AGM Statement

20 June 2007
                     Providence Resources P.l.c.
                   ("Providence" or "the Company")
                       Annual General Meeting

At Providence's Annual General Meeting  held this morning in  Dublin,
shareholders were up-dated  on the  Company's activities  and on  its
future plans, the highlights of which include:

  * Providence will commence appraisal drilling on its Hook Head
    Project in the Celtic Sea later this summer;

  * Providence has agreed to acquire the majority of the producing
    Singleton field, onshore UK, thereby improving the Company's
    future production cash flow;

  * The High Island A-268 Gas Project in the Gulf of Mexico is on
    schedule for start-up in production in August;

  * The next stage of the AJE Project in Nigeria is anticipated to be
    announced in the coming months, including plans for future
    drilling (subject to rig);

  * Providence, together with its partners, ExxonMobil and Sosina,
    was awarded 15 new blocks in the Goban Spur, offshore Ireland,
    further demonstrating the attractiveness of the exploration
    potential of the Atlantic Margin; and

  * Providence has enhanced its financial resources with a recent
    ¤25.7 million placing of shares. This, together with the
    previously announced ¤50 million revolving credit facility with
    Macquarie Bank, ensures that that the Company has the necessary
    financial resources to execute its corporate objectives;

All resolutions  proposed  for  consideration  at  today's  AGM  were
approved by shareholders.
Addressing shareholders, Dr. Brian  Hillery, Chairman of  Providence,
said:

"This  has  been  a  productive  year  for  Providence.  The  Company
continues to pursue  a portfolio strategy  focusing on  international
development and  exploration.  I  am particularly  pleased  with  the
prospect of the imminent drilling programme at Hook Head, which marks
a major  milestone  for  Providence.  I  believe  Providence  is  now
extremely well placed to develop,  and ultimately, capitalise on  its
extensive asset portfolio."

Contacts:

Providence                                                  Resources
Plc                                                      Tel: +353  1
6675740
Tony                                                         O'Reilly
Jnr.
Chief Executive

Powerscourt
Tel: [phone]
Rory Godson/Victoria Brough

Murray
Consultants
Tel: [phone]
Pauline McAlester


Notes to Editors
Providence Resources Plc  is an independent  oil and gas  exploration
company listed  on the  AIM  market in  London  and on  Dublin's  IEX
market. The Company was founded in 1997, but with roots going back to
1981 when it predecessor company,  Atlantic Resources Plc was  formed
by a group of investors led by Sir Anthony O'Reilly.
Providence's active  oil  and  gas portfolio  includes  interests  in
Ireland (offshore), the  United Kingdom (onshore  and offshore),  the
United  States  (offshore)  and   West  Africa  (offshore   Nigeria).
Providence's portfolio is balanced between production, appraisal  and
exploration assets, as well as being diversified geographically.
Comprehensive  information  on  Providence   and  its  oil  and   gas
portfolio, including the  AIM Admission document  and Annual  Reports
are      available      from       Providence's      website       at
www.providenceresources.com

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