Regulatory news announcement

Unreported Trades in the Company’s Ordinary Shares

5 July 2018 
                               Karoo Energy Plc 
                       ("Karoo Energy" or the "Company") 
              Unreported Trades in the Company's Ordinary Shares 
Karoo Energy Plc ("Karoo" or "the Company") has been made aware that a broker 
member firm failed to report trades in the Ordinary Shares of the Company, in 
accordance with the trading rules of the NEX Exchange Growth Market ("NEX"). 
The Directors of the Company had no knowledge of such trades until today and 
will endeavour to assist NEX as far as possible in its continuing 
investigation.  A further announcement may follow in due course. 
The Directors of the Company accept responsibility for the content of this 
Karoo Energy plc 
Noel Lyons 
Telephone: 020 3130 0674 
Corporate Adviser 
Peterhouse Capital Limited 
Guy Miller / Mark Anwyl 
Telephone: 020 7220 9795