Statement re change of listing

For immediate release 21 December 2011 Cadogan Petroleum plc (the "Company") Change of listing category on the Official List Cadogan Petroleum plc announces that following a resolution approved by its shareholders at the General Meeting on 22 November 2011, the Company's listing category was transferred from "Premium Listing" to "Standard Listing" on 20 December 2011. Enquiries: Stefan Bort, Company Secretary, Cadogan Petroleum plc on 020 7487 8301 Website: http://www.cadoganpetroleum.com