March 4, 2013, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB; Frankfurt: GDA; OTCQX: SMBZF), the pan-African oil & gas explorer, is pleased to announce two key appointments to the Company’s technical team in London: Mr. Oleg-Serguei Schkoda as Vice President, Exploration & Project Management and Ms. Katia Russo, Geoscientist.

Mr. Schkoda, 42, is an upstream oil & gas executive with an 18 year career that has spanned the globe with postings in Europe, North America, Asia, Africa and the Middle East. He has acquired a wide range of oil & gas expertise from the early stages of exploration to acquiring seismic to drilling to production. In particular, Oleg has extensive operational experience throughout Africa.

Holding a Masters in Mining Exploitation (Brussels) and Petroleum Geology (Nancy, France), Oleg first worked as a reservoir engineer for Petrofina’s exploration department before completing a Master of Petroleum Engineering at the IFP (Institut Français du Pétrole) in Paris.

He has also worked for Schlumberger and was a reservoir specialist for Baker Hughes. Most recently, Oleg was Vice President for Cougar Drilling Solutions, a Canadian directional drilling service company active in Africa.

Mr. Schkoda is fluent in several languages including English and French.

Ms. Katia Russo received a First Class BEng (Hons) in Petroleum Engineering from London South Bank University and is completing a MSc in Petroleum Engineering from Heriot-Watt University in Edinburgh. She also holds a BA (Hons) in Management from West London University.

Katia has previously worked as a Reservoir Engineer for Petrophase’s Enhanced Oil Recovery Projects.

Mr. Hassan Hassan, Managing Director of Operations for Simba, remarked:

“These key additions to our technical management team put the Company in a better position to implement its aggressive exploration and farm-out strategy. Our primary objective is to develop further our Kenya and Chad concessions that continue to attract attention from a variety of international oil & gas companies.”

About Simba Energy:

Simba Energy Inc. is an international oil & gas exploration company focused on onshore Pan-African opportunities. The Company holds a diversified portfolio of 100% (or majority of) interests in six prospective oil & gas exploration concessions in Kenya, Chad, Guinea, Liberia, Ghana and Mali.

In addition to its 100% interest in Kenya’s Block 2A, the Company holds a 60% interest in Blocks 1 & 2, onshore Republic of Guinea, and has recently signed a Production Sharing Contract with the Republic of Chad for a 100% interest in three prospective oil & gas blocks within the Doba, Doseo and Erdis basins.

Simba’s objective is to establish itself as a diversified international developer and producer with a growing oil & gas acreage position with significant upside potential for shareholders.

For further information, please contact: Ph. 604-641-4450; or visit: www.simbaenergy.ca , or email: info@simbaenergy.ca, or Mark Sommer, Toll Free: 1-855-777-4622; or

Financial Public Relations (UK), Lionsgate Communications, Jonathan Charles, jcharles@lionsgatecomms.com , + 44 (0)779 189 2509.

We seek safe harbor.

ON BEHALF OF THE BOARD

“Robert Dinning”, President & CEO.