Max Petroleum Plc

(the "Company")

Holdings in Company

3 March 2014

On 27 February 2014, the Company received notification, that on 27 February 2014, SIB (Cyprus) Limited, beneficially owned by Sberbank of Russia OJSC,  acquired 197,180,534 ordinary shares in the Company ("Ordinary Shares") and accordingly now holds 197,180,534 Ordinary Shares representing 9.06% of the outstanding share capital of the Company.

On 3 March 2014, the Company also received notification, that as at 27 February 2014, Macquarie no longer held a notifiable interest in the Company.

Enquiries:

Max Petroleum Plc

Michael Young

President and Chief Financial Officer

Tel: +44 (0)207 355 9590


Tom Randell

Director of Investor Relations


Instinctif Partners

David Simonson/ Anca Spiridon

Tel: +44 (0)207 457 2020

WH Ireland Ltd

Katy Mitchell

Tel: +44 (0)161 832 2174

Oriel Securities

Michael Shaw / Tom Yeadon

Tel: +44 (0)207 710 7600

Charles Stanley Securities

Mark Taylor / Marc Milmo

Tel: +44 (0)207 149 6000









This information is provided by RNS
The company news service from the London Stock Exchange
ENDHOLBRGDXGSGBGSX
distributed by