Appointment of Broker

5th November 2013

PRESIDENT ENERGY PLC

("President Energy" or "the Company")

Appointment of Broker

President Energy (AIM: PPC), the Latin American focused exploration and production company, today announces that it has appointed Canaccord Genuity Limited as Joint Broker with immediate effect. RBC Capital Markets will continue to act as Nominated Adviser and Joint Broker.

Contact:

President Energy PLC

John Hamilton, CEO +44 (0) 207 016 7950

Ben Wilkinson, Finance Director +44 (0) 207 016 7950

 RBC Capital Markets

Jeremy Low, Matthew Coakes, Daniel Conti +44 (0) 207 653 4000

Canaccord Genuity Limited +44 (0) 207 523 8000

Tim Redfern, Henry Fitzgerald-O'Connor

Pelham Bell Pottinger +44 (0) 207 861 3232

Gavin Davis, Henry Lerwill