Holding(s) in Company - Correction

Holdings in Company - Correction

Nighthawk Energy plc (the "Company") advises that the following announcement replaces the "Holdings in Company" announcement released at 1.08 p.m. on 23 January 2012 under RNS Number 0097W. The previous announcement incorrectly stated the name of the person subject to the notification obligation and the controller of the voting rights.

The replacement notification appears below.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Nighthawk Energy plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Allianz Global Investors Kapitalanlagegesellschaft mbH

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

19 January 2012

6. Date on which issuer notified:

23 January 2012

7. Threshold(s) that is/are crossed orreached: vi, vii

5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B156TD53

0

0

40,000,000

40,000,000

5.34

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

40,000,000

5.34

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Allianz Asset Management AG

15. Contact telephone number:

+49 89 1220 7570

Nighthawk Energy plc

Steve Gutteridge, Executive Chairman

Richard Swindells, Chief Financial Officer

020 3582 1350

Westhouse Securities Limited

Tim Feather

Matthew Johnson

020 7601 6100

tim.feather@westhousesecurities.com

matthew.johnson@westhousesecurities.com

FTI Consulting

Ben Brewerton

Ed Westropp

020 7831 3113

ben.brewerton@fticonsulting.com

edward.westropp@fticonsulting.com