Change of Adviser

20 November 2014

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Change of Adviser

The Company announces that WH Ireland Limited has been appointed as Nominated Adviser and Co-broker with immediate effect.

For further information, please contact:

UK Oil& Gas Investments Plc Tel: 020 7440 0640

David Lenigas / Donald Strang

WH Ireland Limited (Nominated Adviser) Tel: 020 7220 1666

James Joyce / Mark Leonard

Hume Capital Securities plc Corporate Broker) Tel: 020 7101 7070

David Lawman

Square 1 Consulting (Public Relations)

David Bick/Mark Longson Tel: 020 7929 5599