Jubilant Energy Nv : Offer unconditional and Delisting Announcement ..+

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November 17, 2015

Jubilant Energy N.V. (the 'Company')

Cancellation from AIM now effective Offer unconditional in all respects

Further to the Company's announcement of 6 November 2015, the Company confirms that trading of its Shares and DIs on AIM was cancelled today at 7.00 a.m. (London time).

Further to the Company's announcement of 16 November 2015, the Board has agreed to announce on behalf of Jubilant Energy (Holding) B.V. ('JEH') that the Offer to Shareholders and DI Holders has today become unconditional in all respects. The consideration payable is anticipated to be posted to Shareholders or issued through CREST to DI Holders (as applicable) by 1 December 2015.

Definitions used in the circular and Offer document posted to Shareholders and DI Holders on 20 October 2015 shall have the same meanings when used in this announcement unless the context otherwise requires.

Enquiries: Jubilant Energy

Nikhil Pandey

[phone]