Shareholder Circular & Notice of General Meeting

Ophir Energy PLC

Shareholder Circular and Notice of General Meeting in Respect of Sale of 20% Interest in Tanzania Blocks 1, 3 and 4 to Pavilion Energy for US$1,288 million

London, 29 November 2013: Further to the announcement by Ophir Energy plc ("Ophir" or the "Company") on 14 November 2013 relating to the entry into an agreement to sell to Pavilion Energy a 20 per cent. interest in Tanzanian Blocks 1, 3 and 4 for consideration of US$1,288 million (the "Transaction"), the Company is pleased to announce that the Shareholder Circular including the Notice of General Meeting regarding the Transaction is being posted to shareholders today.

The General Meeting will be held at the offices of Linklaters LLP, One Silk Street, London EC2Y 8HQ, United Kingdom at 10.30 am (UK time) on 16 December 2013.

In accordance with LR 9.6.1, Ophir has submitted the following documents to the National Storage Mechanism which will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM:

- the Shareholder Circular including Notice of General Meeting; and

- Form of Proxy relating to the General Meeting.

The Shareholder Circular including the Notice of General Meeting is available at www.ophir-energy.com

ENDS

FOR FURTHER ENQUIRIES PLEASE CONTACT:

Ophir Energy plc +44 (0)20 7290 5800

Nick Cooper, CEO

Richard Rose, Corporate Communications and Strategy

Brunswick Group +44 (0)20 7404 5959

Patrick Handley

Elizabeth Adams

Notes to Editors

Ophir Energy (OPHR.LN) is an African focused, upstream oil and gas exploration company which is listed on the London Stock Exchange (FTSE 250). Ophir has an extensive deepwater acreage position in West and East Africa acquired since its foundation in 2004.

The Group's headquarters are located in London (England), with operational offices in Perth (Australia), Dar es Salaam and Mtwara (Tanzania), Malabo (Equatorial Guinea), Libreville (Gabon), Nairobi (Kenya), Dakar (Senegal) and Accra (Ghana).

For further information on Ophir, please refer to www.ophir-energy.com

Disclaimer

THIS ANNOUNCEMENT IS A COMMUNICATION TO THE MARKET. NOTHING IN THIS ANNOUNCEMENT CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR A PROSPECTUS EQUIVALENT DOCUMENT. SHAREHOLDERS OF OPHIR ARE ADVISED TO READ CAREFULLY THE FORMAL DOCUMENTATION RELATING TO THE TRANSACTION ONCE IT HAS BEEN DESPATCHED. THE PROPOSALS RELATING TO THE TRANSACTION WILL BE MADE SOLELY THROUGH THE SHAREHOLDER CIRCULAR, WHICH CONTAINS DETAILS OF HOW TO VOTE WITH RESPECT TO THE TRANSACTION.

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THE DISTRIBUTION OF THIS ANNOUNCEMENT IN JURISDICTIONS OTHER THAN THE UNITED KINGDOM MAY BE RESTRICTED BY LAW AND THEREFORE PERSONS INTO WHOSE POSSESSION THIS ANNOUNCEMENT COMES SHOULD INFORM THEMSELVES ABOUT, AND OBSERVE, SUCH RESTRICTIONS. ANY FAILURE TO COMPLY WITH THE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION.