Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Stock Code: 603)

CHANGE OF ADDRESS OF BERMUDA SHARE REGISTRAR AND TRANSFER AGENT

The board (the "Board") of directors (the "Directors") of China Oil And Gas Group Limited (the "Company") hereby announces that the address of the Company's Bermuda principal share registrar and transfer agent, MUFG Fund Services (Bermuda) Limited, will be changed to The Belvedere Building, 69 Pitts Bay Road, Pembroke HM08, Bermuda with effect from 30

July 2014.

The Company's branch share registrar and transfer office in Hong Kong is still maintained by Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong.

By Order of the Board

China Oil And Gas Group Limited Chan Yuen Ying, Stella Company Secretary

Hong Kong, 28 July 2014

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Xu Tie-liang (Chairman and Chief Executive Officer), Mr. Zhu Yuan, Ms. Guan Yijun and Mr. Cheung Shing; and three independent non-executive Directors, namely Mr. Li Yunlong, Mr. Shi Xun-zhi and Mr. Wang Guangtian.

* for identification purposes only

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