FOR IMMEDIATE RELEASE                                                                                     29 March 2022

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

 Report and Accounts and Notice of Annual General Meeting

The Company's annual report and accounts for the year ended 31 December 2021 (the "Report and Accounts") and a notice of annual general meeting (the "Notice") were posted to shareholders today. The Notice convenes the 2022 Annual General Meeting (the "AGM"). The AGM will be held at The Gallery, Kimpton Charlotte Square Hotel, 38 Charlotte Square, Edinburgh EH2 4HQ at 12.00 noon on Wednesday 11 May 2022.

A copy of the Report and Accounts and Notice have also been submitted to the National Storage Mechanism and the full unedited text of the Report and Accounts will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The Report and Accounts and Notice are also available on the Company's website at www.capricornenergy.com.