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#1Penn Virginia Corporation Three Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, PA 19087 FOR IMMEDIATE RELEASE Contact: James W. Dean, Director, Investor Relations Ph: (610) 687-7531 Fax: (610) 687-3688 E-Mail: [email protected] PENN VIRGINIA CORPORATION ANNOUNCES UPDATED INVESTOR PRESENTATION RADNOR, PA (BusinessWire) March 6, 2008 - Penn Virginia Corporation (NYSE: PVA) announced today that it has posted a new investor presentation to its website which will be used in upcoming investor meetings in March. The presentation will be available at PVA's website, www.pennvirginia.com, under "Presentations & Webcasts" in the "For Investors" section. ****** Headquartered in Radnor, PA and a member of the S&P SmallCap 600 Index, Penn Virginia Corporation (NYSE: PVA) is an independent natural gas and oil company focused on the exploration, acquisition, development and production of reserves in onshore regions of the U.S., including the Cotton Valley play in east Texas, the Selma Chalk play in Mississippi, the Mid-Continent region, the Appalachian Basin and the Gulf Coast of Louisiana and Texas. PVA also owns approximately 82 percent of Penn Virginia GP Holdings, L.P. (NYSE: PVG), the owner of the general partner and the largest unit holder of Penn Virginia Resource Partners, L.P. (NYSE: PVR), a manager of coal and natural resource properties and related assets and the operator of a midstream natural gas gathering and processing business. For more information, please visit PVA's website at www.pennvirginia.com.

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