New Zealand Oil & Gas Ltd

Discovering Our Energy Future

Securities On Issue

Shareholding information

At 28 February 2010 New Zealand Oil & Gas Ltd had the following securities:

Listed Ordinary Shares	389,037,572
Unlisted Partly Paid Shares	4,470,000

Ordinary Shares as at 28 February 2010:

Range	Total Holders	Units	% Issued Capital

1 - 99	91	4,091	0.00
100 - 199	47	5,924	0.00
200 - 499	278	91,662	0.02
500 - 999	1,934	1,277,336	0.32
1,000 - 1,999	2,839	3,720,392	0.96
2,000 - 4,999	3,779	11,759,215	3.02
5,000 - 9,999	2,609	17,229,526	4.43
10,000 - 49,999	3,393	66,306,914	17.04
50,000 - 99,999	439	28,584,819	7.35
100,000 - 499,999	360	65,782,590	16.91
500,000 - 999,999	27	18,523,471	4.76
1,000,000 - 99,999,999	28	175,801,632	45.19

Total	15,824	389,037,572	100.00

PO Box 10725, Wellington, New Zealand Phone: 04 495 2424. Fax: 04 495 2422.

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