Bahamas Petroleum : Notice of AGM and Posting of Annual Report

27 June 2016

Bahamas Petroleum Company plc

('Bahamas Petroleum' or the 'Company')

Notice of Annual General Meeting ('AGM') and Posting of Annual Report

Bahamas Petroleum Company, the oil and gas exploration company with a significant prospective resource in licencesin The Commonwealth of The Bahamas, announces that it will be holding its AGM at midday on Wednesday 31 August 2016, at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP.

Notice of the AGM along with the 2015 Annual Report was sent to shareholders on Friday 24 June, copies of which can be viewed on the Company's website athttp://www.bpcplc.com.

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Notes to editors:

Bahamas Petroleum Company is an oil and gas exploration company with 100% owned offshore licences exclusively focused on the Commonwealth of The Bahamas. The Company has significant prospective resources, which have been de-risked through both extensive 2D and 3D seismic. The four Southern Licences, with a newly agreed well obligation date of April 2017, run until 2Q 2018 when the licences may be renewed a further two times. The Company is intent on delivering safe and environmentally responsible exploration.

www.bpcplc.com