Holding(s) in Company

Max Petroleum Plc

(the "Company")

Holdings in Company

6 September 2013

On 5 September 2013, the Company received notification that as of 3 September 2013, GLG Partners LP ("GLG") held an interest in 322,077,815 Ordinary Shares consisting of 321,272,668 Ordinary Shares and a warrant entitling GLG to acquire a further 805,147 Ordinary Shares at an exercise price of 5p per share.  If this warrant were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding ofGLG would represent 14.8% of the then issued share capital of the Company.