Corporate Update

12 September 2014 Doriemus plc ("Doriemus" or the "Company") Corporate Update Doriemus Plc (AIM: DOR) advises that the disposal of TEP Exchange ("TEP"), asannounced on 18 July 2014, has now been completed. This concludes the transition of the Company from the historical TEP ExchangeGroup Plc, whose primary business was unsuccessful in the licensing and on-lineadvertising of TEP's proprietary electronic platform, to a company with a newfocus of investing in conventional oil and gas production and explorationactivities in the UK. Donald Strang, the Company's Chairman, commented; "Your board of directors is pleased that the old legacy issues of the Companyare now resolved and closed as we look forward to enhancing our investments inthe producing conventional oil interests at the Brockham and Lidsey oilfieldsand our participation in the exciting Horse Hill-1 well currently being drillednear Gatwick Airport." This disposal technically constitutes a change of business for the purpose ofRule 15 of the AIM Rules for Companies and therefore the Company is, witheffect from 12 September 2014, re-classified as an investing company. As an investing company the Company will be required to make an acquisition oracquisitions which constitute a reverse takeover under the AIM Rules orotherwise implement its investing policy within the next 12 months. For further additional information please contact: Doriemus plc +44 (0) 20 7440 0640Donald Strang/Hamish Harris Cairn Financial Advisers LLP +44 (0) 20 7148 7900Nominated Adviser and BrokerJames Caithie/Carolyn Sansom/Jo Turner Square1 Consulting +44 (0) 207 929 5599David BickMark Longson