Cadogan Regulatory News (CAD)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are Cadogan Petroleum Plc attached: 2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights Yes

An acquisition or disposal of qualifying financial instruments which may result No in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to No qualifying financial instruments An event changing the breakdown of voting rights No Other (please specify): No 3. Full name of person(s) subject to the Damille Investments II Limited notification obligation: Singer Nominees Limited (on behalf of Damille 4. Full name of shareholder(s) Investments II Limited) and Pershing Nominees (if different from 3.): Limited (on behalf of Damille Investments II Limited) 5. Date of the transaction and date on 28 January 2013 which the threshold is crossed or reached: 6. Date on which issuer notified: 4 February 2013 7. Threshold(s) that is/are crossed or 3%, 4%, 5%, 6% reached: 8. Notified details: A: Voting rights attached to shares Class/type Situation previous Resulting situation after the triggering of to the triggering transaction shares transaction Number Number Number Number of voting % of voting rights if possible of of of rights using Shares Voting shares the ISIN Rights CODE Direct Direct Indirect Direct Indirect Ordinary 3,690,000 3,690,000 N/A N/A 15,322,866 N/A 6.63% GB00B12WC938 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period rights that may be rights instrument acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting % of voting rights financial date Conversion rights instrument instrument period refers to Nominal Delta N/A N/A N/A N/A N/A N/A N/A Total (A+B+C) Number of voting rights Percentage of voting rights 15,322,866 6.63%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Damille Investments II Limited holds 3,690,000 shares through Pershing Nominees Limited and 11,632,866 shares through Singer Nominees Limited.

Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease N/A to hold: 12. Date on which proxy holder will cease to hold N/A voting rights: 13. Additional information: N/A 14. Contact name: Anson Fund Managers Limited 15. Contact telephone number: 01481 722 260