Results of General Meeting - 30 January 2009

30th Jan 2009 07:00

30 January 2009AIM MarketLondon Stock Exchange10 Paternoster SquareLondon EC4M 7LSDear Sir,

RE: RESULTS OF GENERAL MEETING - 30 JANUARY 2009

We have pleasure in advising that all resolutions put to the General Meeting of Shareholders, held at 10.00am on Friday 30 January 2009, were passed on a show of hands as detailed below:

As Ordinary Resolutions

1. Ratification of issuance of up to 19.8 million tranche 1 Oilex Ltd shares

2. Issuance of up to 24 million tranche 2 Oilex Ltd shares

3. Issuance of tranche 2 Oilex Ltd shares to Mr Max Cozijn

4. Issuance of tranche 2 Oilex Ltd shares to Dr Bruce McCarthy

5. Issuance of tranche 2 Oilex Ltd shares to Mr Ray Barnes

Proxy VotesThe Individual proxy votes and number of shares voted were recorded as follows: INDIVIDUAL FOR AGAINST ABSTAIN TOTAL PROXIES (CAN'T VOTE) Resolution 1 46 9 8 63 Resolution 2 36 8 19 63 Resolution 3 35 20 6 61 Resolution 4 33 18 11 62 Resolution 5 38 18 6 62 NUMBER OF SHARES FOR AGAINST ABSTAIN TOTAL HELD BY PROXIES (CAN'T VOTE) Resolution 1 5,946,936 276,555 20,054,850 26,278,341 Resolution 2 2,476,845 274,555 23,526,941 26,278,341 Resolution 3 19,190,615 4,357,855 2,729,871 26,278,341 Resolution 4 22,730,395 424,855 3,123,091 26,278,341 Resolution 5 23,123,615 424,855 2,729,871 26,278,341

For and on behalf of the Board

M.D.J. CozijnChairmancc: Directors - BMcC/RB/LLB

vendor

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Related Shares:

OEX.L