Source: Manas Petroleum                        Date: 21 October, 2010

Manas Petroleum Corporation has announced the start-up of seismic operations on Blocks XIII and XIV in Mongolia as planned for the year 2010, and is anticipated to be completed by November 2010. All operating licenses and permits have been received and the contractor's personnel and equipment are on site. This program includes 300 km of 2D seismic survey which represents the required work program for the year 2011 in accordance with the terms of the Product Sharing Contract.

Gobi Energy Partners LLC, a Mongolian subsidiary owned by Manas through its Swiss subsidiary DWM Petroleum AG, is the operator of the project. Gobi has an agreement for seismic services with the Chinese company DQE International Tamsag (Mongol) LLC, a subsidiary of CNPC Daqing Petroleum.

The purpose of the vibro-seismic survey is to increase the chances of success of the exploratory wells intended to be drilled upon completion and interpretation of the new seismic data. The first well is anticipated to be drilled in 2011.