Revocation of Notice of Meeting

Posted on 12 May 2015

On 30 April 2015 New Zealand Oil & Gas sent shareholders a notice of a special meeting of shareholders to be held on Thursday, 21 May 2015 to vote on a proposed share buyback programme.

The notice has been withdrawn because the Takeovers Panel has advised it considers that the notice does not adequately describe the persons whose voting control may increase as a result of the buyback. The Panel believes that the omission is material information.

Consequently there will be no meeting on 21 May 2015.

The company is considering whether to reschedule the special meeting, or whether to seek the relevant approvals at the annual meeting later in the year, and will notify shareholders once a decision has been made.