Result of AGM

Spitfire Oil Ltd

Annual General Meeting

14th December 2012.

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 Telephone: +44 (0)20 7459 3600

Dominic Morley

Hannah Woodley

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