MINUTES OF BONDHOLDER MEETING

A Bondholders' Meeting was today held pursuant to summons of 27th April 2015.

There were sufficient Bondholders present at the meeting to form a quorum.  The proposed resolution obtained 97,32 % of the votes, and the proposal was adopted. The Bond Agreement will therefore be changed as set out in the summons to the meeting.

Limassol, 05. May 2015 

Petrolia SE

For further information, please contact Demos Demou

Finance manager: demos.demou@petrolia.eu

This information is subject of the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act)