Apollo Resources International Announces Intention to List on London Exchange.

DALLAS -- First graph, ticker symbol in first sentence should read: (OTCBB:AOOR) (sted (OTCBB:PWBL)).

The corrected release reads:

APOLLO RESOURCES INTERNATIONAL ANNOUNCES INTENTION TO LIST ON LONDON EXCHANGE

Apollo Resources International, Inc. (OTCBB:AOOR) today announced that it has retained the London firm, Nabarro Wells & Co., Ltd., to advise it on achieving a listing and floatation of stock on the Alternative Investment Market ("AIM"), a part of the London Stock Exchange.

"Apollo has been fortunate in developing a very attractive and strategic presence in the lucrative Russian oil business," stated Apollo Chairman, Dennis McLaughlin, "and we feel that the British and European investors are simply more appreciative of the value this poses to a firm such as ours."

The AIM market, only ten years old at this time, is recognized as the leading small and micro-cap exchange in Europe, with listed companies ranging in size from a few million pounds sterling to nearly two hundred million pounds sterling. Over 1,000 companies from around the world are currently listed, with a growing number being based in the United States.

The prospective listing and floatation, expected to happen at the end of the third quarter of this year, will not require the Company to change or drop its current listing in the United States and it presently has no plans to do so.

"We are particularly pleased to have a firm with the prestige and record of success such as Nabarro Wells agree to represent us," said Mr. McLaughlin, "and with their guidance, we are confident of success in achieving this next stage in the growth and development of our Company. A successful listing on the AIM market will solidly place Apollo in the ranks of the international oil and gas companies of today's market."

Apollo Resources International (www.apolloresources.com) is a public energy company focused on the acquisition and development of upstream oil & natural gas production assets. Additionally, the Company evaluates and develops existing and future alternative energy sources.

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.