Europa Oil & Gas (Holdings) plc announced that it has received a letter from a group of shareholders, including Paul Barrett and Erika Syba (the "Requisitioning Shareholders"), who own a combined shareholding of approximately 5.24% of the Company's issued share capital, attempting to requisition a general meeting of the Company's shareholders (the "Requisition") under section 303 of the Companies Act 2006 (the Act) to consider resolutions to remove William Holland and Alastair Stuart from the Board of directors and to replace them with Paul Barrett and Erika Syba. The Board of Europa notes that both Paul Barrett and Erika Syba are former directors of the Company, who resigned from their respective Board positions on 21 October 2011 and 31 August 2010 respectively and have previously unsuccessfully attempted to requisition a general meeting, with similar resolutions, as announced on 8 January 2014. If the company subsequently receives a valid requisition notice from the Requisitioning Shareholders, the Board will respond to it in accordance with the Act and will share its detailed views on the proposals with shareholders.

However, in summary, the Board does not believe that the proposed resolutions would be in the best interests of the Company and none of the Directors would vote in favour of such resolutions were they to be proposed.