22 March 2019

Coro Energy plc

("Coro Energy" or the "Company")

Board Changes

Coro Energy, the South East Asian focused exploration and production company, is pleased to announce that further to the announcement made to the market on 28 February 2019 Andrew Dennan, Chief Financial Officer, has been appointed to the Board of the Company with immediate effect.

Futher information relating to the Director appointment

Mr Andrew Denis Dennan (aged 34) has confirmed that other than the information disclosed below, there are no matters to be disclosed under Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules.

Current directorships:

Coro Energy Holdings Cell A Limited

Coro Energy Asia Limited

Coro Asia Limited

Coro Europe Limited (formerly Sound Energy Holdings Italy Limited)

Coro Energy Duyung (Singapore) Pte. Limited

Coro Energy Bulu (Singapore) Pte. Limited

Coro Energy (Singapore) Pte, Limited

Saffron Energy Limited (formerly known as Coro Energy Limited)

Ezilla plc

Alpha Growth plc (formerly Alpha Growth Limited)

Baron Lux LLP

Previous directorships held in the last five years:

Penton Capital Limited

BSD Capital Limited

Shareholding in the Company:

Mr Dennan currently holds 1.5 million ordinary shares of 0.1 pence per share ("Ordinary Shares") and 5 million employee options.