Re: FOGL Announcement

3rd October 2013

Falkland Island Holdings plc

("FIH" or "the Company")

Falkland Oil and Gas Limited ("FOGL") - Recommended Combination with Desire Petroleum plc

Falkland Islands Holdings plc the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics and which has approximately a 4% shareholding in Falkland Oil and Gas Limited ("FOGL Shareholding") draws shareholders' attention to the announcement by FOGL of a Recommended Combination with Desire Petroleum plc ("Transaction"). The Board of FIH supports the Transaction and an irrevocable undertaking has been given to vote its FOGL shareholding in favour of the resolutions required to effect the Transaction.

- Ends -

Enquiries: 

Falkland Islands Holdings plc

David Hudd, Chairman Tel: 01279 461 630

John Foster, Managing Director

WH Ireland Ltd. - NOMAD and Broker to FIH

Adrian Hadden / Nick Field Tel: 0207 220 1666

FTI Consulting

Edward Westropp / Georgina Goodhew Tel: 020 7831 3113