Result of AGM

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29 May 2013               

EnQuest PLC ("EnQuest" or the "Company")

Voting results of the Annual General Meeting held on 29 May 2013

EnQuest announces that at the Company's Annual General Meeting held today, all resolutions set out in the Notice of Annual General Meeting and put to the meeting were passed by the requisite majority.

Set out below are the voting proxies in respect of the resolutions received by the Company at the close of register on 27 May 2013. The number of ordinary shares in issue at that date was 802,660,757.

Resolution For * % Against % Votes Total  Withheld**
Resolution 1
Annual Report & Accounts
466,970,621 98.95 4,944,894 1.05 471,915,515 10,570,026
Resolution 2
Re-election of Dr James Buckee
468,292,695 96.94 14,801,329 3.06 483,094,024 66,944
Resolution 3
Re-election of Amjad Bseisu
472,898,442 97.88 10,228,962 2.12 483,127,404 32,891
Resolution 4
Re-election of Jonathan Swinney
481,366,741 99.64 1,729,507 0.36 483,096,248 63,775
Resolution 5
Re-election of Helmut Langanger
463,735,335 96.01 19,277,831 3.99 483,013,166 76,171
Resolution 6
Re-election of Jock Lennox
454,621,109 94.36 27,149,416 5.64 481,770,525 1,389,769
Resolution 7
Re-election of Phil Nolan
474,517,927 98.23 8,573,748 1.77 483,091,675 68,619
Resolution 8
Re-election of Clare Spottiswoode
463,414,252 95.93 19,675,545 4.07 483,089,797 70,901
Resolution 9
Re-appointment of auditors
438,401,387 90.75 44,693,725 9.25 483,095,112 63,183
Resolution10
Remuneration Report
464,131,741 98.11 8,928,831 1.89 473,060,572 10,098,645
Resolution11
Political Donations
473,230,753 97.97 9,792,466 2.03 483,023,219 133,886
Resolution12
Authority to allot shares
395,273,272 81.82 87,834,456 18.18 483,107,728 49,446
Resolution13
***
Disapplication of pre-emption rights
482,957,539 99.98 73,873 0.02 483,031,412 46,288
Resolution14
***
Authority to purchase own shares
482,791,921 99.93 335,069 0.07 483,126,990 32,136
Resolution15
***14 days' notice
394,888,680 81.74 88,222,946 18.26 483,111,626 47,163

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' or 'Against' a resolution.


*** Indicates a Special Resolution,

The full text of each resolution, along with details of the proxy votes received by the company before the AGM in respect of each resolution will be available on the company website, www.enquest.com 

The Company has today submitted to the National Storage Mechanism copies of the Resolutions passed at the Annual General Meeting and will shortly be available for inspection at www.hemscott.com/nsm.do 

ENDS


For further information please contact:

EnQuest PLC                                                                                 Tel: +44 (0)20 7925 4900
Paul Waters (Company Secretary)

Notes to editors

EnQuest is the largest UK independent producer in the UK North Sea.  EnQuest PLC trades on both the London Stock Exchange and the NASDAQ OMX Stockholm.  It is a constituent of the FTSE 250 index.  Its assets include the Thistle, Deveron, Heather, Broom, West Don, Don Southwest and Conrie producing fields and the Alma and Galia development.  At the end of 2012, including the licences EnQuest was offered through the UK's 27th Licensing Round, EnQuest had interests in 39 production licences covering 55 blocks or part blocks in the UKCS, of which 31 licences are operated by EnQuest.  In addition, EnQuest also has an interest in two blocks offshore in Sabah, Malaysia.

EnQuest believes that the UKCS represents a significant hydrocarbon basin in a low risk region, which continues to benefit from an extensive installed infrastructure base and skilled labour.  EnQuest believes that its assets offer material organic growth opportunities, driven by exploitation of current infrastructure on the UKCS and the development of low risk near field opportunities.

Forward looking statements: This announcement may contain certain forward-looking statements with respect to EnQuest's expectation and plans, strategy, management's objectives, future performance, production, costs, revenues, reserves and other trend information.  These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that may occur in the future.  There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward looking statements and forecasts.   The statements have been made with reference to forecast price changes, economic conditions and the current regulatory environment.  Nothing in this presentation should be construed as a profit forecast.  Past share performance cannot be relied on as a guide to future performance.

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