Total Voting Rights and Share Capital

6 November 2012

PRESIDENT ENERGY PLC

("President" or "the Company")

Total Voting Rights and Share Capital

Following the completion of the Farm-In Agreements announced on 30 October 2012 a further 18,750,000 Ordinary Shares have been issued. For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares of £0.01 of President in issue as at the date of this notice is 268,699,887 with each share carrying the right to one vote.

There are no shares held in treasury.

The total number of voting rights in the Company is therefore 268,699,887.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, President, under the Disclosure and Transparency Rules.

For further information contact:

President Energy PLC

John Hamilton, Director +44 (0) 207 811 0140

Ben Wilkinson, Finance Director +44 (0) 207 811 0140

RBC Capital Markets

Jeremy Low, Matthew Coakes, Daniel Conti +44 (0) 207 653 4000

Jefferies Hoare Govett

Simon Hardy, Max Jones +44 (0) 207 029 8316

Pelham Bell Pottinger +44 (0) 207 861 3232

James Henderson, Mark Antelme