Correction to Number of Shares in Issue

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

17 March 2017

Sirius Petroleum Plc

(the "Company" or "Sirius ")

Correction to Number of Shares in Issue

Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, announces that the number of shares in issue announced on 22 February 2017 should have been 2,542,029,522 ordinary shares of 0.25 pence each in issue. No ordinary shares are held in treasury. The figure of 2,542,029,522 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

Sirius Petroleum +44 20 3740 7640

Bobo Kuti / Jack Pryde

Cantor Fitzgerald Europe +44 20 7894 7000

Sarah Wharry / Craig Francis

Gable Communications +44 20 7193 7463

John Bick [email protected]

The person making this notification on behalf of Sirius Petroleum plc is Olukayode (Bobo) Kuti, the Chief Executive Officer and Director of the Company.