Result of General Meeting

28 October 2014 Doriemus plc ("Doriemus" or the "Company") Result of General Meeting Doriemus plc (AIM: DOR) announces that, at the General Meeting held earliertoday, the resolution was duly passed. Accordingly, the Company's New InvestingPolicy, which is set out below, has been adopted with immediate effect. All the defined terms in this announcement have the same meaning as in thecircular published by the Company and sent to shareholders on 13 October 2014,a copy of which is available at the Company's website, at www.doriemus.co.uk. For further additional information please contact: Doriemus plc +44 (0) 20 7440 0640Donald Strang/Hamish Harris Cairn Financial Advisers LLP +44 (0) 20 7148 7900Nominated Adviser and BrokerJames Caithie/Jo Turner/Carolyn Sansom Square1 Consulting +44 (0) 207 929 5599David BickMark Longson The Company's New Investing Policy is to invest in and/or acquire companies and/or projects within the oil and gas sector in Europe with potential for growthand/or if the Board considers there is an opportunity to generate an attractivereturn for Shareholders. In general, in selecting investment opportunities in line with the above, theBoard will focus on businesses, assets and/or projects that are available atattractive valuations and hold opportunities to unlock embedded value. Whereappropriate the Board may seek to invest in businesses where they can add theirexpertise to the management of the business, and utilise their significantindustry relationships and access to finance. The ability to work alongside astrong management team to maximise returns through revenue growth will besomething the Board will focus upon initially. The Company's interests in a proposed investment and/or acquisition may rangefrom a minority position to full ownership but are more likely to be a minorityposition. The proposed investments may be in either quoted or unquotedcompanies; be made by direct acquisitions; and may be in companies,partnerships, equity, debt or other loan structures, joint ventures or director indirect interests in assets or projects. There is no limit on the number of investments which the Company may make andthe Company's financial resources may be invested in a number of propositionsor in just one investment, which may be deemed to be a reverse takeover underthe AIM Rules, and there shall be no restriction on the amount of suchavailable financial resources the Company may invest in any one investment. Anytransaction constituting a reverse takeover under the AIM Rules will alsorequire Shareholder approval. The Board expects that investments will typically be held for the medium tolong term, although short term disposal of assets cannot be ruled out if thereis an opportunity to generate an attractive return for Shareholders. The Boardwill place no minimum or maximum limit on the length of time that anyinvestment may be held and in most circumstances, it will be dependent onmarket conditions. The Company may be both an active and a passive investordepending on the nature of the individual investment. Where the Company builds a portfolio of related investments it is possible thatthere may be cross holdings between such assets. The Board considers that asinvestments are made, and new promising investment opportunities arise, furtherfunding of the Company may also be required. The Company does not currentlyintend to fund any investments with debt or other borrowings but may do so infuture, if appropriate. The Board may also offer new Ordinary Shares by way ofconsideration as well as cash, thereby helping to preserve the Company's cashfor working capital and as a reserve against unforeseen contingenciesincluding, for example, delays in collecting accounts receivable, unexpectedchanges in the economic environment and operational problems. The Company will not have a separate investment manager. The Company proposesto carry out a comprehensive and thorough project review process in which allmaterial aspects of a potential project or business will be subject to rigorousdue diligence, as appropriate. As an Investing Company, the Company will be required to make an acquisition oracquisitions which constitute a reverse takeover under the AIM Rules orotherwise implement its proposed New Investing Policy on or before the datefalling twelve months from the adoption of the Existing Investing Policyfailing which, the Company's Ordinary Shares would then be suspended fromtrading on AIM. In the event that the Company's Ordinary Shares are sosuspended and the Company fails to obtain Shareholders' consent to renew suchpolicy, the admission to trading on AIM would be cancelled six months from thedate of suspension.