CALGARY, Canada, September 25 /PRNewswire/ -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), announces that Mr. Michael Ebsary, Chief Financial Officer, will be presenting at the First Energy/Société Générale Global Energy Conference in Toronto on Friday, October 3rd, 2008 at approximately 9:50 a.m. Eastern Time (2:50 p.m. London U.K. Time). Investors are invited to listen to the live audio webcast of the presentation via the following link: http://remotecontrol.jetstreammedia.com/15089

In addition, Addax Petroleum announces that Mr. Michael Ebsary will also be presenting at the First Energy/Société Générale Global Energy Conference in London on Monday, October 6th, 2008 at approximately 9:00 a.m. London U.K. Time. Investors are invited to listen to the live audio webcast of the presentation via the following link: http://remotecontrol.jetstreammedia.com/15071

The presentation slides for the above conferences will be available prior to the presentations on Addax Petroleum's website at http://www.addaxpetroleum.com.

About Addax Petroleum

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8,800 bbl/d for 1998 to an average of approximately 136,000 bbl/d for the first half of 2008. Further information about Addax Petroleum is available at http://www.sedar.com, http://www.londonstockexchange.com or the Corporation's website, http://www.addaxpetroleum.com.

CONFERENCE CALL/WEBCAST ADVISORY: FORWARD-LOOKING STATEMENTS

The conference call / webcast may contain forward-looking statements. When used in the call, words such as "anticipate", "expect", "project", "may", "will", "could", "should", "would", "believe'', "intend", "plan", "estimate", "budget'', "outlook'' and similar expressions are intended to identify such forward-looking statements. Although the Corporation believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, economic conditions and commodity prices. While Addax Petroleum makes these forward looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected.

For further information: Mr. Craig Kelly, Investor Relations, Tel.: +41(0)22-702-95-68, craig.kelly@addaxpetroleum.com; Mr. Chad O'Hare, Investor Relations, Tel.: +41(0)-22-702-94-10, chad.o'hare@addaxpetroleum.com; Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: +41(0)22-702-94-44, marie-gabrielle.cajoly@addaxpetroleum.com; Mr. Nick Cowling, Press Relations, Tel.: +1-416-934-8011, nick.cowling@cossette.com; Mr. James Henderson, Press Relations, Tel.: +44(0)20-7743-6673, james.henderson@pelhampr.com; Mr. Alisdair Haythornthwaite, Press Relations, Tel.: +44(0)20-7743-6676, alisdair.haythornthwaite@pelhampr.com

For further information: Mr. Craig Kelly, Investor Relations, Tel.: +41(0) 22-702-95-68, craig.kelly@addaxpetroleum.com; Mr. Chad O'Hare, Investor Relations, Tel.: +41(0)-22-702-94-10, chad.o'hare@addaxpetroleum.com; Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: +41(0)22-702-94-44, marie-gabrielle.cajoly@addaxpetroleum.com; Mr. Nick Cowling, Press Relations, Tel.: +1-416-934-8011, nick.cowling@cossette.com; Mr. James Henderson, Press Relations, Tel.: +44(0)20-7743-6673, james.henderson@pelhampr.com; Mr. Alisdair Haythornthwaite, Press Relations, Tel.: +44(0)20-7743-6676, alisdair.haythornthwaite@pelhampr.com