Cadogan Petroleum plc

    Result of Annual General Meeting

    The Annual General Meeting of Cadogan Petroleum plc was held on 22nd June 2017
    at 11.00am, at Chandos House,  2 Queen Anne Street, London, W1G 9LQ.

    The Directors of the Company wish to announce that all resolutions proposed at
    the AGM were passed.  All resolutions were approved on a show of hands at the
    meeting.  The results of the proxy votes received in advance of the meeting are
    reported below:

                  Resolution                   Ordinary/             For                          Against                 Withheld Total votes cast
                                                Special                                                                                            
                                                                                                                                                   
                                                                 No. of votes                   No. of votes                                       
                                                                                                                                                   
    1. To receive the Annual                    Ordinary          59,091,559       100.00%           0              0        0        59,091,559   
    Financial Report                                                                                                                               
                                                                                                                                                   
    2. To approve the Annual  Report on         Ordinary          59,077,189        99.98%         14,370         0.02%      0        59,091,559   
    Remuneration                                                                                                                                   
                                                                                                                                                   
    3. To re-elect Zev Furst as a Director      Ordinary          59,077,189        99.98%         14,370         0.02%      0        59,091,559   
                                                                                                                                                   
    4. To re-elect Gilbert Lehmann as a         Ordinary          59,086,559        99.99%         5,000          0.01%      0        59,091,559   
    Director                                                                                                                                       
                                                                                                                                                   
    5. To re-elect Michel Meeus as a            Ordinary          59,086,559        99.99%         5,000          0.01%      0        59,091,559   
    Director                                                                                                                                       
                                                                                                                                                   
    6. To re-elect Guido Michelotti as a        Ordinary          59,086,559        99.99%         5,000          0.01%      0        59,091,559   
    Director                                                                                                                                       
                                                                                                                                                   
    7. To re-elect Adelmo Schenato as a         Ordinary          59,086,559        99.99%         5,000          0.01%      0        59,091,559   
    Director                                                                                                                                       
                                                                                                                                                   
    8. To re-elect Enrico Testa as a            Ordinary          59,086,559        99.99%         5,000          0.01%      0        59,091,559   
    Director                                                                                                                                       
                                                                                                                                                   
    9. To appoint                               Ordinary          59,086,559        99.99%         5,000          0.01%      0        59,091,559   
     BDO LLP as auditor                                                                                                                            
                                                                                                                                                   
    10. To authorise the Directors to           Ordinary          59,077,189        99.98%         14,370         0.02%      0        59,091,559   
    determine the auditor's fees                                                                                                                   
                                                                                                                                                   
    11. To authorise the Directors to allot     Ordinary          59,077,189        99.98%         14,370         0.02%      0        59,091,559   
    shares                                                                                                                                         
                                                                                                                                                   
    12. To authorise the Directors to           Special           59,077,189        99.98%         14,370         0.02%      0        59,091,559   
    disapply pre-emption rights                                                                                                                    
                                                                                                                                                   
    13. To authorise the Company to             Special           59,082,189        99.98%         9,370          0.02%      0        59,091,559   
    purchase its own shares                                                                                                                        
                                                                                                                                                   
    14. To authorise calling of a general       Special           59,091,559       100.00%           0            0.00%      0        59,091,559   
    meeting on 14 clear 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
    be available for inspection at the National Storage Mechanism, which is located
    at: http://www.morningstar.co.uk/uk/nsm.

    Ben Harber
    Secretary
    23 June 2017