Ruspetro plc General Meeting, 18th February 2013

6 February 2013

Ruspetro plc General Meeting, 18th February 2013

London, 6 February:

As announced at 7.00am today the conversion of the Limolines Transport Limited shareholder loan will not proceed as one of the conditions of the conversion, the successful completion of the Senior Secured Notes offering has not been fulfilled. 

However as required by its articles of association, the Company will proceed to hold the general meeting of shareholders convened for 10.30 am on 18 February 2013, but intends to adjourn such meeting indefinitely and not to put the relevant resolutions to shareholders. All shareholders and directors having provided irrevocable undertakings in respect of the general meeting (as announced on 25 January) will be released from such undertakings.

Enquiries

Investors / Analyst enquiriesDominic Manley, Ruspetro+44 207 318 1265

MediaPatrick Handley / Catriona McDermott, Brunswick+44 207 404 5959

About Ruspetro

Ruspetro plc is an independent oil & gas development and production company, listed on the London Stock Exchange (LSE: RPO). The Company's operations are located on three contiguous license blocks in the middle of the Krasnoleninsk Arch in Western Siberia. Ruspetro assets include proved and probable (2P) reserves of over 1.5 billion barrels of oil.