Urals Energy PCL (''Urals Energy'' or the ''Company'')
Posting of Notice of Annual General Meeting

Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, announces that notice of the Annual General Meeting to be held at the registered office of the Company at Evagoras Building, Office 34, 3rd Floor, 31 Evagorou Avenue, Nicosia, CY-1066, Cyprus at 11:00 a.m. on Friday 22 February 2013 has been sent to shareholders.

An electronic copy of the Notice of AGM and the Form of Proxy are available from the Company's website at http://www.uralsenergy.com/ir_aim26.htm in accordance with AIM Rule 20.

For further information, please contact:
Urals Energy Public Company Limited, Tel: +7 495 795 0300
Alexei Maximov, Chief Executive Officer
Sergey Uzornikov, Chief Financial Officer

Allenby Capital Limited, Tel: +44 (0) 20 3328 5656
Nominated Adviser and Broker
Nick Naylor
Alex Price

Media enquiries:
Abchurch, Tel: +44 (0) 20 7398 7710
Henry Harrison-Topham
Quincy Allan

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