Result of AGM

Cadogan Petroleum plc

Result of Annual General Meeting

The Annual General Meeting of Cadogan Petroleum plc was held on 25 June 2015 at 10.30am.

A poll was conducted on each resolution and the results are set below:

Resolution	Ordinary/ Special	For		Against		Withheld	Total votes cast
		No of votes	%	No of votes	%
1. To receive the Annual Financial Report	Ordinary	59,055,628	100.00	0	0	0	59,055,628
2. To approve the Directors’ Remuneration Report	Ordinary	58,983,662	99.91	56,000	0.09	0	59,039,662
3. To approve the Directors’ Remuneration Policy	Ordinary	58,983,662	99.91	56,000	0.09	0	59,039,662
4. To re-elect Zev Furst	Ordinary	58,984,662	99.91	55,000	0.09	0	59,039,662
5. To re-elect Gilbert Lehmann	Ordinary	58,984,662	99.99	5,000	0.01	50,000	58,989,662
6. To re-elect Enrico Testa	Ordinary	58,984,662	99.99	5,000	0.01	50,000	58,989,662
7. To re-elect Bertrand des Pallieres	Ordinary	58,984,662	99.91	55,000	0.09	0	59,039,662
8. To re-elect Adelmo Schenato	Ordinary	58,984,662	99.99	5,000	0.01	50,000	58,989,662
9. To re-elect Michel Meeus	Ordinary	58,984,662	99.99	5,000	0.01	50,000	58,989,662
10. To reappoint Deloitte LLP as auditor	Ordinary	59,034,662	99.99	5,000	0.01	0	59,039,662
11. To authorise the Directors to set the auditor's fees	Ordinary	59,034,662	99.99	5,000	0.01	0	59,039,662
12. To authorise the Directors to allot shares	Ordinary	59,034,662	99.99	5,000	0.01	0	59,039,662
13. To disapply pre-emption rights	Special	58,984,662	99.91	55,000	0.09	0	59,039,662
14. To authorise the Company to purchase its own shares	Special	59,034,662	99.99	5,000	0.01	0	59,039,662
15. To authorise calling a general meeting on 14 days' notice	Special	58,989,662	99.92	50,000	0.08	0	59,039,662

A vote withheld is not a vote in law and is not counted in the calculation of votes validly cast for or against a resolution.

All resolutions put to the meeting were carried.

Copies of the resolutions passed as special resolutions at the AGM will shortly available for inspection at the National Storage Mechanism, which is located at: http://www.morningstar.co.uk/uk/nsm.

Marta Halabala

Secretary