12 November 2015

UK Oil & Gas Investments plc

("UKOG" or the "Company")

Admission Application Announcement

The Company announces that, with effect from 8:00 a.m. today, the Company's ordinary shares will commence trading on the ISDX Growth Market under the ticker UKOG.

For the avoidance of doubt, the Company will remain admitted to trading on AIM following admission to ISDX.

Ends

For further information please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson / Jason Berry Tel: 020 7440 0640

WH Ireland (Nominated Adviser and Broker)

James Joyce / Mark Leonard Tel: 020 7220 1666

Square 1 Consulting (Public Relations)

David Bick / Mark Longson Tel: 020 7929 5599

The following information is provided pursuant to the ISDX Growth Market Rules for Issuers:

Company Information

UKOG is an investment company which is admitted to trading on AIM. The Company's investing policy is to invest in and/or acquire companies and/or projects within the natural resources sector with potential for growth. The Company will also consider opportunities in other sectors as they arise if the Board considers there is an opportunity to generate potential value for Shareholders. The geographical focus will primarily be in regions in the world that the Board considers valuable opportunities exist and potential returns can be achieved.

The Company has interests in the following UK licences:

Asset

Licence

UKOG's Interest

Licence Holder

Operator

Area (km²)

Status

Avington ¹

PEDL070

UKOG (GB) Limited

IGas Energy Plc

18.3

Field in stable production.

Baxters Copse ²

PEDL233

50%

UKOG Weald Limited

IGas Energy Plc

89.6

Reviewing economics of appraisal/ development well.

Brockham ¹

PL234

3.6%

Angus Energy ⁵

8.9

Drilling of sidetrack well being considered.

Holmwood ³

PEDL143

20%

UKOG

Europa Oil & Gas (Holdings) plc

91.8

Awaiting OGA consent to farm-in, exploration well planned.

Horndean ¹

PL211

10%

UKOG (GB) Limited

IGas Energy Plc

27.3

Field in stable production.

Horse Hill ⁴

PEDL137

20.163%

Horse Hill Developments Ltd ⁶

99.3

Flow testing of HH-1 planned, awaiting regulatory approvals.

Horse Hill ⁴

PEDL246

20.163%

Horse Hill Developments Ltd ⁶

43.6

Flow testing of HH-1 planned, awaiting regulatory approvals.

Isle of Wight (Offshore) ³

P1916

77.5%

UKOG Solent Limited

46.7

Awaiting 14th Round, UKOG adjacent onshore acreage.

Isle of Wight (Onshore) ³

14th Round

TBA

200.0

Subject to 14th Round awards.

Lidsey ¹

PL241

4.2%

Angus Energy ⁵

5.3

Drilling of infill well being considered.

Markwells Wood ²

PEDL126

100%

UKOG (GB) Limited

11.2

Compiling Field Development Plan.

Notes:

1. Oil field currently in production.

2. Oil discovery pending development and/or appraisal drilling.

3. Exploration asset with drillable prospects and leads.

4. Oil discovery pending flow testing.

5. UKOG has a 6% interest in Angus Energy. Angus Energy has a 70% interest in Lidsey and a 60% interest in Brockham.

6. UKOG has a direct 30% interest in HHDL, plus an indirect 1.32% interest via Angus Energy. HHDL has a 65% interest in PEDL137 and PEDL246.

Details of Directors

The full names of the Directors of the Company and positions are as follows:

Stephen Sanderson, Executive Chairman and CEO

Stephen Sanderson joined UK Oil & Gas Investments PLC in September 2014 and was appointed Executive Chairman and Chief Executive in July 2015. A highly-experienced petroleum geologist, oil industry veteran and upstream energy business leader, with over 30 years operating experience, Stephen is a proven oil finder and has been instrumental in the discovery of more than 10 commercial conventional fields, including the giant Norwegian Smorbuk-Midgaard field complex. He is a graduate and Associate of the Royal School of Mines, Imperial College, London, a Fellow of the Geological Society of London and a member of the American Association of Petroleum Geologists. He served for four years in the British Army and TAVR as a platoon commander, serving in the UK and Berlin.

Kiran Morzaria, Finance Director

Mr. Morzaria holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School. He has extensive experience in the mineral resource industry working in both operational and management roles. Mr. Morzaria spent the first four years of his career in exploration, mining and civil engineering. He then obtained his MBA and became the Finance Director of Vatukoula Gold Mines and was part of the team that acquired and re-commissioned operations. He has served as a director of a number of public companies in both an executive and non-executive capacity, he is a non-executive director of Bacanora Minerals Ltd and the Chief Executive Officer of Rare Earth Minerals Plc.

Jason Berry, Executive Director

Jason Berry joined UK Oil & Gas Investments PLC as an Executive Director in August 2014. He has extensive experience operating in global public markets having spent approximately 20 years working in the financial services sector in London. Highly experienced in raising capital for listed Companies and Sales Trading, Jason was Director of Dawnay (2005- 2008), Day Investment Banking Limited and was involved in the successful buy out of the business which now trades as Hobart Capital Markets Limited. Currently Jason serves as Director of JBerry Consulting Limited and Stoke Capital Limited. Jason has served as Executive Director of Octagonal Plc since July 2014. He holds a BA (Honours) in European Business Studies.

Sector Classification

UKOG will be classified as a financial services company on ISDX.

Shareholder Information

Shareholder	Number of Shares	% Shareholding
TD Direct Investing Nominees (Europe) Limited SMKTNOMS	171,699,282	8.46%
Barclayshare Nominees Limited	163,931,914	8.07%
HSDL Nominees Limited	138,628,514	6.83%
Hargreaves Lansdown (Nominees) Limited 15942	136,215,771	6.71%
Forest Nominees Limited GC1	129,510,330	6.38%
HSBC Client Holdings Nominee (UK) Limited	97,752,453	4.81%
Hargreaves Lansdown (Nominees) Limited - VRA	78,045,561	3.84%
HSDL Nominees Limited - MAXI	74,415,125	3.67%
UBS Private Banking Nominees Limited	73,333,334	3.61%
Hargreaves Lansdown (Nominees) Limited - HLNOM	72,956,603	3.59%
TD Direct Investing Nominees (Europe) Limited SMKTISAS	64,385,825	3.17%

Total Significant Shareholders	1,200,874,712	59.15%

Stephen Sanderson and Jason Berry each hold options in the Company, as set out below. Kiran Morzaria holds 4,508,178 Ordinary Shares in the Company.

Name	Number of Options Held	Exercise price (pence)	Expiry date
S. Sanderson	25,000,000	0.40p	31 December 2017
J. Berry	10,000,000	1.15p	22 August 2019

Percentage of shares not in public hands: 36.67%. There are no restrictions on the transfer of UKOG's securities.

Further Information

UKOG was admitted to trading on AIM on 2 March 2005 as Sarantel Group plc ("Sarantel"); a copy of the admission document dated 2 March 2005 is available on the Company's website, www.ukogplc.com. On 25 November 2013, the Shareholders approved and adopted an Investing Policy to invest in and/or acquire companies and/or projects within the natural resources sector with potential for growth. In line with its new investing policy the Company changed its name to UK Oil & Gas Investments plc on 5 December 2013.

Trading as Sarantel, the Company had previously designed, manufactured and sold patented, ceramic, filtering antennas for use in portable wireless devices. On 13 June 2013, the Board of Sarantel announced that the directors had appointed PricewaterhouseCoopers LLP ("PwC") as an administrator to Sarantel Limited (the operating subsidiary of Sarantel) and on 2 October 2013 PwC entered into a sale agreement for the sale of Sarantel Limited's business and assets for an undisclosed sum (the "Sale"). The Sale resulted in the disposal of the Company's entire operating business.

The Company will remain admitted to trading on AIM following admission to ISDX. Its ordinary shares are eligible for CREST settlement. The Company is subject to the UK City Code on Takeovers and Mergers.

Stephen Sanderson, UKOG's Chairman, commented:

"We are seeking admission to ISDX as a means of further increasing liquidity and trading options for our shareholders and creating an additional platform on which to promote the Company's growth"

The directors of UK Oil & Gas Investments Plc accept responsibility for this announcement.

Registered Address of Applicant

UK Oil & Gas Investments Plc

Suite 3B, Princes House

38 Jermyn Street

London

SW1Y 6DN

Telephone +44 (0) 207 440 0640

www.ukogplc.com

Corporate Adviser and Contact Details

WH Ireland Ltd

11 St James's Square

Manchester

M2 6WH

James Joyce/ Mark Leonard

Telephone: +44 (0)20 7220 1666

- Ends -

For further information please contact:

UK Oil & Gas Investments Plc Tel: (0) 20 7440 0640

Stephen Sanderson

Jason Berry

WH Ireland Limited (NOMAD, Broker & Corporate Adviser) Tel: (0) 207 220 1666

James Joyce

Mark Leonard

Square1 Consulting Tel: (0) 207 929 5599

David Bick

Mark Longson