News

Oct 3, 2008 - 11:37 ET Antrim Energy Inc.: Directors and Officers Share Transactions

TSX SYMBOL: AEN
AIM SYMBOL: AEY

Employee Share Ownership Plan

CALGARY, ALBERTA--(Marketwire - Oct. 3, 2008) - Antrim Energy Inc. (TSX:AEN) (AIM:AEY) -

On 30 September, 2008 the Company issued 87,615 shares in respect of the Employee Share Ownership Plan(1) (ESOP), of which 28,944 shares were issued to directors and officers. Details of the acquisition of shares by directors and officers are as follows:


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Director/Officer    Shares Issued Purchase Price Total shares   % of issued
                                                         held share capital
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Stephen Greer              15,529        C$1.172    2,794,625          2.07
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Kerry Fulton                6,020        C$1.172       18,549          0.01
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Douglas Olson               7,395        C$1.172       22,395          0.01
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(1) The Directors and officers contribute through their salaries on a monthly basis to the ESOP and shares are issued by the company to participants in the ESOP scheme on a quarterly basis on 31 March, 30 June, 30 September and 31 December at the average of the previous 5 days closing market price of Antrim's shares.

This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.

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INDUSTRY: Energy and Utilities-Oil and Gas SUBJECT: SRP

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FOR FURTHER INFORMATION PLEASE CONTACT:

Antrim Energy Inc.
Douglas Olson
Chief Financial Officer
(403) 264-5111
(403) 264-5113 (FAX)
Email: olson@antrimenergy.com
Website: www.antrimenergy.com

OR

Royal Bank of Canada Europe Limited
Sarah Wharry
Nominated Adviser
+ 44 20 7653 4667