RNS Number:6006U
Ramco Energy PLC
23 January 2004



23 January 2004

              FURTHER UPDATE ON LEGAL ACTION IN THE UNITED STATES


As previously reported, Ramco was named in an action against a group of
defendants including Halliburton, raised by the Anglo Dutch Petroleum companies,
controlled by Houston resident Scott van Dyke and his mother Theresa van Dyke.


Ramco announced on 27 October 2003 that the jury had delivered a verdict with a
finding against Halliburton of $64 million, a finding against Ramco of $6.4
million and a finding that there was a partnership between the two companies.


The trial judge has now entered a judgement that has upheld the $70.4 million
award and has added $26 million in pre-judgement interest and $9.8 million for
legal costs.

As previously intimated, Ramco will now appeal vigorously the entire judgement
(including the finding of partnership) through the intermediate Court of Appeal
and the Supreme Court of Texas. Both the review and appellate processes are
conducted by judges without the involvement of a jury.


Ramco's co-defendant Halliburton has posted a bond which has the effect of
preventing enforcement of the judgement until the appeal process has been
exhausted.



Enquiries :


Ramco
Steven Bertram, Group Financial Director                01224 352200
Chris Moar, Company Secretary

College Hill
James Henderson                                         020 74570202
Nick Elwes



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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