Directors' Dealings

26thApril, 2013

Jubilant Energy NV

("Jubilant" or the "Company")

Directors' Dealings

Jubilant was informed on 25thApril, 2013 that on the same day Jubilant Energy Holding BV ("JEHBV") purchased 4,081,142 ordinary shares / depository interests of Euro 0.01 each ("Ordinary Shares") of the Company at a price of 15.50 pence per Ordinary Share.

Following this purchase, the total shareholding of JEHBV in the Company has increased to 353,865,298 ordinary shares/ depository interests representing 85 per cent. of the issued share capital of Jubilant.

JEHBV is fully owned by Jubilant Enpro Pvt Limited, India which inturn is owned by Mr S S Bhartia - Non Executive Director and Chairman and Mr H S Bhartia - Non Executive Director and Co-Chairman of Jubilant, directly or indirectly through entities owned and/or controlled by them and their relatives.