Result of AGM

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7774 Facsimile: + 44 (0)20 7629 7773

Annual General Meeting

6th March 2015.

The Board of Spitfire Oil Ltd ("the Company") is pleased to announce that all the resolutions put to the shareholders of the Company at the Annual General Meeting held today were duly passed.

Further information

Spitfire Oil Limited

Mladen Ninkov - Chairman

Roger Goodwin - Director Telephone: +44(0)20 7629 7774

Panmure Gordon (UK) Limited

Dominic Morley Telephone: +44 (0)20 7886 2500

Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO)

The Company's news releases are available on the Company's web site: www.spitfireoil.com