Director Appointment

4 February 2015

PRESIDENT ENERGY PLC

("President" or "the Company")

Director Appointment

President is pleased to announce the appointment of Rt. Hon. Alistair Burt MP as Non-Executive Director with immediate effect.

Alistair, 59, was until recently Minister for the Middle East at the Foreign Office. He has also served as Minister to North Africa, North America, and South Asia. Other responsibilities included Counter Terrorism, Counter Piracy, and Counter Proliferation, signing the Arms Trade Treaty for the UK at the UN in 2013.

Alistair originally studied at Oxford, and then qualified as a solicitor, before entering Parliament as a Conservative MP under Margaret Thatcher. He was five years in John Major's Government, rising to Minister of State‎, and in all has served some seventeen years as a front bencher. He was made a Privy Councillor in 2013 and is currently MP for North East Bedfordshire.

Peter Levine, Chairman, commented:

"We are delighted to have a man of Alistair's stature joining the Board of President, and we look forward to utilising his experience and expertise."

No further information relating to Mr Burt is required to be disclosed under Rule 17 or Schedule 2 paragraph (g) of the AIM Rules for Companies.

Contact:

President Energy PLC

Peter Levine, Chairman +44 (0) 207 016 7950

Ben Wilkinson, Finance Director +44 (0) 207 016 7950

RBC Capital Markets

Jeremy Low, Matthew Coakes, Daniel Conti +44 (0) 207 653 4000

Canaccord Genuity Limited

Tim Redfern, Henry Fitzgerald-O'Connor +44 (0) 207 523 8000

Bell Pottinger

Gavin Davis, Henry Lerwill +44 (0) 203 772 2578