LONDON--(BUSINESS WIRE)--Fox Petroleum Corp (OTCBB: FXPE pre split, OTCBB: FXPT post split) today announced that, on April 21, 2008, the Over-The-Counter Bulletin Board's Corporate Actions group approved the Company's one-for-five reverse stock split. The Company has been informed by the Over-The-Counter Bulletin Board that it’s trading symbol has changed from FXPE to FXPT. The Company's common stock should begin trading on a split-adjusted basis on the Over-The-Counter Bulletin Board on or about April 21, 2008.

Shareholders and prospective investors are encouraged to visit Fox Petroleum's website: www.foxpetro.com and download Fox Petroleum's Investor Summary. Please feel free to call investor relations toll-free at 1-888-369-4744 to receive a full corporate investor's package.

About Fox Petroleum

Fox Petroleum Inc. is an Oil and Gas Exploration Company headquartered in London, England, the financial capital of Europe. Fox also has an operations office in Anchorage, Alaska. Fox's current targets include mineral rights to 32,000+ acres in Alaska's North Slope estimated to represent a potential of up to 160 million barrels of oil (LAPP Resources, Inc.), and the rights to a 33.33% ownership stake in a 37,000+ acre UK North Sea license which could potentially hold up to 213 million barrels of oil (TRACS International Ltd). Fox has a 22.5% interest in JV of an onshore Texan gas well, and has also signed agreements to acquire roughly 5,000 acres on the North Slope and approximately 42,000 of land onshore in the Cook Inlet containing the Catcher's Mitt Prospect. The Company's shares are publicly traded on the NASD OTC BB under the ticker symbol FXPT.

On behalf of the Board of Directors

FOX PETROLEUM INC.

Alex Craven, Vice President, Finance