Appointment of Non-Executive Director

12 December 2012

Matra Petroleum plc

("Matra" or the "Company")

Appointment of Non-Executive Director

Matra is pleased to announce that Matthias Brandl has been appointed a Non-Executive Director of the Company with immediate effect.

Matthias, aged 43, brings extensive and varied experience of the natural resources sector. He previously served as General Manager, Business Development for Rio Tinto where he was responsible for the identification, negotiation and execution of large M&A transactions. His primary geographical focus in this role was Russia, Africa and North America. Matthias also has extensive corporate finance experience, having previously worked for a number of leading financial institutions, including as Chief Investment Officer and Managing Director at Deutsche Bank AG London.

Maxim Barsky, Chief Executive of Matra, commented

"I am delighted to welcome Matthias to the Board of Matra. His expertise in the sector and extensive M&A experience will complement the growing team as we pursue a value accretive acquisition as part of our strategy to grow into a mid-cap E&P company."

Save as set out below no further disclosures are required to be made relating to Mr Brandl under Schedule 2(g) of the AIM Rules for Companies.

From February 2008 to December 2009, Mr Brandl was a Managing and Founding Partner (Geschäftsführer) of CHPartners GmbH, Basel, Switzerland.

For further information, please contact:

Matra Petroleum plc c/o Pelham Bell Pottinger

Henry Lerwill 020 7861 3169

Canaccord Genuity Limited

Rob Collins

Henry Fitzgerald-O'Connor 0207 523 8000