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Max Petroleum Plc

(the "Company")

Holdings in Company

3 January 2013

On 3 January 2013, the Company received notification that, as of 31 December 2012, UBS Investment Bank held directly a beneficial interest in 82,019,547 ordinary shares in the Company("Ordinary Shares") representing 4.6% of the total voting rights attached to the issued ordinary share capital of the Company.

Enquiries:

Max Petroleum Plc

Michael Young

President and Chief Financial Officer

Tel: +44 (0)207 355 9590


Tom Randell

Director of Investor Relations


College Hill

David Simonson/ Anca Spiridon

Tel: +44 (0)207 457 2020

WH Ireland Ltd

Daniel Bate / Katy Mitchell

Tel: +44 (0)161 832 2174

Macquarie Capital

Steve Baldwin/ Jeffrey Auld/ Nicholas Harland

Tel: +44 (0)203 037 2000

Oriel Securities

Michael Shaw / Ashton Clanfield

Tel: +44 (0)207 710 7600




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