Etablissements Maurel & Prom — M&A Activity 2015

Oct 7, 2015

Paris, 7 October 2015 N°20-15

Proposed merger of Maurel & Prom and MPI Publication of a letter to shareholders

As part of the proposed merger of Maurel & Prom and MPI, the Company announces the publication of a letter to shareholders, available on the Company's website www.maureletprom.fr by clicking the project heading "Proposed merger M&P / MPI".

For further information concerning this proposed merger, Maurel & Prom shareholders may also send an email to the follow address: fusionmaureletprom.mpi@maureletprom.fr

MAUREL & PROM Tel: 01 53 83 16 00

Press contacts, shareholder and investor relations Tel: 01 53 83 16 45 ir@maureletprom.fr

This document may contain forward looking statements about Maurel & Prom's financial position, income, activities and industrial strategy. By nature, forwardlooking statements contain risks and uncertainties to the extent that they are based on events or circumstances that may or may not happen in the future. These projections are based on assumptions that we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, and even wars, acts of terrorism and sabotage.

Maurel & Prom is listed for trading on Euronext Paris – Compartment A CAC® mid 60 - SBF120® - CAC® Mid & Small - CAC® All-Tradable - CAC® All-Share – CAC PME – EnterNext© PEA-PME 150 ISIN FR0000051070 / Bloomberg MAU.FP / Reuters MAUP.PA