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Ambrian Partners Appointed Joint Broker to Chariot Oil & Gas

21 January 2010

Ambrian Partners Limited (“Ambrian”), the wholly-owned subsidiary of Ambrian Capital plc, the natural resources investment bank, has been appointed as Joint Broker to Chariot Oil & Gas Limited (AIM: CHAR) with immediate effect.

Chariot Oil and Gas is an independent oil and gas exploration company with interests in Namibia, with highly prospective licences strategically positioned along the South Atlantic Margin. More details can be found at www.chariotoilandgas.com.

About Ambrian Capital plc

Ambrian Capital (AIM: AMBR) is the holding company of Ambrian Partners Limited, Ambrian Commodities Limited and Ambrian Metals Limited.

Ambrian Partners Limited is a focused investment bank known in the market today for its leading positions in the metals & mining, oil & gas and cleantech sectors. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners has been ranked first in the AIM Basic Materials Sector in the Hemscott Advisers Rankings and was voted No. 1 for small and mid-cap mining in the Extel Survey of fund managers in 2009. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

Enquiries:

Richard Chase, Managing Director
Richard Swindells, Corporate Broking

Ambrian Partners Limited
+44 (0)20 7634 4700

Charlotte Kirkham/Ben Simons
M: Communications
+44 (0)20 7920 2331/2340