Press Releases

DUBLIN, IRELAND -- (MARKET WIRE) -- 02/10/12 -- San Leon Energy Plc ("San Leon" or the "Company") (AIM: SLE) -

San Leon, the fast growing oil and gas company with an extensive portfolio of assets across Europe and North Africa, is pleased to announce the successful completion of its second shale gas exploration well in Poland's Baltic Basin. The Talisman Energy operated Rogity-1 well, on the Braniewo S Concession in Poland, has been drilled to a depth of 2,788 meters. During drilling continuous gas shows were encountered over more than 500 meters of the Lower Silurian, Ordovician, and Middle Cambrian sections. The rich gas shows consisted of heavy hydrocarbons, including C1-nC8. The richness of the gas shows is consistent with a wet gas system, confirming the Company's regional model of the eastern side of the basin being in the oil window. The strongest gas shows, along with indications of oil, were encountered in the Lower Silurian interval, which is estimated to be over 100 meters thick. Oil shows were also encountered in Ordovician limestones and shales, and in Middle Cambrian sandstone.

334 meters of continuous core were taken in the well to evaluate the reservoir properties and mechanical properties of the Lower Silurian, Ordovician, and Middle Cambrian sections. In addition an extensive open hole logging program was also performed to further evaluate the potential of the well. Evaluation and interpretation of the core and logs is expected to take 3-4 months in preparation for continued operations later in 2012. The well was completed and cased for future operations, which could include pressure testing of the formations (DFIT test) and a possible vertical frac across several intervals. Future operations in the Braniewo S Concession are expected to include a long offset horizontal well as well as a multistage frac.

Talisman will next move the rig to the Szczawno concession to drill the Szymkowo-1 well.

Oisin Fanning, Chairman of San Leon commented:

"We are excited by the successful drilling and significant data gathering at the Rogity-1 well. Our initial results show the regional variability of the basin and have confirmed our model of a more liquids rich system on the eastern edge of the basin. This is yet another milestone for San Leon and our successful partnership with Talisman Energy. Our continued systematic approach towards evaluating our geographically and geologically diverse unconventional gas acreage in Poland is paying off."

Qualified person

John Buggenhagen, who has reviewed this update, has over 15 years experience in the oil & gas industry. He has a Ph.D. and M.Sc. in Geophysics from the University of Wyoming and a B.Sc. in Geophysics from the University of Arizona. He is currently the Director of Exploration for the San Leon Energy Group and based in San Leon's Warsaw office in Poland.

Notes to editors:

San Leon is an independent fast growing oil and gas exploration company and is Europe's leading shale gas company by acreage. The Company has an extensive portfolio of assets in Europe and North Africa that will enable it to provide energy solutions for the future.

San Leon's assets are located in Poland, Morocco, Albania, Ireland, Spain and Italy. The Company's portfolio across these geographies is made up of both shale (Poland Baltic Basin, Morocco and Spain) and conventional exploration assets.

San Leon's key objective is to grow the Company significantly and to become a leading European oil and gas player delivering value to all its stakeholders. To achieve this San Leon, since it was founded in 1995, has built a balanced portfolio as well as an exceptional technical team.

The Company is listed on London's Alternative Investment Market (ticker symbol: SLE). As at 30 June 2011 the Company had EUR42.2 million of cash and cash equivalents.

Contacts:
San Leon Energy Plc
Oisin Fanning
Executive Chairman
+ 353 1291 6292

San Leon Energy Plc
Dr John Buggenhagen
Exploration Director
+ 353 1291 6292
www.sanleonenergy.com

Macquarie Capital (Europe) Limited
Paul Connolly
+44 (0) 20 3037 2000

Macquarie Capital (Europe) Limited
John Dwyer
+44 (0) 20 3037 2000

Westhouse Securities
Antonio Bossi
+44 (0) 20 7601 6100

Westhouse Securities
Richard Johnson
+44 (0) 20 7601 6100

College Hill Associates
Nick Elwes
+44 (0) 20 7457 2020

Source: San Leon Energy Plc

DUBLIN, IRELAND--(Marketwire - Feb. 10, 2012) - San Leon Energy Plc ("San Leon" or the "Company") (AIM: SLE) -

San Leon, the fast growing oil and gas company with an extensive portfolio of assets across Europe and North Africa, is pleased to announce the successful completion of its second shale gas exploration well in Poland's Baltic Basin. The Talisman Energy operated Rogity-1 well, on the Braniewo S Concession in Poland, has been drilled to a depth of 2,788 meters. During drilling continuous gas shows were encountered over more than 500 meters of the Lower Silurian, Ordovician, and Middle Cambrian sections. The rich gas shows consisted of heavy hydrocarbons, including C1-nC8. The richness of the gas shows is consistent with a wet gas system, confirming the Company's regional model of the eastern side of the basin being in the oil window. The strongest gas shows, along with indications of oil, were encountered in the Lower Silurian interval, which is estimated to be over 100 meters thick. Oil shows were also encountered in Ordovician limestones and shales, and in Middle Cambrian sandstone.

334 meters of continuous core were taken in the well to evaluate the reservoir properties and mechanical properties of the Lower Silurian, Ordovician, and Middle Cambrian sections. In addition an extensive open hole logging program was also performed to further evaluate the potential of the well. Evaluation and interpretation of the core and logs is expected to take 3-4 months in preparation for continued operations later in 2012. The well was completed and cased for future operations, which could include pressure testing of the formations (DFIT test) and a possible vertical frac across several intervals. Future operations in the Braniewo S Concession are expected to include a long offset horizontal well as well as a multistage frac.

Talisman will next move the rig to the Szczawno concession to drill the Szymkowo-1 well.

Oisin Fanning, Chairman of San Leon commented:

"We are excited by the successful drilling and significant data gathering at the Rogity-1 well. Our initial results show the regional variability of the basin and have confirmed our model of a more liquids rich system on the eastern edge of the basin. This is yet another milestone for San Leon and our successful partnership with Talisman Energy. Our continued systematic approach towards evaluating our geographically and geologically diverse unconventional gas acreage in Poland is paying off."

Qualified person

John Buggenhagen, who has reviewed this update, has over 15 years experience in the oil & gas industry. He has a Ph.D. and M.Sc. in Geophysics from the University of Wyoming and a B.Sc. in Geophysics from the University of Arizona. He is currently the Director of Exploration for the San Leon Energy Group and based in San Leon's Warsaw office in Poland.

Notes to editors:

San Leon is an independent fast growing oil and gas exploration company and is Europe's leading shale gas company by acreage. The Company has an extensive portfolio of assets in Europe and North Africa that will enable it to provide energy solutions for the future.

San Leon's assets are located in Poland, Morocco, Albania, Ireland, Spain and Italy. The Company's portfolio across these geographies is made up of both shale (Poland Baltic Basin, Morocco and Spain) and conventional exploration assets.

San Leon's key objective is to grow the Company significantly and to become a leading European oil and gas player delivering value to all its stakeholders. To achieve this San Leon, since it was founded in 1995, has built a balanced portfolio as well as an exceptional technical team.

The Company is listed on London's Alternative Investment Market (ticker symbol: SLE). As at 30 June 2011 the Company had EUR42.2 million of cash and cash equivalents.

FOR FURTHER INFORMATION PLEASE CONTACT:
        San Leon Energy Plc
        Oisin Fanning
        Executive Chairman
        + 353 1291 6292

        San Leon Energy Plc
        Dr John Buggenhagen
        Exploration Director
        + 353 1291 6292
        www.sanleonenergy.com

        Macquarie Capital (Europe) Limited
        Paul Connolly
        +44 (0) 20 3037 2000

        Macquarie Capital (Europe) Limited
        John Dwyer
        +44 (0) 20 3037 2000

        Westhouse Securities
        Antonio Bossi
        +44 (0) 20 7601 6100

        Westhouse Securities
        Richard Johnson
        +44 (0) 20 7601 6100

        College Hill Associates
        Nick Elwes
        +44 (0) 20 7457 2020

Source: San Leon Energy Plc

LONDON -- (MARKET WIRE) -- 02/10/12 --

GlobeOp Capital Movement Index: February inflows advance 2.25%

Hedge fund flows as measured by
the GlobeOp Capital Movement Index advanced 2.25% in February."Net flows
were positive, against a backdrop of record low outflows,"
said Hans Hufschmid, chief executive officer, GlobeOp Financial
Services (LSE: GO.).

The GlobeOp Capital Movement Index represents the monthly net of hedge
fund subscriptions and redemptions administered by GlobeOp. This
monthly net is divided by the total assets under administration (AuA)
for GlobeOp's fund administration clients.

Cumulatively, the GlobeOp Capital Movement Index for February 2012
stands at 142.60 points, an increase of 2.25 points over January 2012.
The Index has advanced 13.48 points over the past 12 months. The next
publication date is March 12, 2012.

Published on the eighth business day of each month, the GlobeOp Capital
Movement Index presents a timely and accurate view of investments in
hedge funds on the GlobeOp administration platform. Data is based on
actual subscriptions and redemptions independently calculated and
confirmed from real capital movements, and published only a few
business days after they occur. Following the month of its release, the
Index may be updated for capital movements that occurred after the 5th
business day when the data is drawn for publication.

- ends -

GlobeOp Financial Services
GlobeOp Financial Services (LSE: GO.) is an independent administrator of
middle and back office services, integrated risk reporting and
portfolio analytics for hedge funds, managed accounts and fund of
funds. Our expertise further extends to family wealth offices,
insurance companies, pension funds, corporate treasuries and private/
regional banks. By outsourcing to GlobeOp, clients can reduce their
technology investments and operational risks, while increasing their
focus on asset generation and portfolio management. Established in
2000, GlobeOp serves approximately 200 clients worldwide, representing
$173 billion in assets under administration. Headquartered in London
and New York, GlobeOp employs over 2,000 people on three continents
through its 11 offices in the Cayman Islands, India, Ireland, the UK
and US. Further information: www.globeop.com, www.twitter.com/GlobeOp,
www.globeopindex.com


About the GlobeOp Hedge Fund Index
GlobeOp Financial Services (LSE: GO.) offers an independent monthly
window onto hedge fund capital flows following the launch in April 2011
of the first indices in the GlobeOp Hedge Fund Index family. It is the
first index by a hedge fund administrator, and offers clients,
investors and the overall market transparency on liquidity and investor
sentiment based on a significant platform of assets. The GlobeOp Hedge
Fund Index is available on www.globeopindex.com,
http://funds.us.reuters.com/US/overview.asp, or
http://funds.uk.reuters.com/UK/overview.asp, or through a link on
the homepage of www.globeop.com.

Alert and RSS subscriber options are available on www.globeop.com.
Index Twitter comments: #HFindex.


The first two Indices - the GlobeOp Capital Movement Index and the
GlobeOp Forward Redemption Indicator- provide monthly reports based on
actual and anticipated capital movement data independently collected
from all hedge fund clients for whom GlobeOp provides administration
services. While individual fund data is anonymized by aggregation,
Index data will be based on the same reconciled fund data GlobeOp uses
to produce fund net asset value (NAV) reports. GlobeOp's total assets
under administration represent approximately eight to 10 percent of the
estimated assets currently invested in the hedge fund sector. The
investment strategies of the funds in the Indices span a representative
industry sample. Data for middle and back office clients who are not
fund administration clients is not included in the Index but is
included in the company's results announcement data about AuA.


GlobeOp Capital Movement Index

Base                   100 points on 31 December 2005
All time high          145.81 in September 2008
All time low           99.67 in January 2006
12-month high          142.60 in February 2012
12-month low           130.22 in April 2011
Largest monthly change - 15.21 in January 2009


GlobeOp Forward Redemption Indicator

All time high          19.27% in November 2008
All time low           1.85% in January 2012
12-month high          4.58% in December 2011
12-month low           1.85% in January 2012
Largest monthly change 9.60% in November 2008



GlobeOp, GlobeOp Hedge Fund Index and the GlobeOp "G" are trade or
service marks of GlobeOp and its affiliates.


Media Contacts
Financial Media
Gill Ackers
Tel. +44 (0)20 7404 5959Email: goteam@brunswickgroup.com

Trade Media
Kate Webby
Metia (UK)
+44 (0) 203 100 3707
Kate.Webby@metia.com

Sheryl Lee
Metia (US)
+1 917 320 6462
Sheryl.Lee@metia.com

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

END

Contacts:
RNS
Customer
Services
0044-207797-4400
Email Contact
http://www.rns.com

Source: GlobeOp Financial Services S.A.

STOCKHOLM--(BUSINESS WIRE)-- Regulatory News:

SSAB (STO:SSABA):

The quarter

-- Sales were up 7%, to SEK 10,898 (10,205) million

-- Operating profit improved to SEK 50 (-55) million

-- Profit after financial items improved to SEK -98 (-150) million

-- Earnings per share of SEK -0.23 (-0,37)

-- Operating cash flow improved to SEK 1,671 (-105) million and cash flow from current operations amounted to SEK 1,828 (-376) million

The full year

-- Sales were up 12%, to SEK 44,640 (39,883) million

-- Operating profit improved to SEK 2,512 (1,132) million

-- Profit after financial items improved to SEK 1,998 (730) million

-- Earnings per share of SEK 4.82 (2.23)

-- Operating cash flow of SEK 2,821 (-172) million and cash flow from current operations of SEK 2,200 (-731) million

-- Niche products now account for 37 (32)% of steel shipments

-- Proposed divided of SEK 2.00 (2.00) per share, equal to SEK 648 (648) million

(In the report, amounts in brackets refer to the corresponding period of last year. Periods have been adjusted as a consequence of changed accounting principles; see page 22 for details).

Comments by the CEO

The operating profit of SEK 50 (-55) million for the fourth quarter reflects a continued weak trend in, first and foremost, Europe. In line with the information provided in the third quarter report, during the fourth quarter we noted lower prices for our standard products in both Europe and North America, whereas our high strength steels experienced a more moderate fall in prices.

During the fourth quarter, we essentially eliminated the inventories that had been built up to address any shortages during the major capital expenditure and maintenance outages of the summer and autumn, and this contributed to an improvement in operating cash flow to SEK 1.7 (-0.1) billion.

The weak trend in Europe resulted in significant inventory reductions at our customers during the autumn. We have also noted inventory reductions on other markets, but not to the same extent.

As a consequence of the low demand in Europe, one of our blast furnaces in Oxelösund remained inoperative during the fourth quarter. Consequently, capacity utilization in our Swedish operations was approximately 70 percent. Carbon dioxide emissions from the operations fell as a consequence of the lower production, and thus during the fourth quarter we were able to sell those emission rights that we did not need to utilize. Apart from a scheduled maintenance outage in Montpelier, we have produced at normal capacity utilization in our Americas operations. The Americas business area continues to deliver good results and, in independent customer surveys, has been designated as the best supplier among steel producers on the North American market.

We expect the investment in the new quenching line in Mobile to be brought into commission during the second quarter. Together with the investment in a new cooling line in Borlänge and the investment in thick quenched plate production in Oxelösund, we enjoy a world-unique breadth in our range of quenched steels. We are strengthening the Group Executive Committee with two positions in order to further exploit the possibilities on the market and to increase endeavors in the work on developing high strength steels. One of the positions involves overall responsibility for marketing and sales issues, while the other entails a corresponding responsibility for technical and product development.

The trend going forward varies depending on market. There are clear signs that a recovery has begun in North America, and several plate producers have announced price increases as regards shipments during the first quarter. Demand in Europe remains weak, with low price levels. We have thus initiated an efficiency program within EMEA which, through structural measures, increase of flexibility and a general review of costs, will lead to a reduction of approximately SEK 800 million in the cost base. The payback time for the program will be less than a year. In Asia and Latin America, the stable trend is continuing. The trend of declining prices in large parts of the world during the fourth quarter will have a negative impact on SSAB's prices in the first quarter of 2012. Due to lower iron ore prices, our iron ore agreements for deliveries during the first quarter have been renegotiated, and this will impact positively on earnings for the second quarter.

Martin Lindqvist President & CEO

SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 45 countries and operates production facilities in Sweden and the US. SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm. www.ssab.com.

This information is such that SSAB must disclose in accordance with the Securities Markets Act. The information was submitted for publication on February 10, 2012 at 08.00 am.

This information was brought to you by Cision http://www.cisionwire.com

SSABHelena Stålnert, Executive Vice President, CommunicationsPhone: +46 8 45 45 734orCatarina Ihre, Director, Investor RelationsPhone: +46 8 45 45 729

Source: SSAB

LONDON, UNITED KINGDOM -- (MARKET WIRE) -- 02/10/12 -- Bower Retirement Services, the award-winning equity release advisers, are proud to announce their selection as one of the commercial partners of advant-Age, which helps to raise much needed funds for older people in England & Wales.

advant-Age is a Social Enterprise which was established to support the work of older people's charities by providing them with opportunities to raise income through trading. advant-Age is owned and operated by Age Concerns from Birmingham, Hampshire, Liverpool & Sefton and Slough & Berkshire East. Income generated helps to support the work of charities for older people in England and Wales.

Under the new partnership, advant-Age will act as an introducer to Bower Retirement Services for their clients who are considering equity release as a method of releasing funds tied up in their homes in order to raise a cash lump sum or to supplement their income.

Dil Daly, the Chief Executive of Age Concern Liverpool & Sefton and Chairman of advant-Age said:

"We are delighted to be working with Bower Retirement Services, an award winning company providing a much needed and greatly valued service."

Geoff Charles, Managing Director of Bower Retirement Services said:

"It is a privilege for our dedicated team of advisers to be working with advant-Age in improving the quality of life for homeowners aged over 55 by giving them access to equity built up in their homes.

Bower Retirement Services offer impartial and independent financial advice on equity release plans and are regulated by the Financial Services Authority.

Bower won three prestigious awards at the recent annual industry awards ceremony hosted by Safe Home Income Plans ("SHIP").

For more information please call 0800 411 8668.

About Bower Retirement Services

Bower Retirement Services are an award-winning specialist UK equity release advice company. Fully regulated and authorised by the Financial Services Authority (FSA) to provide advice on equity release products from the whole market. Winners at the 2009 and 2011 Equity Release Awards, with Bower customers are guaranteed to receive the very best equity release advice.

Contacts:
PR Contact
Nigel Hare-Scott
+44 (0)1277 262 724
nigelhs@brsequity.co.uk

Source: Bower Retirement Services