Completion of Listing on Kazakhstan Stock Exchange

Max Petroleum Plc

("Max Petroleum" or the "Company")

Completion of Listing on Kazakhstan Stock Exchange

15 March 2013

Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that further to its announcement on 1 March 2013, Max Petroleum's ordinary shares ("Ordinary Shares") are now included in the official register of the Kazakhstan Stock Exchange ("KASE").

The KASE listing will allow the Company to offer Ordinary Shares for sale in Kazakhstan, a key local regulatory requirement for the Company to be able to issue additional securities on international markets. The secondary listing will also facilitate a wider ownership of the Company's Ordinary Shares in Kazakhstan.

An investment memorandum associated with the listing on KASE has been filed on the KASE website www.kase.kz and is also available to download from Max Petroleum's website at www.maxpetroleum.com.

For trading on KASE. Max Petroleum Ordinary Shares have been assigned the ticker symbol: GB_MXPT.