Update - Broadford Bridge-1

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Update: Broadford Bridge-1 & 1z Oil Discovery, Weald Basin, UK

UK Oil & Gas Investments PLC (London AIM: UKOG) announces that, further to the announcement on 27 December 2017, the completion of flow testing at its 100% owned Broadford Bridge-1z exploration discovery, located in licence PEDL234, is now expected during February 2018.

For further information, please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson / Kiran Morzaria Tel: 01483 243450

WH Ireland (Nominated Adviser and Broker)

James Joyce /James Sinclair-Ford Tel: 020 7220 1666

Cenkos Securities PLC (Joint Broker)

Joe Nally / Leif Powis Tel: 0207 397 8919

Public Relations

Brian Alexander / David Bick Tel: 01483 243450