Result of AGM

Jupiter Energy Limited ("Jupiter" or the "Company")

Result of AGM

Jupiter announces in accordance with ASX Listing Rule 3.13.2, that the resolutions put to shareholders were carried at the Annual General Meeting of the Company held earlier today.

Following approval of the resolutions to issue the performance rights as set out in the Company's AGM statement, the directors of the Company have the following interests in the Company's shares:

ENDS

Corporate Enquiries:

Jupiter Energy (+61 89 322 8222)

Geoff Gander ([email protected])

finnCap Ltd: +44 (0) 20 7220 0500

Matt Goode/Christopher Raggett (Corporate Finance)

Simon Johnson (Corporate Broking)

GMP Securities (Europe) LLP +44 (0) 20 7647 2800

James Pope (Corporate Finance)

Chris Beltgens (Corporate Finance)

Media Enquiries:

Allerton Communications: +44 (0) 20 3137 2500

Peter Curtain: ([email protected])

About the Company:

Jupiter Energy Limited is an oil exploration and production company, quoted on both the AIM and ASX markets. The Company is focused on developing its onshore assets in western Kazakhstan. In 2008 the Company acquired 100 per cent of the Block 31 permit, located in the oil-rich Mangistau Basin, close to the port city of Aktau.

Jupiter has a proven in-country management team, led by an experienced, international Board, together possessing the skills, knowledge, network and attention to detail needed to operate successfully in Kazakhstan. The forward plan will see Jupiter develop a group production facility on Block 31 to process, store and export oil. This surface infrastructure is a key element in moving to long-term production and the achievement of self-funding for further development of Block 31.