Rose Petroleum plc

Result of General Meeting


Result of General Meeting

VANE is pleased to announce that at the General Meeting of the Company held today all resolutions were duly passed.

Application has been made to the London Stock Exchange for the 190,108,108 New Ordinary Shares of 0.1p each resulting from the Capital Reorganisation and the 107,260,000 Placing Shares of 0.1p each to be admitted to trading on AIM and Admission and dealings is expected to occur at 8.00am on 7 October 2010.

Following admission of the 190,108,108 New Ordinary Shares and the 107,206,000 Placing Shares, the total issued share capital of the Company will be 297,368,108 ordinary shares of 0.1p each. This figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

Defined terms in this announcement should be taken to have the same meaning as set out in the circular which was posted to shareholders on 6 September 2010.