Primorus Investments plc

("Primorus" or the "Company")

Planning Permission Granted for Further Flow Testing and Drilling

Horse Hill Oil Discovery, Weald Basin, UK

The Company is pleased to announce that it has been informed by Horse Hill Developments Ltd ("HHDL"), the operator of Horse Hill licences PEDL137 and PEDL246, containing the Horse Hill-1 ("HH-1") oil discovery, that on 18 October 2017 Surrey County Council's Planning and Regulatory Committee granted planning permission to enable HHDL to carry out extended flow tests at HH-1, plus drill and test both a sidetrack from the existing HH-1 well and new borehole HH-2.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

For further information, please contact:

For further information please contact: