Result of Annual General Meeting

14 October 2011

Argos Resources Limited

("Argos" or "the Company")

Result of Annual General Meeting

Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to announce that at the Annual General Meeting of the Company held in the Falkland Islands on 13 October 2011, all Resolutions were duly passed by shareholders. 

-ENDS-

For further information:

Argos Resources Ltd (+500 22685)

www.argosresources.com 

Ian Thomson, Chairman

John Hogan, Managing Director

Evolution Securities Limited (+44 20 7071 4300)

Tim Redfern

Jeremy Ellis

Neil Elliot

Adam James

Citigate Dewe Rogerson (+44 20 7638 9571)

Martin Jackson

Kate Lehane

Notes to Editors

Argos is an oil and gas exploration company based in the Falkland Islands. The principal asset of the Company is a 100 per cent. interest in Production Licence PL001, covering approximately 1,126km2 in the North Falkland Basin (the "Licence Area"). The Licence Area adjoins licence PL032 where the Sea Lion oil discovery was made by Rockhopper Exploration plc, who are undertaking a new and extensive drilling campaign in their licence.

The Company has a strong and experienced management team with significant experience in both the oil and gas industry and the Falkland Islands. The Company has completed a 3D seismic programme and is working towards the selection of possible targets for an initial drilling programme in the fourth quarter of 2011 or early 2012.