Addax Petroleum announces London Capital Markets Day

    CALGARY, Sept. 19 /CNW/ - Addax Petroleum Corporation (TSX: AXC and LSE:
AXC) ("Addax Petroleum" or the "Corporation") will host a management
presentation to financial analysts and investors on Wednesday, September 24,
2008 in London, U.K. The Corporation's senior management team, including
Mr. Jean Claude Gandur, President and Chief Executive Officer, Mr. James
Pearce, Chief Operating Officer, Mr. Michael Ebsary, Chief Financial Officer,
and Mr. Jeff Schrull, General Manager Exploration, will discuss the
Corporation's most recent operating results and expectations regarding future

    Conference call/webcast details:

    Date:  Wednesday, September 24, 2008
    Time:  10:00 a.m. London, U.K. time

    To listen to the conference call, please call one of the following:
    Toll-free (Canada):         1 866 629 2713
    Toll-free (U.S):            1 866 629 2704
    Toll-free (U.K.):           0800 634 5205
    Local UK:                   0208 817 9301
    Toll-free (Switzerland):    0800 000 720
    International:              +44 208 817 9301

    A replay of the conference call will be available until Thursday,
October 16, 2008 using the passcode 1397836 (followed by the number sign) at
the following:
    U.K.:            0207 769 6425
    International:   +44 207 769 6425 or +353 1 436 4267

    A live webcast of the presentation will be available via the following
<a href=""></a>
<a href="">tal-markets-day/index.htm</a>

    The Capital Markets Day presentation materials will be available on the
Corporation's website at

    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, or the Corporation's website,


    The conference call/webcast may contain forward-looking statements. When
used in the call, words such as "anticipate", "expect", "project", 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:

For further information: Mr. Patrick Spollen, Investor Relations, Tel.:
+41 (0) 22 702 95 47,; Mr. Craig Kelly,
Investor Relations, Tel.: +41 (0) 22 702 95 68,; Ms. Marie-Gabrielle Cajoly, Press Relations,
Tel.: +41(0) 22 702 94 44,; Mr. Nick
Cowling, Press Relations, Tel.: (416) 934-8011,; Mr.
James Henderson, Press Relations, Tel.: +44 (0) 20 7743 6673,; Mr. Alisdair Haythornthwaite, Press Relations,
Tel.: +44 (0) 20 7743 6676,

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