Maurel & Prom : Information on share subscription warrants Potential extension of the fiscal year for share subscription warrants

Paris, 16 May 2014
 No. 13-14

Information on share subscription warrants
Potential extension of the fiscal year for share subscription warrants

The General Shareholders' Meeting of share subscription warrant holders, which was called by the board of directors at the request of the shareholders' representative and which met this morning at Cercle des Armées - 8, place Saint-Augustin - 75008 Paris, did not assemble the minimum quorum required by law, i.e. 25% of share subscription warrants with voting rights. Notably, the company Pacifico, as a shareholder with more than 10% of the company's capital, did not vote at the General Shareholders' Meeting of share subscription warrant holders, as its share subscription warrants have no voting rights and were excluded from the quorum.

In order to re-submit the potential extension of the fiscal year to 31 December 2015 to share subscription warrant holders, another General Shareholders' Meeting will be called on 2 June 2014 with the same agenda and draft resolutions. The quorum required at the new General Shareholders' Meeting will be 20% of share subscription warrants with voting rights; share subscription warrants held by Pacifico will remain without voting rights and will again be excluded from the quorum of the new General Shareholders' Meeting.

A notice confirming the date of the General Shareholders' Meeting with information for share subscription warrant holders on the time and place of the meeting will be published shortly according to the procedures provided for in the applicable legislative and regulatory provisions.

For more information, go to www.maureletprom.fr

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This document may contain forward-looking statements regarding the financial position, results, business and industrial strategy of Maurel & Prom.By nature, forward-looking 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 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, or even wars, 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 - Eligible PEA - PME
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