Results of general meeting

Lansdowne Oil & Gas plc
17 December 2007


                                                                17 December 2007


                            Lansdowne Oil & Gas plc
                         ('Lansdowne' or the 'Company')

                           Results of general meeting


At the general meeting of the Company held earlier today all resolutions were
duly passed, including a waiver of Rule 9 of the City Code on Takeovers and
Mergers, which was passed unanimously on a poll.

As announced on 29 November 2007, Lansdowne has entered into a conditional
agreement to acquire the entire issued share capital of Milesian Oil & Gas
Limited for an initial consideration to be satisfied by the issue of 8,921,118
new ordinary shares in the Company, representing 30.0 per cent. of the enlarged
issued share capital of the Company following admission of such shares to
trading on AIM. Further deferred consideration to be satisfied by the issue of
up to 8,110,099 new ordinary shares may be payable dependent upon the results of
a 2D seismic programme over Milesian's Celtic Sea acreage. The passing of the
resolutions at today's general meeting represents satisfaction of the
penultimate condition of the acquisition, with the only remaining unsatisfied
condition being the admission of the said 8,921,118 new ordinary shares.

Trading in the said 8,921,118 new ordinary shares is expected to commence on 18
December 2007, at which point completion of Lansdowne's acquisition of Milesian
will be effected.

Following admission, the Company will have in issue 29,737,071 voting ordinary
shares of 5p each.

In addition, Lansdowne is pleased to confirm the appointment of Emmet Kevin
Brown as director of business development and the appointments of Thomas
Anderson and Richard Edward Pollock as non-executive directors of the Company
with immediate effect.

Mr Brown, aged 57, is currently a director of Milesian Oil & Gas Limited. As a
result of the acquisition of Milesian, Mr Brown will hold an interest of
2,951,102 ordinary shares in Lansdowne, equivalent to 9.92 per cent. of the
enlarged issued share capital of Lansdowne following completion of the
acquisition.

Mr Anderson, aged 62, is currently a director Inchicore Cinema Limited, Galway
Cinemas Limited, Savoy Cinema (Sligo) Limited, Grokenda Holdings 1 Limited,
Grokenda Holdings 2 Limited, Grokenda Properties Limited, Grokenda Restaurants
Limited, Milesian Oil & Gas Limited, Tellhill Limited, Touchmann Limited, Mayfox
Limited, Circle Oil Public Limited Company, Mansard Limited, Cinema Television
Limited, The Stella Picture Theatre Limited, Milesian Oil Limited, Reservoir
Investments Limited and Derrickbawn Court Management Limited. In the previous
five years, Mr Anderson has also been a director of Roundwood Christmas Trees
Limited and Fernmere Investments Limited.

As a result of the acquisition of Milesian, Mr Anderson will hold an interest of
3,443,390 ordinary shares in Lansdowne, equivalent to 11.58 per cent. of the
enlarged issued share capital of Lansdowne following completion of the
acquisition.

Mr Pollock, aged 59, is currently a director of Milesian Oil & Gas Limited and,
in the last five years, has previously been a director of Miltiades Limited and
CLAM Petroleum B.V. As a result of the acquisition of Milesian, Mr Pollock will
hold an interest of 80,852 ordinary shares in Lansdowne, equivalent to 0.27 per
cent. of the enlarged issued share capital of Lansdowne following completion of
the acquisition.

Mr Brown, Mr Anderson and Mr Pollock have confirmed that there is no further 
information required to be disclosed under paragraph 17 of the AIM Rules.


Enquiries:
Lansdowne Oil & Gas plc
Steve Boldy, Chief Executive                                  Tel: [phone]

John East & Partners Limited
David Worlidge /Bidhi Bhoma                                  Tel: [phone]



                      This information is provided by RNS
            The company news service from the London Stock Exchange