Result of AGM

16th June, 2014

PRESIDENT ENERGY PLC

("President" or "the Company")

Result of AGM

President is pleased to announce that all resolutions put to shareholders at the Company's AGM held earlier today were duly passed.

Contact:

President Energy PLC

Peter Levine, Chairman +44 (0) 207 016 7950

John Hamilton, CEO +44 (0) 207 016 7950

Ben Wilkinson, Finance Director +44 (0) 207 016 7950

RBC Capital Markets

Jeremy Low, Matthew Coakes, Daniel Conti +44 (0) 207 653 4000

Canaccord Genuity Limited

Tim Redfern, Henry Fitzgerald-O'Connor +44 (0) 207 523 8000

Bell Pottinger

Gavin Davis, Henry Lerwill +44 (0) 207 861 3232