Holding(s) in Company

6 January 2014

Matra Petroleum Plc

("Matra" or the "Company")

Holding(s) in Company

Further to the "Holding(s) in Company" announcement released by Matra on the 30 December 2013, the Company has received, on 5 January 2014, further notification under DTR 5.3.1R, that Tricon Energy Finance Limited has acquired a call option over 157,000,000 ordinary shares in Matra (representing 8.11% of the Company's voting rights) currently owned by Delek Energy Systems Limited.

For further information, please contact:

Matra Petroleum Plc c/o Pelham Bell Pottinger

Henry Lerwill 020 7861 3169

Canaccord Genuity Limited 0207 523 8000

Filip Bavenholm