EGM Statement - Cancellation of trading on AIM

Matra Petroleum Plc

("Matra" or "the Company")

Result of Extraordinary General Meeting ("EGM")

Cancellation of Matra's Admission to Trading on AIM

Matra Petroleum Plc, the oil & gas focused Investing Company, announces that at the Company's EGM held today, the resolution to approve the cancellation of the admission of the Company's ordinary shares to trading on AIM was duly passed. Accordingly cancellation of trading will take effect from 7.00 a.m. on 1 May 2014.

Enquiries:

Matra Petroleum plc c/o Bell Pottinger

Henry Lerwill 020 7861 3169

Canaccord Genuity Limited

Henry Fitzgerald-O'Connor 0207 523 8000