10 February 2017

Blenheim Natural Resources plc

("Blenheim" or the "Company")

Grant of Options and PDMR Dealing

The Company announces that it has today granted options to Chris Ells and Mark Parker, both directors of Blenheim, as set out in the table below. The options granted are over a total of 22,500,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares"), vest immediately and are exercisable at any time until the third anniversary of the date of grant (the "Options"). The Options have an exercise price of 0.65 pence each, representing a premium of approximately 8.5 per cent to the volume weighted average price of the Company's Ordinary Shares over the three months preceding the date of grant.

Following the grant of the Options the total number of ordinary shares in the Company under option (excluding warrants) is 32,500,000, representing 8.2 per cent of the current issued share capital.

Blenheim was also informed today that Mrs Jenny Ells, spouse of Chris Ells, today purchased 1,500,000 Ordinary Shares at a price of 0.777 pence per Ordinary Share.

Following this transaction, Chris Ells, together with his spouse, is beneficially interested in 11,410,000 Ordinary Shares, representing approximately 2.9 per cent of the Company's current issued share capital.

For further information please contact:

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them