Correction : Result of AGM

Cadogan Petroleum plc

Result of Annual General Meeting - CORRECTION

The results of Annual General Meeting of Cadogan Petroleum plc released under
PRNUK-2306141129-08EF at 11.30am, on 23 June 2014, incorrectly stated that the
resolutions were passed under a show of hands. A poll was conducted on each
resolution proposed at the meeting and the correct results are set out below:


 
Resolution    Ordinary/          For                Against         Withheld   Total  
              Special                                                          votes
                                                                               cast
                           No of        %         No of    %                            
                           votes                  votes                    


1.            Ordinary     148,842,293  99.99     1,000    0.01     0          148,843,293
To receive 
the Annual                                                                 
Financial                                                              
Report                                                                 
                                                                       
                                                                     
2.            Ordinary     148,836,293  99.99     7,000    0.01     0          148,843,293
To approve 
the Directors'                                                             
Remuneration                                                           
Report                                                                 
                                                                       
                                                                     
3.            Ordinary     148,836,293  99.99     7,000    0.01     0          148,843,293
To        
approve the                                                            
Directors'                                                             
Remuneration                                                           
Policy                                                                 

                                                                       
4.            Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To re-elect 
Zev Furst                                                                  

                                                                    
5.            Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To re-elect                                                              
Gilbert                                                                
Lehmann                                                                
                                                                       
                                                                     
6.            Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To re-elect                                                               
Enrico Testa                                                           
                                                                       
                                                                     
7.            Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To re-elect                                                               
Bertrand des                                                           
Pallieres                                                              
                                                                       
                                                                     
8.            Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To re-elect                                                               
Adelmo                                                                 
Schenato                                                               

           
9.            Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To elect
Michel Meeus                                                           
                                                                       
                                                                       
                                                                       
10.           Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To reappoint                                                              
Deloitte LLP                                                           
as auditors                                                            
                                                                       
                                                                      
11.           Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To authorise                                                              
the Directors 
to set the                                                                
auditors'                                                              
fees                                                                   
                                                                       
12.           Ordinary     148,837,293  99.99     6,000    0.01     0          148,843,293
To authorise                                                              
the                                                                    
Directors to                                                           
allot shares                                                           
                                                                       
                                                                     
13.           Special      148,837,293  99.99     6,000    0.01     0          148,843,293
To disapply                                                               
pre-emption                                                            
rights                                                                 
                                                                       
                                                                
14.           Special      148,837,293  99.97     6,000    0.01     0          148,843,293
To authorise                                                              
the Company                                                            
to purchase                                                            
its own                                                                
shares                                                                 
                                                                       
                                                           
15.           Special      148,842,293  99.99     1,000    0.01     0          148,843,293
To authorise                                                              
calling a                                                              
general                                                                
meeting on                                                             
14 days'                                                               
notice                                                                 
                                                                       

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
be available for inspection at the National Storage Mechanism, which is located
at: http://www.morningstar.co.uk/uk/nsm.

Laurie Sudwarts
Secretary