Result of AGM

27 June 2013

Cadogan Petroleum plc ("Cadogan")

Result of Annual General Meeting

The Annual General Meeting of Cadogan Petroleum plc was held on 27 June 2013 at
10.30am.

A poll was conducted on each resolution proposed at the meeting and the results
are detailed below:
  
Resolution                                 For             Against      Withheld  Total votes    
                                                                                  cast    
                      Ordinary    No of        %        No of   %                        
                      /Special    votes                 votes                      
                                                                                  
1. To receive the     Ordinary    70,201,880   100.00   1,000    0.00   44,091    70,246,971
Annual Financial                                                                  
Report                                                                            
                                                                                  
2. To approve the     Ordinary    70,092,430   99.92    54,541   0.08   100,000   70,246,971
Directors'                                                                        
Remuneration Report                                                               
                                                                                  
3. To re-elect Zev    Ordinary    69,899,765   99.65    247,206  0.35   100,000   70,246,971
Furst                                                                             
                                                                                  
4. To re-elect        Ordinary    70,096,430   99.79    150,541  0.21   0         70,246,971
Gilbert Lehmann                                                                   
                                                                                  
5. To re-elect Enrico Ordinary    70,096,430   99.93    50,541   0.07   100,000   70,246,971
Testa                                                                             
                                                                                  
6. To re-elect        Ordinary    69,902,765   99.51    344,206  0.49   0         70,246,971
Bertrand des                                                                      
Pallieres                                                                         
                                                                                  
7. To re-elect Adelmo Ordinary    70,196,430   99.93    50,541   0.07   0         70,246,971
Schenato                                                                          
                                                                                  
8. To reappoint       Ordinary    70,240,521   99.99    6,450    0.01   0         70,246,971
Deloitte LLP as                                                                   
auditors                                                                          
                                                                                  
9. To authorise the   Ordinary    69,927,899   99.93    50,541   0.07   268,542   70,246,982
Directors to set the                                                              
auditors' fees                                                                    
                                                                                  
10. To authorise the  Ordinary    70,196,430   99.93    50,541   0.07   0         70,246,971
Directors to allot 
shares                                                                   
                                                                                  
11. To disapply       Special     70,096,430   99.79    150,541  0.21   0         70,246,971
pre-emption rights                                                                
                                                                                  
12. To authorise the  Special     70,240,521   99.99    6,450    0.01   0         70,246,971
Company to purchase 
its own shares                                                                            
                                                                                  
13. To authorise      Special     70,145,521   99.86    101,450  0.14   0         70,246,971
calling a general 
meeting on 14                                                             
days' notice                                                                      
                                                                                  
14. To amend the      Special     70,195,757   99.93    50,541   0.07   673       70,246,971
articles of                                                                       
association                                                                       

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