NEW YORK, Jan. 3 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the units of Zion Oil & Gas, Inc. under the ticker symbol ZN. Zion Oil & Gas is a U.S.-based corporation formed under Delaware law, exploring for oil and gas in Israel on licensed and permitted areas of approximately 219,000 acres located onshore between Tel Aviv and Haifa. "We are pleased to welcome Zion Oil & Gas, Inc. to be the first company in 2007 to list on the American Stock Exchange," said John McGonegal, senior vice president of the Amex Equities Group. "Many energy companies have chosen the Amex as their home, and we are confident we can offer Zion Oil the value-added services that a growing company needs to succeed in today's competitive market." The specialist for Zion Oil & Gas, Inc. will be AGS Specialist, LLC. For further information on ZN and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 222 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: The American Stock Exchange CONTACT: Catherine Chantharaj of American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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