Notice of EGM

9 August 2010

BPC Plc

("BPC" or the "Company")

Notice of EGM, change of name and

potential listing on the Bahamas International Securities Exchange

The board of directors of BPC (the "Board") announces that the Company will today send a circular to shareholders ("Circular") convening an Extraordinary General Meeting of the Company ("EGM") to be held at BPC's registered office at IOMA House, Hope Street, Douglas, Isle of Man IM1 1AP at 11.00 a.m. on Thursday 2 September 2010 to approve the proposed change of name of the Company to Bahamas Petroleum Company plc. 

The Company's activities are confined entirely to the territories of the Commonwealth of the Bahamas and, as such, the Board considers it appropriate to more closely align the name of the Company with these activities.

In addition, it is the intention of the Board to seek a listing of the Company's shares on the Bahamas International Securities Exchange ("BISX"), which would complement the Company's existing AIM quotation. The Board feels it is important and appropriate to create a relationship with the local Bahamian financial community and announcements of progress in this regard will be made in due course

A copy of the Circular is available for download on the Company's website, www.bpcltdgroup.com.

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