XCITE ENERGY LIMITED : Notice of AGM [NOA]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

TSX-V, LSE-AIM: XEL

12 March 2014

Xcite Energy Limited

("Xcite Energy" or the "Company")

Notice of the Annual General Meeting ("AGM")

Xcite Energy confirms that the AGM of the Company will take place in Paris at 15:00 (CET) on Thursday, 15 May 2014 at the following venue:

Hotel Napoleon

Salons De L'Etoile

38-40 Avenue de Friedland

Paris, France

Further location details can be found on the Company's website atwww.xcite-energy.com.

The information circular in respect of the AGM will be posted to shareholders with the 2013 Annual Report & Accounts, expected from 22 April 2014 onwards.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.