Result of EGM

Caparo Energy Limited

("Caparo Energy" or the "Company")

Result of EGM

Caparo Energy announces that at the Extraordinary General Meeting ("EGM") of the Company held earlier today, all Resolutions, as set out in the notice of EGM sent to shareholders on 10 August 2011, were duly passed.

Change of name of the Company

As the Company announced on 10 August 2011, and in light of the Company's ongoing transformative growth, its identity has evolved and the Board now considers it appropriate to change the name of the Company to Mytrah Energy Limited. Following the approval of the resolution today this change is expected to become effective on Wednesday 7th September and trading of the shares under this name are expected to commence at 8.00am under AIM ticker MYT.

Authority to issue shares and to disapply pre-emption rights

In addition, following the passing of the Resolutions, the Company is now authorised to issue Ordinary Shares on a non pre-emptive basis by dis-applying the pre-emption rights under the Company's Articles of Incorporation. The Board believes that the ability to issue new Ordinary Shares on a non pre-emptive basis is in the best interests of the Company as this affords considerable flexibility and a significant reduction in time and costs in effecting fundraisings.

Following the passing of the Resolutions the Board now intends to investigate the most appropriate method of implementing the Company's strategy, to the benefit of the Company and Shareholders as a whole.

Further information on the Company can be found at www.caparoenergy.com.

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