Board changes

2 January 2013

Matra Petroleum plc

("Matra" or the "Company")

Board changes

Matra Petroleum plc announces that Gideon Tadmor has resigned as a non-executive director of the Company with immediate effect to pursue other interests. 

The board wishes to thank Gideon for his substantial contribution to the business over the years.

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