Result of AGM

Cardinal Resources plc
27 July 2006


CARDINAL RESOURCES PLC ANNOUNCES RESULT OF AGM

LONDON - Thursday, 27th July 2006

Cardinal Resources plc (AIM:CDL) ('Cardinal' or 'the Company'), an independent
oil and gas production and exploration company operating in Ukraine, announces
that at its Annual General Meeting held today, resolutions 1-7 proposed to
shareholders were passed on a show of hands. Resolution 8, with respect to
increasing the Company's borrowing powers, was rejected on a poll, with 69.45%
of shares being voted in favour and 30.55% against.

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For further information please contact:

Cardinal Resources         Parkgreen Communications
Kate Spiro                 Justine Howarth / Victoria Thomas
[phone]       [phone]
[e-mail]     [e-mail]

Notes to Editor

Cardinal Resources plc

Cardinal Resources plc is an independent oil and gas company engaged in the
acquisition, development, production and exploration of oil and natural gas
properties in Ukraine. Cardinal is an experienced operator in the country
focused on expanding its existing operations through the farm-in or acquisition
of additional upstream oil and gas assets that can be further developed through
the application of modern technology and expertise.


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