Tethys Petroleum Limited

Corporate Update - Seite 4

New Corporate Presentation

Tethys is pleased to announce that an updated corporate presentation is available on the Tethys website in the Investor Relations section. This is the first published presentation since the recent Board changes.

Website www.tethyspetroleum.com

About Tethys Petroleum:

Tethys Petroleum's aim is to become the leading Independent E&P Company in Central Asia, by exercising capital discipline, by generating cash flow from existing discoveries and by maturing large exploration prospects within our highly-attractive frontier acreage.

This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to the reduction of operating and capital expenditures, the proposed delivery of gas and crude oil to The People's Republic of China, the continued increase in gas volumes as well as plans for 2015 and the expected completion of the Sinohan transaction. Such forward-looking statements reflect our current views with respect to future events, including the farm-down of the Company's Georgian asset, the impact of the recent severe fall in world-oil prices on the Company, and the significant potential of exploration and discovered deposits. The forward looking statements are based on the following assumptions; that the Company will be able to successfully reduce its operating and capital expenditures, that in the short-term the Company will be less reliant on oil sales than in the past due to the recent increase in gas volumes, that gas volumes produced by the Company will continue to grow and that the Sinohan transaction will complete as expected. These forward looking statements are subject to a number of risks and uncertainties, including the risk that negotiations over a new work program with the Georgian State are unsuccessful, that the Company will be more reliant on oil sales in the near term and that the severe fall in world oil prices will have a greater impact on the Company than anticipated, that gas production will not increase as anticipated, that the cost cutting program will be delayed or that it will not result in the reductions to our costs, that the Company will not be successful in negotiating binding terms for the export of gas and oil to The People's Republic of China and that the Sinohan transaction will not complete as expected. See our Annual Information Form for the year ended December 31, 2013 for a description of risks and uncertainties relevant to our business, including our exploration activities. The "forward looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise.