MAX PETROLEUM PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement:

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that approval from the Ministry of Energy of the Republic of Kazakhstan for the Subscription has been obtained.

The final remaining Kazakh Governmental Approval for the Subscription is the consent of the Kazakh antimonopoly authorities. The Company and AGR Energy continue to work to ensure that all relevant remaining conditions to Completion as set out in the Company's circular to shareholders dated 13 August 2015 are satisfied as quickly as possible.