HIBISCUS PETROLEUM BERHAD (“HIBISCUS PETROLEUM” OR THE “COMPANY")

PROPOSED ACQUISITION BY ANASURIA HIBISCUS UK LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIBISCUS PETROLEUM, OF A 50% INTEREST IN THE ANASURIA CLUSTER FROM SHELL U.K. LIMITED, SHELL EP OFFSHORE VENTURES LIMITED AND ESSO EXPLORATION AND PRODUCTION UK LIMITED FOR A TOTAL CASH CONSIDERATION OF US$52.5 MILLION

On behalf of Hibiscus Petroleum, CIMB Investment Bank Berhad wishes to announce that the shareholders of Hibiscus Petroleum had, at the Extraordinary General Meeting (“EGM”) of the Company held on 4 February 2016, unanimously approved the ordinary resolution set out in the Notice of EGM of the Company dated 20 January 2016.

This announcement is dated 4 February 2016.