Application for admission of securities

19 April 2012

TomCo Energy Plc

("TomCo" or "the Company")

Application for admission of securities

The Company announces that application has been made for the admission of 4,454,938 ordinary shares of 0.5p each in the Company ("New Ordinary Shares") to be admitted to trading on AIM. The New Ordinary Shares are to be issued in satisfaction of a share based payment and are issued at a price of 2.2447 pence, calculated on the basis of a 5 day weighted average price of TomCo shares between 2 April and 10 April 2012 and will rank pari passu with the existing ordinary shares. It is expected that admission will occur at 8.00 a.m. on 23 April 2012. 

Following admission of the New Ordinary Shares, the total number of voting rights in the Company's ordinary shares will be 1,619,938,107.

Notes to Editors:

TomCo Energy Plc owns oil shale leases covering approximately 3,000 acres in the Green River Shale Formation, Uinta County, Utah in 4 separate tracts. SRK Consultants Ltd has declared a surface mineable JORC compliant Indicated Resource of 123 million barrels on the main tract of TomCo's Holliday Block lease.

TomCo has entered into a Licence with Red Leaf Resources Inc (Red Leaf), which owns the EcoShale(TM) In-Capsule Process (EcoShale), to use this unique and environmentally sensitive technology to extract oil from TomCo's leases. Red Leaf is planning a 9,500 bopd commercial operation at their Seep Ridge site, which lies about 15 miles SW of TomCo's Holliday Block lease.

TomCo's strategy is to develop the Holliday Block lease as a similar follow-on project to Seep Ridge using the EcoShale In-Capsule Process, with the same targeted production of 9,500 bopd.

Glossary:

bopd: barrels of oil per day

JORC Code: The mineral resource classification code devised by the Australasian Joint Ore Reserves Committee.