TIDMPHAR

Pharos Energy PLC

12 April 2021

12 April 2021

Pharos Energy plc

("Pharos" or the "Company" or, together with its subsidiaries, the "Group")

Investor Presentation

Pharos Energy plc, an independent oil and gas exploration and production company , is pleased to announce that Ed Story, President and Chief Executive Officer, Jann Brown, Chief Financial Officer and Managing Director, Sue Rivett, Group Head of Finance & General Manager and Dr Mike Watts, Managing Director, will provide a live Investor Presentation via the Investor Meet Company platform on 15th April 2021 at 3:00pm BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted prior to the event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet PHAROS ENERGY PLC via:

https://www.investormeetcompany.com/pharos-energy-plc/register-investor

Investors who already follow PHAROS ENERGY PLC on the Investor Meet Company platform will automatically be invited.

Enquiries

Pharos Energy plc Tel: 020 7747 2000

Ed Story, President and Chief Executive Officer

Jann Brown, Managing Director and Chief Financial Officer

Mike Watts, Managing Director

Sharan Dhami, Group Head of Investor Relations

Camarco Tel: 020 3757 4980

Billy Clegg | Owen Roberts | Monique Perks

Notes to editors

Pharos Energy plc is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders, which is listed on the London Stock Exchange.

Pharos has production, development and/or exploration interests in Egypt, Vietnam and Israel.

In Egypt, Pharos holds a 100% working interest in the El Fayum oil Concession in the Western Desert. The Concession produces from 10 fields and is located 80 km southwest of Cairo. It is operated by Petrosilah, a 50/50 JV between Pharos and the Egyptian General Petroleum Corporation (EGPC). Pharos is also an operator with a 100% working interest in the North Beni Suef (NBS) Concession, which is located immediately south of the El Fayum Concession.

In Vietnam, Pharos has a 30.5% working interest in Block 16-1 which contains 97% of the Te Giac Trang (TGT) field and is operated by the Hoang Long Joint Operating Company. Pharos' unitised interest in the TGT field is 29.7%. Pharos also has a 25% working interest in the Ca Ngu Vang (CVN) field located in Block 9-2, which is operated by the Hoan Vu Joint Operating Company. Blocks 16-1 and 9-2 are located in the shallow water Cuu Long Basin, offshore southern Vietnam. Pharos also holds a 70% interest in and is designated operator of Blocks 125 & 126, located in the moderate to deep water Phu Khanh Basin, north east of the Cuu Long Basin, offshore central Vietnam.

In Israel, Pharos together with Cairn Energy plc and Israel's Ratio Oil Exploration, have eight licences offshore Israel. Each party has an equal working interest and Cairn is the operator.

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April 12, 2021 11:15 ET (15:15 GMT)

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