KOKO Petroleum, Inc.
PINK SHEETS : KKPT

KOKO Petroleum, Inc.

March 12, 2007 15:42 ET

KOKO Petroleum, Inc. Trading Suspension

LAS VEGAS, NEVADA--(CCNMatthews - March 12, 2007) - On March 8, 2007, the shares of KOKO Petroleum, Inc. (PINK SHEETS:KKPT) were suspended for a 10 day trading period by the United States Securities and Exchange Commission. It is our understanding that the suspension relates to spam emails about the Company.

During the latter part of 2005 and early 2006, the Company was the subject of numerous spam emails about the Company. At that time, the Company contacted the SEC to advise it about the spam activity. On December 28, 2005, the Company issued a press release to alert the public that it was the target of a spam campaign. Neither the Company nor its management have been involved with spam emails about the Company.

The Company intends to fully cooperate with the SEC in any investigation related to the spam emails.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.

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