Petroneft Resources PLC

29 December 2017

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PetroNeft Resources plc�('PetroNeft' or 'the Company')

Holding(s) in Company

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PetroNeft received notification�on� 28 December 2017 �from�Daria Shaftelskaya that she holds an aggregate interest in 75,678,700 ordinary shares�of �0.01 each which represents�10.7%* of the issued share capital of PetroNeft as at 28 December 2017 .

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*This percentage shareholding is based on a shares in issue figure of 707,245,906 ordinary shares.

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Contacts

Paul Dowling, CFO, PetroNeft Resources plc

+353 1 6470280

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