Chief Operating Officer Updates ERHC Energy Inc. Shareholders

Earlier this week ERHC’s Vice President, Corporate Development, David Bovell, presented at the 2008 Global Investment Symposium in Dubai. It was a great opportunity to meet with more than 100 international investors, investment bankers and fund managers, and introduce them to ERHC Energy. We will also present at the RedChip Elite Investment Conference at the Harvard Club in New York on November 5, 2008.

The presentations are part of a comprehensive communications strategy to spread the word about ERHC. Our goal in participating in these investment conferences is not only to enlighten the investment community on ERHC but also to explore potential business partnerships that will enhance our shareholder value. The feedback thus far has been very positive and we expect to step up the strategy in the coming months.

Earlier this year, ERHC representatives participated in the Nigeria São Tomé & Príncipe Joint Development Authority “Investment Forum 2008” in São Tomé & Príncipe. The Company’s management team also presented at the RedChip Small Cap Investors Conference in San Francisco, the Growth Company Investors Show in London and the Sub Saharan Africa Oil & Gas Conference in Houston. ERHC also participated at the Nortia Capital Partners’ Equities Conference by the Beach in Atlantic City.

Those interested in what we had to say in Dubai may review the presentation slides and speaking points at www.erhc.com/presentations.

ERHC has a great story to tell even in these challenging times for global financial markets. We are operating from a position of uncommon strength for a company in our stage of development. We are in a strong financial position and have virtually no debt. Furthermore, we continue to carefully monitor our financial risk.  Our Controller, Sylvan Odobulu, has worked hard to ensure that ERHC’s risk of exposure to adverse money-market conditions are kept to a minimum. While we are confident in our banking relationships, we will continue to pay close attention to developments in the sector with a view to maintaining the safety and security of the Company’s cash assets.

Finally, work is underway on ERHC’s fourth quarter and annual financial report for the period that ended September 30, 2008.

ERHC Energy remains focused on enhancing value for the benefit of its shareholders.   Thank you for your continued trust and support.

Sincerely,

Peter Ntephe
Chief Operating Officer

This document contains statements concerning ERHC Energy Inc.’s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders’ meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information.  Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied.  A discussion of the risk factors that could impact these areas and the Company’s overall business and financial performance can be found in the Company’s reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company’s ability to exploit its commercial interests in the JDZ and the exclusive territorial waters of Sao Tome and Principe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company’s control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this document. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.