News Releases

NEW YORK, January 14, 2009 – NYSE Alternext US LLC announced today its final determination to remove the common stock (“Securities”) of Transmeridian Exploration Incorporated from listing on the Exchange, and filed an application on Form 25 to strike the Securities from listing with the U.S. Securities and Exchange Commission (“SEC”). The delisting will become effective on January 26, 2009, unless postponed by the SEC.

Pursuant to its rules, the Exchange provided notice to Transmeridian Exploration Incorporated of the decision to delist the Securities and an opportunity to appeal the decision to a committee of the Board of Directors of NYSE Regulation.

In addition to this press release, NYSE Alternext US LLC will provide public notice of its determination on its website. Notice will remain posted on the website until the delisting is effective.