Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Roxi Petroleum plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

 √

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation:

Kuat Oraziman

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction and date on which the threshold is crossed or reached:

25 October 2011

6. Date on which issuer notified:

28 October 2011

7. Threshold(s) that is/are crossed or reached:

62%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Indirect

Direct

Indirect

 Ordinary 1p Shares

 GB00B1W0VW36

 382,165,716

 382,165,716

372,165,716

95,207,443

276,958,273

15.62

45.43

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/ConversionPeriod

Number of votingrights instrumentrefers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 372,165,716

 61.05%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

Name of Company/Fund: Vertom International NV

Number of shares: 141,958,273

Percentage of issued share capital: 23.29%

Name of Company/Fund: Baverstock GmbH

Number of shares: 98,000,000

Percentage of issued share capital: 16.08%

Name of Company/Fund: Raditie NV

Number of shares: 37,000,000

Percentage of issued share capital: 6.07%

Total Direct: 95,207,443 (15.62%)

Total Indirect: 276,958,273 (45.43%)

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

 Peter Driver, London Registrars plc

(Company Secretary)

15. Contact telephone number:

 020 7831 3314