Added Tax (VAT) with the Federal Tax Authority (FTA). Our VAT Registration Number is: 100012226500003.

QATAR

Dolphin Energy Ltd. has successfully registered for Dhareeba Tax Portal with General Tax Authority (GTA). Our TIN Registration Number is: 5000436444.

press releases

December 15, 2004 Abu Dhabi

Dolphin Energy Receives Annual Environment Award From

Readers Select Dolphin’s Three-Year Coral Reef
Preservation Project as the 2004 Winner

Abu Dhabi, December 15, 2004 – Dolphin Energy Limited has been selected by readers of the regional energy journal ‘Pipeline Magazine’ as winner of its 2004 Excellence in Energy Award for ‘Best in Environment’.

This award – which is entirely based on voting by the journal’s readers – recognizes Dolphin’s sponsorship of the World Wide Fund for Nature’s (WWF) initiative to research and protect coral reef habitats in the UAE and Qatar.

Dolphin Energy’s Executive Vice President Operations, Ibrahim Ahmed Al Ansari, will receive the award during tonight’s Excellence in Energy Awards Ceremony

The event takes place at Dubai’s Nad Al Sheba Club under the patronage of the UAE Minister of Energy, H E Mohammed Bin Dha’en Al Hamili: it honors high achievers throughout the region’s oil and gas industry on an annual basis.

The award to Dolphin relates to the three year research and study project which the company has launched in association with the WWF, with ERWDA (the Abu Dhabi Environmental Research and Wildlife Development Agency) and SCENR (Qatar’s Supreme Council for the Environment & Nature Reserves).

Dolphin’s sponsorship totals $500,000. The project will run from 2004 through 2006, to establish a complete picture of the status and threats to coral reefs in the Arabian Gulf – and to prepare a conservation plan for potential protected areas and restoration. An atlas and full identification guide are to follow.

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