Information posted is accurate at the time of posting, but may be superseded by subsequent press releases.
Mar 31, 2009

Africa Oil Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 31, 2009) - Africa Oil Corp. ("Africa Oil" or "the Company") (TSX VENTURE:AOI) reports that it has granted an aggregate of 1,770,000 incentive stock options to certain directors, officers and eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $1.18 per share.

ON BEHALF OF THE BOARD

Rick Schmitt, President



FOR FURTHER INFORMATION PLEASE CONTACT:

Africa Oil Corp.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
Email: africaoilcorp@namdo.com
Website: www.africaoilcorp.com