Sunda Energy PlcLSE: SNDA

Holding in Company

· Issued by Sunda Energy Plc

15 February 2023

Baron Oil Plc

("Baron", or the "Company")

Holding in Company

Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration and appraisal company, announces that the Company was advised on 14 February 2023 that, as of 14 February 2023, Mr Paul Ebdale no longer has a notifiable interest in the Company.

For further information, please contact:

Baron Oil Plc

+44 (0) 20 7117 2849

Andy Yeo, Chief Executive

Allenby Capital Limited

+44 (0) 20 3328 5656

Nominated Adviser and Broker

Alex Brearley, Nick Harriss, George Payne (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

IFC Advisory Limited

+44 (0) 20 3934 6630

Financial PR and IR

baronoil@investor-focus.co.uk

Tim Metcalfe, Florence Chandler