4 January 2013

Sound Oil plc

("Sound Oil" or "the Company")

Result of General Meeting, Share Consolidation

and Total Voting Rights

Sound Oil, the Italian focused upstream oil and gas company, is pleased to announce that all resolutions put to the General Meeting held earlier today were duly passed.

As a result, every 10 existing ordinary shares of 0.1p each ("Existing Ordinary Shares") that are in issue as at 5.00 p.m. today will be consolidated into one ordinary share of 1p each ("New Ordinary Share").  Other than the change in nominal value, the New Ordinary Shares arising on implementation of the share consolidation will have the same rights as the Existing Ordinary Shares, including voting, dividend and other rights; the Company's new SEDOL code will be B90XFF1 and its new ISIN code will be GB00B90XFF12.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and this is expected to become effective at 8.00 a.m. on 7 January 2013.  With effect from admission, the Company's issued share capital will comprise 287,012,882 New Ordinary Shares with each share carrying the right to one vote.  There are no shares held in treasury.  The total number of voting rights in the Company is therefore 287,012,882 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

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