ST GEORGE'S CHANNEL UPDATE

5 April 2007 Providence Resources Plc ("Providence" or the "Company") ST GEORGE'S CHANNEL UPDATE Extension to Apollo Licensing Option 05/3 Providence, the AIM (London) and IEX (Dublin) listed oil & gas exploration and production company, today announces that it has been granted an extension to the term of its Licensing Option 05/3 in the St George's Channel, offshore Ireland. Licensing Option 05/3, where Providence currently holds a 100% working interest, contains the Apollo oil exploration prospect. The Apollo prospect is a large tilted fault-block located in the southwest part of the St. George's Channel Basin. The Licensing Option extension covers the period to 30 September 2007. Commenting, Mr. Tony O'Reilly Jnr. Chief Executive said: "This extension will allow Providence further time to carry out additional sub-surface work on this highly prospective area, whilst also allowing the Company to continue with the Apollo farm-out process". Contacts: Providence Resources Plc Tony O'Reilly Jnr., Chief Executive Tel: + 353 (1) 219 4074 Powerscourt Media Victoria Brough Tel: + 44 (0) 207 250 1446 Murray Consultants Pauline McAlester Tel: + 353 (1) 498 0300 Notes to Editors: About Providence Providence Resources P.l.c. is an independent oil and gas exploration company listed on AIM (London) and IEX (Dublin) markets. 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 UK (onshore and offshore), the Gulf of Mexico (USA) and West Africa (offshore Nigeria). Providence's portfolio is balanced between production, appraisal and exploration assets, as well as being diversified geographically. Recent key corporate announcements include: * Ac
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