Statement re Short-Term Financing

Ruspetro plc ("Ruspetro" or the "Company")

Short-Term Financing

London, 26 August 2014: Ruspetro plc (LSE: RPO) is pleased to announce that Limolines Transport Limited("Limolines") has today extended a short-term unsecured loan of US$10 million to the Company at an annualised rate of 14 per cent for a term of six months (the "Loan").

The funding allows the Company to continue the operational momentum gained since spudding its first horizontal well in April of this year.

Including the Loan, the Company's current cash balance will be approximately US$11 million. Accordingly, as previously announced, securing access to additional capital and a longer term restructuring of the Company's balance sheet remains imperative for the Company.

For the purposes of the Listing Rules, Limolines, which is interested in ordinary shares representing 27.9 per cent of the Company's issued share capital,is a related party of the Company and the Loan falls within Listing Rule 11.1.6R (2) and, accordingly, Listing Rules 11.1.7R to 11.1.10R do not apply.

Enquiries

Investors / Analyst enquiries

Dominic Manley, Ruspetro

+44 20 7887 7624

Twitter: @ruspetroplc

Media enquiries

Ben Brewerton / George Parker - FTI Consulting

+44 20 3727 1000

About Ruspetro

Ruspetro plc is an independent oil and gas development and production company, with assets in the Western Siberia region of the Russian Federation. Our mission is to unlock the tight oil reservoirs in our asset base while building a leading regional independent E&P company in a safe and environmentally responsible manner for the long-term benefit of our shareholders.