Information Memorandum for Secondary Listing

Exillon Energy

Publishes Information Memorandum for Secondary Listing on Warsaw Stock Exchange

25 October 2012 - Exillon Energy, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), today published an information memorandum in connection with an application to obtain a secondary listing on the Warsaw Stock Exchange ("WSE"). No shares will be issued or sold in connection with the listing.

The listing is expected to be effective from 29 October 2012. The information memorandum is in the Polish language only; it contains no material information that has not already been disclosed to shareholders. Existing shareholders of London listed shares will be unaffected by this and need take no action.

Mark Martin, CEO of Exillon Energy, said: "Exillon is listing on the WSE to expand our investor base. We already have some Polish pension and mutual funds as shareholders, and we believe that a local listing will facilitate investment by a wider range of investors. This is a secondary listing, and London will remain our primary listing."

WOOD & Company are acting as Financial Advisor and Listing Agent in connection with the Warsaw listing.

Media details:

In London:

Tom Blackwell

M: Communications

Tel: +44 207 920 2330

Email: [email protected]

In Warsaw:

Łukasz Wójcik

NBS Communications

Tel: +48 22 826 74 18

E-mail: [email protected]

Jakub Rutkowski

NBS Communications

Tel: +48 22 826 74 18

E-mail: [email protected]