Listing on Kazakhstan Stock Exchange

Max Petroleum Plc

(the "Company")

Listing on Kazakhstan Stock Exchange

1 March 2013

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has been accepted by the Kazakhstan Stock Exchange ("KASE") to register Max Petroleum's ordinary shares ("Ordinary Shares") on the KASE. The KASE listing will allow the Company to offer Ordinary Shares for sale in Kazakhstan, a key local regulatory requirement for the Company to be able to issue additional securities on international markets. The secondary listing will also facilitate a wider ownership of the Company's Ordinary Shares in Kazakhstan. Centras Securities has been appointed as the Company's registered broker in Kazakhstan. The Company expects to formally list on the KASE in early March 2013.