Energy XXI (Bermuda) Limited Energy XXI Annual General Meeting Voting Results (5286Q)

TIDMEXXI

RNS Number : 5286Q

Energy XXI (Bermuda) Limited

07 November 2012

Energy XXI (Bermuda) Limited ("Energy XXI" or "the Company")

Energy XXI Annual General Meeting Voting Results

On 6 November 2012, Energy XXI (Bermuda) Limited (the "Company") held its 2012 Annual General Meeting of Shareholders (the "Annual Meeting"). As of the close of business on 17 September 2012, the record date for the Annual Meeting, 79,289,515 shares of the Company's common shares, par value $0.005 per share ("Common Shares"), were issued and outstanding and entitled to vote at the Annual Meeting, of which 71,098,434 (approximately 90%) were present in person or by proxy. The proposals are described in detail in the Company's proxy statement for the Annual Meeting filed with the SEC on 1 October 2012 (the "Proxy Statement"). The final results for the votes regarding each proposal are set forth below.

Proposal No. 1: Election of Class I Directors

The Company's shareholders voted to re-elect each of the following persons as Class I directors to serve for a three-year term expiring at the 2015 Annual General Meeting of Shareholders or until their successors are duly elected and qualified. The voting results were as follows:

 
  Name of Nominee    Votes For    Votes Withheld   Broker Non-Votes 
------------------  -----------  ---------------  ----------------- 
 Paul Davison        61,377,757         0             8,211,602 
------------------  -----------  ---------------  ----------------- 
 Hill A. Feinberg    61,377,757         0             8,211,602 
------------------  -----------  ---------------  ----------------- 
 

Proposal No. 2: Approval of Appointment of Independent Registered Public Accounting Firm and Auditors' Remuneration

The Company's shareholders voted to ratify the appointment of UHY LLP as the Company's independent registered public accounting firm for the fiscal year ending 30 June 2013 and authorized the Audit Committee of the Board to set the auditors' remuneration for the fiscal year ending 30 June 2013. The voting results were as follows:

 
 Votes For    Votes Against   Abstain 
-----------  --------------  -------- 
 70,990,168      48,596       59,670 
-----------  --------------  -------- 
 

7 November 2012

Enquiries of the Company

Energy XXI

Stewart Lawrence

Vice President, Investor Relations and Communications

713-351-3006

[e-mail]

Greg Smith

Director, Investor Relations

713-351-3149

[e-mail]

Seymour Pierce

Nominated Adviser: Jonathan Wright

Corporate Broking: Richard Redmayne

Tel: [phone]

Pelham Bell Pottinger

James Henderson

[e-mail]

Mark Antelme

[e-mail]

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUGGRAGUPPUBM