Cadogan Petroleum plc

    Result of Annual General Meeting

    The Annual General Meeting of Cadogan Petroleum plc was held on 25 June 2015 at
    10.30am.

    A poll was conducted on each resolution and the results are set below:

    Resolution    Ordinary/                     For           Against Withheld   Total votes
                    Special                                                             cast
                                                                                            
                              No of votes         %      No of      %                       
                                                         votes                              
                                                                                            
    1. To receive  Ordinary    59,055,628    100.00          0      0        0    59,055,628
    the Annual                                                                              
    Financial                                                                               
    Report                                                                                  
                                                                                            
    2. To approve  Ordinary    58,983,662     99.91     56,000   0.09        0    59,039,662
    the                                                                                     
    Directors'                                                                              
    Remuneration                                                                            
    Report                                                                                  
                                                                                            
    3. To approve  Ordinary    58,983,662     99.91     56,000   0.09        0    59,039,662
    the                                                                                     
    Directors'                                                                              
    Remuneration                                                                            
    Policy                                                                                  
                                                                                            
    4. To          Ordinary    58,984,662     99.91     55,000   0.09        0    59,039,662
    re-elect Zev                                                                            
    Furst                                                                                   
                                                                                            
    5. To          Ordinary    58,984,662     99.99      5,000   0.01   50,000    58,989,662
    re-elect                                                                                
    Gilbert                                                                                 
    Lehmann                                                                                 
                                                                                            
    6. To          Ordinary    58,984,662     99.99      5,000   0.01   50,000    58,989,662
    re-elect                                                                                
    Enrico Testa                                                                            
                                                                                            
    7. To          Ordinary    58,984,662     99.91     55,000   0.09        0    59,039,662
    re-elect                                                                                
    Bertrand des                                                                            
    Pallieres                                                                               
                                                                                            
    8. To          Ordinary    58,984,662     99.99      5,000   0.01   50,000    58,989,662
    re-elect                                                                                
    Adelmo                                                                                  
    Schenato                                                                                
                                                                                            
    9. To          Ordinary    58,984,662     99.99      5,000   0.01   50,000    58,989,662
    re-elect                                                                                
    Michel Meeus                                                                            
                                                                                            
    10. To         Ordinary    59,034,662     99.99      5,000   0.01        0    59,039,662
    reappoint                                                                               
    Deloitte LLP                                                                            
    as auditor                                                                              
                                                                                            
    11. To         Ordinary    59,034,662     99.99      5,000   0.01        0    59,039,662
    authorise the                                                                           
    Directors to                                                                            
    set the                                                                                 
    auditor's                                                                               
    fees                                                                                    
                                                                                            
    12. To         Ordinary    59,034,662     99.99      5,000   0.01        0    59,039,662
    authorise the                                                                           
    Directors to                                                                            
    allot shares                                                                            
                                                                                            
    13. To          Special    58,984,662     99.91     55,000   0.09        0    59,039,662
    disapply                                                                                
    pre-emption                                                                             
    rights                                                                                  
                                                                                            
    14. To          Special    59,034,662     99.99      5,000   0.01        0    59,039,662
    authorise the                                                                           
    Company to                                                                              
    purchase its                                                                            
    own shares                                                                              
                                                                                            
    15. To          Special    58,989,662     99.92     50,000   0.08        0    59,039,662
    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
    available for inspection at the National Storage Mechanism, which is located
    at: http://www.morningstar.co.uk/uk/nsm.

    Marta Halabala

    Secretary