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Selena Oil & Gas Holding AB: Selena Oil & Gas Holding AB publishes its Annual Report for 2014 and an Auditor's Report that deviates from the standard format.

Selena Oil&Gas Holding AB (publ) has today published its Annual Report for
2014. The Company's complete Annual Report for 2014 and Corporate Governance
Report for 2014 are attached. Full reports are available for download from
Selena Oil&Gas Holding AB website

The Auditor's Report on the annual accounts and the consolidated accounts for
2014 includes an emphasis of matter paragraph on the Company's ability to
continue as a going concern and a remark on late payments of social security
charges and taxes in some instances.

The Auditor's Report follows in all other aspects a standard format on the
Company´s reporting.

For further information, please contact:

Magnus Stuart, CEO

+46 706 211 350

Selena Oil&Gas Holding AB (Publ) (former Emitor Holding AB) is engaged in the
exploration, production and transportation of oil and gas in the Volga-Ural
region in the Russian Federation, center in Perm. The Company´s shares are
temporarily not publicly listed, but the Company observes all rules,
practices and policies for any company subject to public listing. Selena
Oil&Gas Holding AB are in process of seeking for a new listing. Mangold
Fondkommission serves as before as the company´s Adviser on public

The information in above press release is of such character that Selena
Oil&Gas Holding AB (publ) must disclose to act in accordance the Securities
Markets Act and / or the Act regarding trading with financial instruments.
The information was submitted for publication on May 21th, 2015 at.08:30.

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