Executive Summary

Cue Energy plc has been established for the purpose of making investments in the energy sector, which may include exploration, development or production projects in oil and gas, coal, uranium and renewable energy. Cue will primarily focus on investment and acquisition opportunities in Southern Africa, the former Soviet Union and South East Asia. Cue?s interest in a proposed investment may range from a minority position to 100 per cent. ownership. The proposed investments may be a direct interest in an energy project or an indirect interest through partnerships, joint ventures or either quoted or unquoted companies. It is intended that Cue will make investments which are in the development and/or production stages, however the Directors may decide that the Company should invest in early stage exploration assets where some exploration or development expenditure has already been made. The Directors intend to actively monitor any investments and/or acquisitions made by the Company.

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