Appointment of Corporate Broker

CADOGAN PETROLEUM PLC Appointment of Corporate Broker Cadogan Petroleum PLC is pleased to announce that Cantor Fitzgerald Europe has been appointed as the Company's Corporate Broker with immediate effect. Enquiries: Cadogan Petroleum Plc +380 44 584 4979 Bertrand des Pallieres Chief Executive Officer Cantor Fitzgerald Europe +44 (0) 207 107 8239 David Porter Richard Redmayne Bankside +44 (0) 207 367 8888 Simon Rothschild About Cantor Fitzgerald Cantor Fitzgerald, a leading global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 65 years. Cantor Fitzgerald is a pre-eminent capital markets investment bank serving more than 5,000 institutional clients around the world, recognised for its strengths in institutional equity and fixed income sales and trading and for its expanding presence serving the middle market with investment banking services, prime brokerage and commercial real estate financing. Cantor Fitzgerald also is a leader in new businesses including advisory and asset management services, gaming technology, e-commerce and other ventures. Cantor Fitzgerald & Co. (part of the Cantor Fitzgerald Group) is one of 21 primary dealers authorised to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's over 1,600 employees serve clients through over 30 locations, including major financial centres around the world in the Americas, Europe, Asia/Pacific and the Middle East. For more information please visit www.cantor.com.