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*Saxon Oil Company Ltd. 
Listed Company 

SAXON OIL COMPANY LTD. ("SXN")
BULLETIN TYPE: Declaration of Dividend, Remain Suspended
BULLETIN DATE: March 31, 2014
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Share: US$0.0253
Payable Date: April 11, 2014
Record Date: April 4, 2014
Ex-Dividend Date: April 2, 2014

Further to the Exchange's bulletin dated December 6, 2012, members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

Please refer to the Company's news release of March 20, 2014 for further details.
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