Director resignation effective

1 June 2012

Matra Petroleum plc

("Matra" or the "Company")

Director resignation effective

The board of Matra Petroleum plc announces that, further to the announcement released via RNS by the Company on 15 May 2012 of Neill Hodgson's intention to resign on 31 May 2012, this has now become effective and Mr Hodgson has now left the Company.

For further information, please contact:

Matra Petroleum plc c/o Bell Pottinger

Henry Lerwill

+44 (2)20 7861 3169

Fox-Davies Capital Limited

Barry Saint (nominated adviser)

Daniel Fox-Davies/ Richard Hail

+44 (0)20 3463 5010

END