Luxemburg, 29 September 2017: The board of Riga Stock Exchange has informed the board of Deutsche Oel & Gas S.A. today that it took the decision to refuse admission to trading of Deutsche Oel & Gas S.A. B Class shares (ISIN: LU1083294915) on Nasdaq Riga First North Market and revised the decision made on September 5, 2017. Trading shares was due to start on October 2nd 2017.

The board of directors of Deutsche Oel & Gas S.A. took note of the decision of the Riga Stock exchange board and will now discuss further options.