Angus Energy : Progress Update at Saltfleetby

Fergus Mellon

Notes

About Angus Energy plc

Angus Energy plc is a UK AIM quoted independent onshore Energy Transi on company with a complementary por olio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. Angus is focused on becoming a leading onshore UK diversified clean energy and energy infrastructure company. Angus Energy has a 100% interest in the Sal leetby Gas Field (PEDL005), majority owns and operates conven onal oil produc on fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244). Angus Energy operates all fields in which it has an interest.

Important No ces

This announcement contains 'forward-looking statements' concerning the Company that are subject to risks and uncertain es. Generally, the words 'will', 'may', 'should', 'con nue', 'believes', 'targets', 'plans', 'expects', 'aims', 'intends', 'an cipates' or similar expressions or nega ves thereof iden fy forward-looking statements. These forward-looking statements involve risks and uncertain es that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertain es relate to factors that are beyond the Company's ability to control or es mate precisely. The Company cannot give any assurance that such forward- looking statements will prove to have been correct. The reader is cau oned not to place undue reliance on these forward-looking statements, which speak only as of the date of this announcement. The Company does not undertake any obliga on to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new informa on, future events or otherwise, except to the extent legally required.

Nothing contained herein shall be deemed to be a forecast, projec on or es mate of the future financial performance of the Company.