PPE Proven

RNS Number:6055W
Plectrum Petroleum PLC
15 May 2007


                             Plectrum Petroleum Plc

                                 RESULT OF AGM

Plectrum Petroleum Plc ("Plectrum Petroleum" or "the Company") (Ticker: PPE),
the AIM listed oil and gas explorer, announces that at its Annual General
Meeting held today, Tuesday 15 May 2007, all resolutions put to the meeting were
duly passed.

At today's AGM, Executive Chairman Mike Whyatt made the following statement:

"I am pleased to report that since the publication of our Annual Report we have
had interest from the industry in participating in the exploration of each of
our assets in Tunisia, Australia, Peru and the UK.

"This industry interest has of course to be converted into farm-out deals,
however judging from the number of enquiries and visits to our dataroom we are
hopeful of making that happen."


Contact etc:


For further information, please contact:


Plectrum Petroleum Plc

www.plectrum.co.uk

Mike Whyatt, Executive Chairman            01330 826 710


Blue Oar Securities Plc

Olly Cairns                                020 7448 4400


Aquila Financial Ltd                       www.aquila-financial.com

Peter Reilly                               020 7202 2601


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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