UK Oil & Gas Regulatory News (UKOG)

23 October 2015

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Directorate Change

The Company is pleased to announce that Kiran Morzaria has been appointed to the Board as the Company's Finance Director with effect from today. Mr Morzaria replaces Donald Strang who is retiring to focus on other business interests. The board wishes to thank Mr Strang for his contribution and commitment to the development of the Company over the past few years and wishes him well.

Disclosures required pursuant to the AIM Rules:

The names of all companies of which Mr Morzaria, aged 41, has been a director at any time in the previous five years are set out below:

Mr Morzaria was a director of Tubutama Borax Plc and Tubutama Ltd both of which underwent a members' voluntary winding up in July 2010 and were dissolved in April 2012. The liquidation was part of an agreed process by which Tubutama Borax Plc and Tubutama Ltd had agreed to sell the underlying company's asset in Mexico. The consideration for the sale of the Mexican asset was shares in a listed entity in Canada (Bacanora Minerals Ltd), therefore members received these shares which were distributed on completion of the transaction.

Arlington Resource Plc, of which Mr Morzaria was a director, was dissolved on December 2007 following a voluntary member's liquidation.

Mr Morzaria has 4,508,178 ordinary shares in the Company.

There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

- Ends -

For further information please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson Tel: 020 7440 0640

WH Ireland (Nominated Adviser and Broker)

James Joyce / Mark Leonard Tel: 020 7220 1666

Square 1 Consulting (Public Relations)

David Bick / Mark Longson Tel: 020 7929 5599