Unaudited Interim results for the six months ended 30 June 2020 Kibo Energy PLC (Incorporated in Ireland) (Registration Number: 451931) (External registration number: 2011/007371/10) Share code on the JSE Limited: KBO Share code on the AIM: KIBO ISIN: IE00B97C0C31 ("Kibo" or “the Group” or "the Company") Unaudited Interim results for the six months ended 30 June 2020 Loss for the period of £1,255,964, down 31% from £1,820,803 Loss per share of £0.0011 (0.11 cents), down 51% from £0.0023 (0.23 cents) Headline Loss per share of £0.0011 (0.11 cents), down 51% from £0.0023 (0.23 cents) Net asset value per share of £0.022 (2.20 cents), down 33% from £0.033 (3.30 cents) Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce its unaudited interim results for the 6-month period ended 30 June 2020. This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement published on SENS and the issuers website as a whole. The full announcement can be found on the company’s website at https://kibo.energy and on the JSE website at https://senspdf.jse.co.za/documents/2020/jse/isse/kbo/KBO300620.pdf Copies of the full announcement may also be requested at the company’s registered office. By order of the board: Christian Schaffalitzky Chairman (Non-Executive) Louis Coetzee Chief Executive Officer (Executive) Noel O’Keeffe Technical Director (Non-executive) Andreas Lianos Financial Director (Non-Executive) Lukas Maree Executive Director Wenzel Kerremans Non-executive Director Company Secretary:Noel O’Keeffe Auditors:Crowe U.K. LLP Brokers: ETX Capital Limited UK Nominated Adviser: RFC Ambrian Limited 22 October 2020 Johannesburg Corporate Designated Adviser River Group Date: 22-10-2020 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.