DGOC.L Regulatory News (DGOC)

29 May 2018

Diversified Gas & Oil PLC

("DGO" or the "Company")

Dividend announcement

Diversified Gas & Oil PLC (AIM: DGOC), a leading independent US based gas and oil producer focused on the Appalachian Basin, announced on 3 April 2018 that it will commence payment of dividends on a quarterly basis with effect from Q1 2018.

Accordingly the Company is pleased to announce that it will pay a dividend of 1.725 cents per share in September 2018 in respect of the first quarter to 31 March 2018. The dividend will be paid on 24 September 2018 to those shareholders on the register on 24 August 2018.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information contact:

Additional Information Regarding US Withholding and the related Tax Forms

Non-US Shareholders who are "individuals" should complete Form W-8BEN (or W-8ECI in some cases when the individual Shareholders has other U.S. taxable income and file a U.S. income tax return).

Non-US Shareholders who are "entities" should complete Form W-8BEN-E (or, if applicable, Form W-8IMYor Form W-8ECI).

For Shareholders who complete and return the US withholding tax form relevant to them, the rate of US withholding tax will be adjusted to a rate of between 0% and 30% depending on the Shareholder's elections provided on the Form W-8 and in accordance with the withholding rate under the applicable double income tax treaty (for example, 15% under the US-UK treaty).

The US withholding tax forms are available on the Company's website at https://ir.dgoc.com/divid.

Shareholders requiring further information relating to W-8 US withholding tax forms may contact the Company at ir@dgoc.com.