Aban Offshore Ltd has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Company has posted a net profit of Rs 345.489 million for the quarter ended March 31, 2008 as compared to Rs 295.352 million for the quarter ended March 31, 2007. Total Income has increased from Rs 1535.623 million for the quarter ended March 31, 2007 to Rs 2153.064 million for the quarter ended March 31, 2008.

The Unaudited results for the Year ended March 31, 2008

The Company has posted a net profit of Rs 1579.047 million for the year ended March 31, 2008 as compared to Rs 995.956 million for the year ended March 31, 2007. Total Income has increased from Rs 5645.902 million for the year ended March 31, 2007 to Rs 7396.433 million for the year ended March 31, 2008.

The figures for the year ended March 31, 2007 are Audited.