New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas 24 July 2012 New World Oil and Gas Plc (New World or the Company) Result of Annual General Meeting Total voting rights New World Oil and Gas Plc held its Annual General Meeting (AGM) today and is pleased to announce that all resolutions were duly passed by shareholders. Accordingly, the reverse takeover of the Company under the AIM Rules (as more fully described in the announcement dated 3 July 2012 and the Companys Readmission Document) has been approved.

Application has been made for a total of 251,575,676 ordinary shares (the Shares) to be admitted to trading on AIM.

Readmission and commencement of dealings in the Shares is expected to take place tomorrow, 25 July 2012. New World CEO William Kelleher made the following statement: "Todays AGM result represents a crucial milestone for New World.

Now that we are an operating company, we intend to advance our plans to commence drilling at Blue Creek, our flagship project in North West Belize located in the producing Pet�n Basin. "We believe our first year on AIM set the bar high in terms of activity and results.

We hope that the next twelve months should see us raising the benchmark even higher.

Not only do we intend to drill our first well in Belize soon, we also hope to further develop our Danish projects and build on our initial work which has already highlighted their prospectivity. "As well as advancing our existing projects, we are also working to secure new projects at various stages of development that would complement our portfolio.

As a result of all this activity, we hope to report great progress in the months ahead as we work towards achieving our overall objective of developing New World into a leading, diversified oil and gas exploration and production company and, in the process, generate substantial value for shareholders." The Company has no ordinary shares held in treasury and as a result, the total number of voting rights in the Company will be 251,575,676.

This figure may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSAs Disclosure and Transparency Rules. * *ENDS* * For further information please visit www.nwoilgas.com or contact: William Kelleher New World Oil and Gas Plc Tel: +1 713 447 2171 Georges Sztyk New World Oil and Gas Plc Tel: +1 514 961 2247 Peter Sztyk Felicity Geidt New World Oil and Gas Plc Beaumont Cornish Limited Tel: +1 917 215 7122 Tel: +44 (0) 20 7628 3396 Roland Cornish Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396 Jerry Keen Shore Capital Tel: +44 (0) 20 7408 4090 Pascal Keane Shore Capital Tel: +44 (0) 20 7408 4090 Hugo de Salis St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Lottie Brocklehurst St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Frank Buhagiar St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177
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