Petrostar Announces Results of Agm

(via Thenewswire.ca)

June 28, 2013 - Vancouver, BC -
Petrostar Petroleum Corporation (TSX-Venture:
PEP; "Petrostar" or "the Company") held its Annual
General Meeting on June 26, 2013 in the boardroom at 1220 - 800 West
Pender Street, Vancouver, BC at 10:00am. The meeting was called to
order with a substantial quorum achieved.

Mackenzie Loree Chaired the meeting, Deanna Sauve acted
as Recording Secretary and Evelyn Hsu, a representative of the
Company's transfer agent, scrutineered the meeting.

The minutes from the previous AGM, held on September
6, 2012, were adopted as read, as were the 2012
Audited Annual Financial Statements and MD&A. All resolutions
contained in the Company's Proxy Form were passed and there was no new
business brought forward.

A short question and answer period from the floor was
held. The meeting was adjourned at 10:30am.

About Petrostar Petroleum Corp.

Petrostar is a Tier 2, Canadian-based, oil
and gas exploration company trading on the TSX Venture Exchange, with
property assets in Alberta and Saskatchewan.

For further information, please
contact:

Bruce Scafe, IR and Communications Officer

Tel: 1-877-737-8864 or bscafe@petrostarpetroleum.com

Alternate contact information:

Dee L. Sauve

Corporate Compliance Officer

Tel: 604-568-4350 or info@petrostarpetroleum.com

Neither the TSX Venture
Exchange nor its Regulation Services Provided (as that term is defined
in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.

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