Posting of Annual Report & Accounts & AGM notice

30 May 2013

ELAND OIL & GAS PLC

("Eland" or the "Company")

Posting of Annual Report & Accounts and Notice of AGM

Eland Oil & Gas PLC (AIM: ELA), an oil & gas development and exploration company operating in West Africa with a principal focus on Nigeria, is today pleased to announce that the Company's 2012 Annual Report and Accounts and Notice of Annual General Meeting have been posted to shareholders.

Electronic copies of these documents are available on the Company's website at www.elandoilandgas.com.

The Company's Annual General Meeting will be held on 21 June 2013, at 11.00am at Banchory Lodge Hotel, Dee Street, Banchory, Aberdeenshire, AB31 5HS, Scotland.

For further information:

Eland Oil & Gas PLC (+44 (0) 207 016 3180)

Les Blair, CEO

George Maxwell, CFO

Edward Cozens, IR

Canaccord Genuity Limited (+44 (0) 207 523 8000)

Henry Fitzgerald-O'Connor

Peter Stewart

Citigate Dewe Rogerson (+44 (0) 207 638 9571)

Martin Jackson

Jack Rich