Result of General Meeting

FORTUNE OIL PLC

("Fortune Oil" or "the Company")

Result of General Meeting

Fortune Oil announces that at its General Meeting held earlier today in connection with the sale of its indirect 51% equity interest in Henan Fortune Green Energy Development Co Ltd (the "Related Party Transaction"), the resolution set out in the Notice of General Meeting was approved by the shareholders on a show of hands.

Following shareholder approval, the Related Party Transaction has now completed.

The results of the proxy votes will be available on the Company's website, www.fortune-oil.com.

A copy of the resolution will be submitted to the National Storage Mechanism (which has replaced the UK Listing Authority's Document Viewing Facility) and will shortly be available for inspection at www.hemscott.com/nsm.do.

For further details:

Fortune Oil PLC

Tee Kiam Poon Tel: 00 852 2583 3125 (Hong Kong)

Pelham Bell Pottinger

Archie Berens/Zoe Sanders Tel:020 7861 3112