Altona Resources Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production

6 May 2008

Altona Resources Plc (“Altona” or “the Company”)

EGM Statement

Altona Resources Plc, the AIM listed Australian based energy company, advises that at today’s Extraordinary General Meeting (“EGM”) of the Company, all resolutions in relation to the share subscription with Tongjiang International Energy Co. Ltd (“Tongjiang”) have been duly passed.

As announced on 26 February 2008, Altona signed a share subscription agreement with Tongjiang to raise �11,618,000 through the placing of 240 million new ordinary shares. The funds raised will be used to provide the Company with a substantial part of the funds required to complete the final stage of the bankable feasibility study for Altona’s 10 million barrel per year coal-to-liquids and 560MW co-power generation Arckaringa Project in South Australia.

Following the successful completion of the EGM and under the terms of the Agreement, Tongjiang will complete the second and third tranches as follows:

�        Tranche 2 - Tongjiang will invest a further �2,570,500 by way of a subscription for 53,000,000 Shares at 4.85p per share to be completed by 9 May 2008; and

• Tranche 3 - Tongjiang will invest a further �8,002,500 by way of a subscription for 165,000,000 Shares at 4.85p per share to be completed by 30 June 2008.�

Following the completion of Tranche 2 and 3, Tongjiang will have a 45.9% interest in the issued share capital of the Company.�

Altona Chairman Chris Lambert said, “We are delighted with the result of the EGM to enable us to move forward and complete the share subscription with Tongjiang. Through Tongjiang we look forward to developing relationships in China, including potential off-take agreements as well as building new contacts with potential project financiers and engineering companies.� On behalf of the Board, I would like to thank all of the Altona shareholders who have voted today and reiterate my firm belief that we are now entering into an exciting new phase for the Company.”

Application will be made to the London Stock Exchange for the Shares in respect to Tranche 2 to be admitted to trading on AIM and it is expected that admission will be become effective and that trading in the Shares will commence on 15 May 2008.� Following the completion of Tranche 2, Tongjiang will hold 75,000,000 shares, representing 20.9% of the Company’s enlarged issued share capital.

The total number of ordinary shares in issue following the completion of Tranche 2 will be 358,165,784.

**ENDS**

For further information visit www.altonaresources.com or please contact:

Victoria Thomas

St Brides Media & Finance Ltd

Chaucer House

38 Bow Lane

London EC4M 9AY

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