Result of AGM

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7774 Facsimile: + 44 (0)20 7629 7773

Annual General Meeting

26th February 2016.

At the annual general meeting held today of the shareholders of Spitfire Oil Limited, all the resolutions put to the meeting contained in the notice dated 12th February 2016 were duly passed:

Further information

Spitfire Oil Limited

Mladen Ninkov - Chairman

Roger Goodwin - Director Telephone: +44(0)20 7629 7774

Panmure Gordon (UK) Limited: Telephone: +44 (0)20 7886 2500

Dominic Morley

Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO)

The Company's news releases are available on the Company's web site: www.spitfireoil.com