Holdings in Company

Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas 8 July 2014 Northcote Energy Ltd (`Northcote' or `the Company') Holdings in Company Pursuant to rule 17, Northcote announces that it has been advised by RiverbendEnergy LLC, Riverbend Drilling Partners LP and Horizon Drilling Partners LP,each of which is a significant shareholder, that between 23 June 2014 and 1July 2014 they have entered into a series of transactions and following thosetransactions their holdings are as follows: Previous Current holdings holdings Number of shares Number of shares Percentage Riverbend Energy LLC 155,700,127 49,062,890 3.96% Riverbend Drilling 30,428,523 74,479,167 6.02%Partners LP Horizon Drilling Partners 85,025,917 115,733,942 9.35%LP Total 271,154,567 239,275,999 19.33% The Company has been advised that these transactions include the reorganisationof certain holdings between Riverbend Energy LLC, Riverbend Drilling PartnersLP and Horizon Drilling Partners LP as well as the off-market disposal to anumber of unrelated parties of 37,303,523 ordinary shares and the acquisitionof 5,424,955 shares in the Company. **ENDS** For further information visit www.northcoteenergy.com or contact the following: Randy Connally Northcote Energy Ltd +1 214 675 7579 Ross Warner Northcote Energy Ltd +44 7760 487 769 Dan Jorgensen Northcote Energy Ltd +44 20 7024 8391 Roland Cornish Beaumont Cornish Ltd +44 20 7628 3396 Jerry Keen Shore Capital Stockbrokers +44 20 7408 4090 Limited Bidhi Bhoma Shore Capital Stockbrokers +44 20 7408 4090 Limited Stefan Olivier Cornhill Capital Limited +44 20 7710 9618 Hugo de Salis St Brides Media and Finance +44 20 7236 1177 Ltd Elisabeth Cowell St Brides Media and Finance +44 20 7236 1177 Ltd