Notice of AGM

CASPIAN MINERALS PLC
                                 (the "Company")
                 (Incorporated in the Isle of Man - No. 002516V)

                        NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the first Annual General Meeting of the Company will
be held at Third Floor, St. George's Court, Upper Church Street, Douglas, Isle
of Man IM1 1EE on 17th August 2009 at 1.00pm (BST) for the following purposes:

As ordinary business:

1    To receive and adopt the report of the Directors and the audited accounts
   of the Company for the financial period from 27 March 2007 (date of
   incorporation) to 31 December 2008 together with the report of the Auditors on
   those audited accounts.

2    To re-elect Thomas Johnson who was appointed by the Board on 26 January
   2009 as director of the Company and retires pursuant to article 79 of the
   Company's Articles of Association and who, being eligible, offers himself for re-
   election as a Director.

3    To re-elect Nurlan Assilbekov who was appointed by the Board on 8 July 2009
   as a director of the Company and retires pursuant to article 79 of the Company's
   Articles of Association and who, being eligible, offers himself for re-election
   as a Director.

4    To re-elect Alessandro Manghi who was appointed by the Board on 27 April
   2008 as a director of the Company and whose role changed to that of Independent
   Non-executive Director with effect from 8 July 2009 and retires pursuant to
   article 79 of the Company's Articles of Association and who, being eligible,
   offers himself for re-election as an Independent Non-executive Director.

5    To re-elect Shynar Dikhanbayeva who was appointed by the Board on 27 April
   2008 as a director of the Company and retires pursuant to article 79 of the
   Company's Articles of Association and who, being eligible, offers himself for re-
   election as a Director.

6    To authorise the directors to appoint auditors and authorise the directors
   to fix the remuneration of the auditors.

7    To change the name of the Company to Exillon Energy Plc.

Dated: 11th July 2009

Registered office:                              By Order of
15 -19 Athol Street                             the Board
Douglas
Isle of Man                                     Alessandro
1MI 1LB                                         Manghi
                                                Company
                                                Director


The Directors of the Company accept responsibility for the contents of this
announcement.

CONTACT

Alessandro Manghi                  + 7 727 244 6888
                                   [e-mail]

David Sinclair                     + 44 208 455 0011
Axiom Capital Limited              [e-mail]