Special General Meeting

Spitfire Oil Limited

Special General Meeting

18th March 2011.

Notice of a Special General Meeting of Spitfire Oil Limited ("the Company"), which is required to approve the accounts for the year ended 30 June 2010 has been sent to shareholders and is available on the Company's web site on www.spitfireoil.com.

Further information

Spitfire Oil Limited

Mladen Ninkov - Chairman

Roger Goodwin - Director Telephone: +44(0) 20 7629 7774

Panmure Gordon (UK) Limited Telephone: +44 (0) 20 7459 3600

Dominic Morley

Hannah Woodley

Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO)

The Company's news releases are available on the Company's web site: www.spitfireoil.com