Xcite Energy-Additional Listing/Total Voting Rights

ABERDEENSHIRE, UNITED KINGDOM--(Marketwire - Apr 21, 2011) -

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR
INTO THE UNITED STATES


TSX-V, LSE-AIM: XEL


21 April 2011


Xcite Energy Limited
("Xcite Energy" or the "Company")


Additional Listing and Total Voting Rights

Further to the announcement in relation to the draw down on the Standby
Equity Distribution Agreement issued on 18 April 2011, the Company
announces that it has received approval of the share issue by the TSX
Venture Exchange and it has therefore made an application for the
admission to AIM ("Admission")of 1,796,514 ordinary shares of no par
value in the capital of the Company (the "New Ordinary Shares").

The New Ordinary Shares shall rank pari passu with the Company's
existing issued ordinary shares of no par value ("Ordinary Shares") and
dealings are expected to commence on 27 April 2011.

Following Admission, the Company's enlarged issued share capital will
comprise 164,998,727 Ordinary Shares with one voting right per
share. There are no shares held in treasury. The total number of voting
rights in the Company is therefore 164,998,727.

This figure of 164,998,727 Ordinary Shares may be used by shareholders
in the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the
FSA's Disclosure and Transparency Rules.




ENQUIRIES:
Xcite Energy Limited                               +44 (0) 1483 549 063
Richard Smith               Chief Executive
                            Officer

Rupert Cole                 Chief Financial
                            Officer
Arbuthnot Securities                              +44 (0)20 7012 2000
Limited
(Nomad and Broker)
Antonio Bossi               Director
Pelham Bell Pottinger                             +44 (0) 20 7861 3232
Mark Antelme                Director
Henry Lerwill


Paradox Public Relations                          +1 514 341 0408
Jean-Francois Meilleur      Consultant



Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.





                    This information is provided by RNS
          The company news service from the London Stock Exchange

END