Oromin Explorations Ltd OLEPF

Oromin's poison pill.................

[tony1969]

OROMIN

Suite 2000, Guinness Tower, 1055 West Hastings Street, Vancouver, B.C. Canada V6E 2E9

EXPLORATIONS LTD.

Tel

: [phone] Toll-free [phone]

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: [phone] E-mail: [e-mail]

June 27 , 2008 Trading Symbol: TSX Venture – OLE

OTC/BB - OLEPF

Web Site: www.oromin.com

OROMIN ADOPTS SHAREHOLDER RIGHTS PLAN

Oromin Explorations Ltd. (TSX-V: OLE; OTC/BB-OLEPF)

is pleased to report that its Board of Directors has

adopted a Shareholder Rights Plan. The objective of the Plan is to ensure that all shareholders of Oromin are treated

equally and fairly in connection with any takeover bid for Oromin. The Plan is not intended to block takeover bids, but

will discourage discriminatory or unfair takeover tactics and provide the Board of Directors sufficient time to fully

evaluate a takeover offer and pursue alternatives to maximize shareholder value. The Plan is similar to many plans

adopted by other Canadian companies. Oromin is not aware of any pending or threatened takeover bid for its shares.

In order to implement the Plan, the Board has authorized the issue, effective today, of one right in respect of each

outstanding common share of Oromin. Until the occurrence of certain events, the rights will trade with the common

shares and be represented by the certificates for the common shares.

On the occurrence of certain triggering events, including the acquisition by a person or group of 20% or more of the

outstanding common shares of Oromin in a transaction not approved by the directors, the rights will entitle holders

(other than the acquiring person or group) to acquire shares of Oromin having a market value of $40 for $20, ie. a 50%

discount to the prevailing market price. The rights will not be triggered, however, by purchases of common shares of

Oromin made under a “permitted bid”. A permitted bid is a takeover bid made for all shares to all holders of common

shares of Oromin on identical terms, which also complies with certain other conditions, including a requirement that it

remain open for at least 60 days.

Although the Plan is effective immediately, it is subject to a shareholder confirmation at the 2008 Annual and Special

Meeting to be held July 29, 2008. Once confirmed by shareholders the Plan will be operative for a ten year term.

To find out more about

Oromin Explorations Ltd., visit www.oromin.com. Please refer to the maps which set out the

Sabodala deposits and zones under “investor info/articles and reports” on the website, and our previous news releases,

for additional project information.

On behalf of the Board of Directors of

OROMIN EXPLORATIONS LTD.

“Chet Idziszek”________

Chet Idziszek, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY

FOR THE ADEQUACY AND ACCURACY OF THIS RELEASE

Cautionary Statement

[tony1969]

This is why TGZ and IAG own less than 20%.  They cannot buy more than 20% because it would basically give all shareholders (including you and me) the right to double their shares at half the market price. This would double the number of shares and obviously make a deal very unattractive. This elminates any hostile bids.  Any buyout or merger must be made in friendly manner. In my