Result of EGM

New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas

15 February 2012

New World Oil and Gas Plc ('New World' or the 'Company')

Result of EGM

New World Oil and Gas Plc, a company focussed on making investments in the oil and gas sector, announces that at the extraordinary general meeting ('EGM') held today all resolutions were duly passed by shareholders.

New World CEO William Kelleher said, "I am delighted to receive support from our shareholders and would like to take this opportunity to thank everyone for their loyalty and trust and look forward to updating you on our progress in due course."

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For further information please visit www.nwoilgas.com or contact:

Notes

New World Oil and Gas Plc is focussed on making investments in the oil and gas sector, either by acquisition or by participation through Farm-Out. The Company targets late stage exploration or early production projects that, in the opinion of the Directors, are undervalued, underdeveloped or under-performing, located in basins with large proven reserves. New World is currently operating in Central America and Europe where New World has acquired two highly prospective projects via Farm-Out Agreements, although the Board is actively identifying exploitation opportunities in areas including Africa, South America and South East Asia.