30 October 2015

Blenheim Natural Resources Plc 

("Blenheim" or the "Company")

Result of AGM and Share Subdivision

Blenheim is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

As a result of resolutions 5 and 6 being passed, shareholders have approved the extension of the redemption dates of the £185,000 in nominal amount of convertible unsecured loan notes 2014 and the £90,000 in nominal amount of convertible unsecured loan notes 2015 now in issue to 15 April 2017.

As a result of resolution 7 being passed, shareholders have approved the subdivision of each the Company's existing ordinary shares of 10 pence each into 100 Ordinary Shares of 0.1 pence each ("New Ordinary Shares") (the "Subdivision"). The Subdivision will become effective and CREST accounts updated to reflect the Subdivision on 2 November 2015. Certificates in respect of the New Ordinary Shares resulting from the Subdivision are expected to be issued by 9 November 2015.

At the request of a shareholder, duly given, an amendment to resolution 8 was passed at the meeting allowing the directors to grant rights to subscribe for shares in addition to allotting shares and the amended resolution was passed.

Application has been made for the 104,290,900 New Ordinary Shares to be admitted to trading on AIM with admission expected to take place on or around 2 November 2015 under ISIN GB00BYQ5L258.

Following the Subdivision there will be 104,290,900 New Ordinary Shares in issue. The Company does not hold any shares in treasury. Therefore the total number of shares with voting rights in the Company following admission will be 104,290,900. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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