Result of AGM

Cadogan Petroleum plc

Result of Annual General Meeting

The Annual General Meeting of Cadogan Petroleum plc was held on 22^nd June 2016 at 11.00am

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	58,501,413	100.00	0	0	0	58,501,413
2.To approve Annual Report on Remuneration	Ordinary	58,301,210	99.66%	200,203	0.34%	0	58,501,413
3.To re-elect Zev Furst as a Director	Ordinary	58,301,748	99.66%	199,665	0.34%	0	58,501,413
4.To elect Guido Michelotti as a Director	Ordinary	58,495,413	99.99%	6,000	0.01%	0	58,501,413
5.To re-elect Gilbert Lehmann as a Director	Ordinary	58,301,748	99.66%	199,665	0.34%	0	58,501,413
6.To re-elect Enrico Testa as a Director	Ordinary	58,301,748	99.66%	199,665	0.34%	0	58,501,413
7.To re-elect Bertrand des Pallieres as a Director	Ordinary	58,495,413	99.99%	6,000	0.01%	0	58,501,413
8.To re-elect Adelmo Schenato as a Director	Ordinary	58,301,748	99.66%	199,665	0.34%	0	58,501,413
9.To re-elect Michel Meeus as a Director	Ordinary	58,495,413	99.99%	6,000	0.01%	0	58,501,413
10.To reappoint Deloitte LLP as auditor	Ordinary	58,495,413	99.99%	6,000	0.01%	0	58,501,413
11.To authorise the Directors to set the auditor’s fees.	Ordinary	58,495,413	99.99%	6,000	0.01%	0	58,501,413
12.To authorise the Directors to allot shares.	Ordinary	58,495,413	99.99%	6,000	0.01%	0	58,501,413
13.To authorise the Directors to disapply pre-emption rights.	Special	58,495,413	99.99%	6,000	0.01%	0	58,501,413
14.To authorise the Company to purchase its own shares.	Special	58,500,413	100.00	1000	0.00%	0	58,501,413
15.To authorise calling of a general meeting on 14 clear days’notice.	Special	58,500,413	100.00	1000	0.00%	0	58,501,413

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