Result of General Meeting and Admission to AIM

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

5 January 2018

Cabot Energy plc

("Cabot Energy", the "Group" or the "Company")

Result of General Meeting and Admission to AIM

Cabot Energy announces that at its General Meeting held earlier today, all resolutions put to shareholders were duly passed.

Further to the Company's announcements of 19 December 2017, application has been made for the 310,996,081 Placing, Subscription and Consideration Shares to be admitted to trading on AIM, which is expected to take place at 8:00 am on 8 January 2018. Following the issue of the Placing, Subscription and Consideration Shares, Cabot Energy will have 626,825,118 Ordinary Shares of 1 pence each in issue, which will also represent the total number of voting rights in the Company. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

As announced on 19 December 2017, an Open Offer has been made to Qualifying Shareholders at a price of 5 pence per Open Offer Share. The Open Offer closes for acceptances at 11:00 am on 16 January and the results will be announced on 17 January 2018.

Capitalised terms used in this announcement shall have the meaning ascribed to them in the circular that was sent to shareholders on 19 December 2017 unless the context otherwise requires.

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