Provisional Result of Open Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, JAPAN OR SOUTH AFRICA.

This announcement is not an offer of securities for sale in the United States. The securities discussed herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, (the "Securities Act") and may not be offered or sold within the United States absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. No public offering of the securities discussed herein is being made in the United States and the information contained herein does not constitute an offering of securities for sale in the United States, Australia, Canada, Japan, New Zealand or the Republic of South Africa.

BLUEBIRD ENERGY PLC

 (AIM: BBE)

Provisional Result of Open Offer

On 6 July 2011 the Directors of Bluebird Energy plc ("Bluebird Energy" or "the Company"), a hydrocarbon production, development and exploration company with established projects onshore United States of America, announced a share issue to raise up to £558,168 (before expenses) by way of an open offer at 1 pence per new ordinary share of 0.25 pence each ("Ordinary Shares").

The Open Offer closed for applications at 11 a.m. on 27 July 2011 and the Company announces that valid applications have been received to date for 21,069,763 new Ordinary Shares from Qualifying Shareholders and Warrantholders raising approximately £210,698 (before expenses). An announcement confirming the final result of the Open Offer (reflecting any late applications which the Company has the discretion to accept in accordance with the terms of the Open Offer) will be made shortly after the General Meeting on 1 August 2011.

The Open Offer remains conditional upon inter alia the approval of Shareholders at the General Meeting and upon Admission occurring by 7 a.m. on 2 August 2011 (or such later time or date as the Company may determine).

This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 6 July 2011, copies of which are available on the Company's website at www.bluebirdenergy.net. Capitalised terms in this announcement have the same meaning as given in the Circular.