Notice of AGM

Spitfire Oil Limited

8th Floor, Royal Trust House, 54 Jermyn Street, London SW1Y 6LX, United Kingdom

Telephone: + 44 (0)20 7629 7774 Facsimile: + 44 (0)20 7629 7773

Annual General Meeting

6th March 2017.

Notice of the Annual General Meeting of Spitfire Oil Limited ("the Company") has been sent to shareholders and is available on the Company's web site on www.spitfireoil.com.

Further information

Spitfire Oil Limited

Mladen Ninkov - Chairman

Roger Goodwin - Director Telephone: +44(0)20 7629 7774

Panmure Gordon (UK) Limited: Telephone: +44 (0)20 7886 2500

Dominic Morley

Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO)

The Company's news releases are available on the Company's web site: www.spitfireoil.com