Pharos Energy Regulatory News (PHAR)

SOCO International plc

 ("SOCO" or the "Company")

APPOINTMENT OF DEPUTY CHAIRMAN

The Board is pleased to announce the appointment of Rob Gray as Deputy Chairman, with immediate effect.

Rob joined the Board as a Non-Executive Director in 2013. He is the Board's Senior Independent Director and is a member of each of the Board Committees, namely the Nominations Committee, Remuneration Committee, and the Audit & Risk Committee, which he has chaired since January 2017. Rob will continue to serve in these roles alongside his deputy chairmanship.

Rob has more than 30 years' experience advising companies in the natural resources sector in his various roles at James Capel & Co., Kleinwort Benson, Robert Fleming & Co. and Deutsche Bank. He is a co-founder of RegEnersys, a natural resources investment entity and is currently the principal of ReVysion LLP.

Rui de Sousa, Non- Executive Chairman, commented:

"I am delighted that Rob has accepted the new role of Deputy Chairman. His specialist commercial, governance, investment and entrepreneurial skills and experience have added essential value to the Board for the last four years. His new role provides additional strength to the Board as we focus on strategically reshaping the business, growing our portfolio and continuing to deliver substantive value to shareholders."

ENQUIRIES

SOCO International plc

Jann Brown, Managing Director and Chief Financial Officer

Tel: 020 7747 2000

Camarco

Billy Clegg

Georgia Edmonds

Tel: 020 3757 4980

NOTES TO EDITORS

SOCO is an international oil and gas exploration and production company, headquartered in London and traded on the London Stock Exchange. The Company has field development and production interests in Vietnam and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola.

Rob Gray has been an advisor to the natural resources sector for more than 30 years. Rob qualified as a solicitor in 1981 at Allen & Overy and then went on to help establish James Capel & Co. Petroleum Services, a successful advisory and Mergers & Acquisitions practice. Rob's experience includes thirteen years at Deutsche Bank where he was latterly a Senior Advisor having been Chairman of UK Investment Banking for five years and formerly Global Head of Natural Resources. Rob was previously a Director and Head of the Natural Resource Group at Robert Fleming & Co. Ltd. for four years, a group which he established. Between 2000 and 2010, Rob was an Advisory Board Member for Heerema Marine Contractors. Rob is also one of a number of industry advisors to Bluewater Energy. Rob was a co-founder of RegEnersys, a natural resources investment entity and is currently the principal of ReVysion LLP.