PHAROS ENERGY PLC

AGM Information • Jul 23, 2012

Company Number 3300821

The Companies Acts 2006 Public Company Limited by Shares

SOCO INTERNATIONAL PLC

At the General Meeting of the Company held at the offices of Pelham Bell Pottinger, 6th Floor, Holborn Gate, 330 High Holborn, London, WC1V 7QD on Friday 20 July 2012 at 10.00 a.m., the following ordinary resolution was passed:

"That the proposed acquisition of the Minority Interest in SOCO Vietnam, as described in the circular to Shareholders dated 4 July 2012, a copy of which has been produced to the meeting and initialled by the Chairman for the purposes of identification, on the terms and subject to the conditions of the Acquisition Agreement be and is hereby approved and the directors of the Company (or a duly authorised committee thereof) be and they hereby are authorised to take all such steps as may be necessary and appropriate in relation thereto and to carry the same into effect with such modifications, variations, revisions, waivers or amendments (provided such modifications, variations, revisions, waivers or amendments are not of a material nature) to the Acquisition Agreement or documents relating thereto as they shall deem necessary, expedient or appropriate."

Company Secretary