Result of AGM

23 May 2013

Oracle Coalfields PLC

("Oracle" or the "Company")

Result of AGM

Oracle Coalfields PLC (AIM:ORCP), the UK coal developer of a 1.4 billion tonne lignite resource located in the south-eastern desert of the Sindh Province, Pakistan, announces that it has today held its Annual General Meeting ("AGM") at 22 Hanover Square, Mayfair, London W1S 1JP.

The Directors of the Company confirm that all ordinary resolutions (one to six) were passed and that special resolution seven (requiring a 75 per cent majority) was not passed.

The Board will consider the implications of the vote on special resolution seven and revert to shareholders in due course.

For further information:

Oracle Coalfields PLC

Shahrukh Khan +44 (0) 203 102 4807

Grant Thornton UK LLP

Gerry Beaney, David Hignell +44 (0) 207 728 3402

Peterhouse Corporate Finance Limited

Charles Goodfellow, Duncan Vasey +44 (0) 207 220 9791

Blythe Weigh Communications

Tim Blythe, Robert Kellner +44 (0) 207 138 3204