Providence Resources P l c : Board Update - Appointment of Pat Plunkett as non-executive Chairman

• APPOINTMENT OF PAT PLUNKETT AS NON-EXECUTIVE CHAIRMAN
• RETIREMENT OF PHIL NOLAN AS NON-EXECUTIVE DIRECTOR

Pat Plunkett was non-executive chairman of Tullow Oil Plc from 2000 to 2011 during which time Tullow grew from a small cap Oil & Gas plc to become Africa's leading independent oil company and a constituent of the UK's FTSE100. He is currently executive chairman of T5 Oil and Gas Ltd, a private company he founded in 2013 and which is focused on acquiring oil and gas assets in Africa and the Middle East. Pat has over 30 years' experience in the financial services sector. He was a founding partner of the Riada & Co stockbroking and corporate finance businesses and following their acquisition by ABN AMRO NV, he continued to manage these businesses until 1998. He is a former director of the Irish Stock Exchange.

"On behalf of the whole team at Providence, I'd like to extend our sincere thanks to James who has helped guide the Company through a very difficult period from late 2015 through mid-2016, which culminated in the very successful re-capitalisation of the business in July 2016. The Board is pleased that James has agreed to remain as a non-executive Director and that we will have continued access to his valuable counsel. I'd also like to express our great appreciation to Phil Nolan for the significant contribution he has made to the Board during his tenure.

"The Board is delighted that Pat has agreed to join us at a very exciting stage of our corporate development. Pat requires no introduction in the E&P sector and we very much look forward to benefitting from the extensive knowledge and experience that Pat will offer as we move forward with our very exciting programme offshore Ireland."

Mr. Patrick Joseph Plunkett, aged 65, holds or has held the following directorships and/or partnerships in the previous five years:

Note: 1 These companies are part of the T5 Oil & Gas Group

Mr. Plunkett currently does not hold any ordinary shares in Providence Resources.

No additional information relating to Mr. Plunkett is required to be disclosed under Rule 17 or Schedule 2 paragraph (g) of the AIM Rules for Companies.

INVESTOR ENQUIRIES

Neil McDonald/Derrick Lee

Anthony Farrell

MEDIA ENQUIRIES

Lisa Kavanagh/Peter Ogden

Pauline McAlester

ABOUT PROVIDENCE RESOURCES

Providence Resources is an Irish based Oil and Gas Exploration Company with a portfolio of appraisal and exploration assets located offshore Ireland. Providence's shares are quoted on AIM in London and the ESM in Dublin.