Company & AGM Statement

Providence Resources PLC
05 August 2005


                                   Providence
                                 Resources P.l.c.


5 August 2005

          Providence Resources P.l.c. ('Providence' or 'the Company')

                      - Mr. Lex Gamble joins Providence Board
                      - Nigerian drilling is confirmed

The Board of Providence Resources P.l.c., the international oil and gas
exploration/production company, recently listed on AIM, is pleased to announce
that Mr. Lex N. Gamble has been appointed as a Non-Executive Director with
immediate effect.

At its Annual General Meeting in Dublin this morning, shareholders were updated
on the Company's active oil and gas portfolio in Ireland, the UK and offshore
West Africa, Nigeria. The Company also confirmed to shareholders that drilling
on the Aje discovery is expected to commence within the next few weeks.
All resolutions proposed for consideration at today's AGM were approved by
shareholders.

Mr. Gamble, aged 67 has been an investment banker for over 35 years and has
provided strategic advice to more than 200 U.S. and international companies,
including several in the FTSE 100 and Fortune 500. During his time as Managing
Director with Smith Barney Group Inc, Morgan Grenfell Plc and Kidder Peabody &
Co Inc, he advised corporate clients on capital raisings totaling in excess of
US$40 billion. Recently, Mr. Gamble was a Founding Principal of Lockwood
Financial Group, Ltd, a leading provider of consulting and wealth management
services to high net worth individuals. At the time of Lockwood's sale to the
Bank of New York in 2002 Lockwood had US$9 billion of assets under management.

Mr. Gamble is a Director of the Harris Bank and Trust Company (Chicago),
Crosswater Financial Corporation (Minneapolis), Ashford Castle (Ireland), the
University of Washington Foundation, and the University of Washington School of
Business (Seattle). Previously, he was a Director of General Nutrition
Corporation, Keystone Capital Corporation, and Northwestern Trust Company.
Mr. Gamble holds a Bachelor of Arts Degree from the University of Washington,
and a Masters Degree from Harvard Business School.


Speaking this afternoon, Dr. Brian Hillery, Chairman of Providence, said:

        'I am very pleased to welcome Lex to the Board of Providence. Lex's
        extensive experience will be of immense value to Providence as we drive
        the business forward.

        'Providence is in an exciting phase of its development with
        geographically diversified assets and prospects with different
        exploration and production timetables. We look forward with confidence
        to the continuing growth and development of Providence and its portfolio
        for the benefit of its shareholders'.

Contacts:

Providence Resources Plc     Tel: [phone]
Tony O'Reilly Jnr.           Deputy Chairman and Chief Executive
                             Designate

Powerscourt                  Tel: [phone]
Rory Godson/ Victoria
Brough

Murray Consultants           Tel: [phone]
Pauline McAlester


NOTES TO EDITORS
Providence's active oil and gas portfolio includes interests in Ireland
(offshore), the UK (onshore and 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 Report 2004, are all available from
Providence's website at www.providenceresources.com

MR. LEX N. GAMBLE
Mr. Lex N. Gamble holds or has held the following directorships or is or has
been a partner in the following partnerships within the past five years:
Current Directorships
Harris Bank and Trust Company (Chicago)
Crosswater Financial Corporation (Minneapolis)
Ashford Castle (Ireland)
University of Washington Foundation
University of Washington School of Business (Seattle)
Gamble and Associates

Previous Directorships
Smith Barney Group Inc
Morgan Grenfell Plc
Kidder Peabody & Co Inc
General Nutrition Corporation
Keystone Capital Corporation
Northwestern Trust Company
Mr. Gamble holds a beneficial interest in 6,500,000 ordinary shares of
Providence Resources P.l.c.

There is no further information to be disclosed in accordance with Schedule 2
(g) of the AIM Rules or the IEX Rules.

Ends.            Friday, 5th August 2005




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