RAK Petroleum plc Postpones Release of 2019 Annual Report and Accounts

Wednesday 1 April 2020

RAK Petroleum plc, the Oslo-listed oil and gas investment company, notes the statement by the United Kingdom Financial Conduct Authority ("FCA") requesting that all listed companies observe a moratorium on the publication of preliminary financial statements for at least two weeks and that this be considered for audited full year results.

In accordance with this request, the Company will delay the publication of its 2019 Annual Report and Accounts, which were scheduled to be released on 31 March 2020, to a date that will be determined as soon as possible.