Annual Report Availabilty

Dragon Oil plc

Document Availability

Dragon Oil plc, an international oil and gas exploration and production company, is pleased to announce that it has issued its Annual Report, AGM Notice, Proxy Form and Communication Card to its shareholders. These documents are now available for downloading on the Company's website www.dragonoil.com.

The Company advises that copies of the above documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do. A copy of the above documents will also be submitted to the Irish Stock Exchange and will be available for inspection at

Company Announcements Office,

Irish Stock Exchange,

28 Anglesea Street,

Dublin 2,

Ireland.

Tel: + 353 1 6174200

The Annual Report is also available to view directly via the Regulatory News Service by clicking on the link below:

http://www.rns-pdf.londonstockexchange.com/rns/5348Z_-2012-3-16.pdf 

- end -

For further information please contact:

Investor and analyst enquiries

Dragon Oil plc (+44 (0)20 7647 7804)

Anna Gavrilova

Media enquiries

Citigate Dewe Rogerson (+44 (0)20 7638 9571)

Martin Jackson

Kate Lehane

About Dragon Oil

Dragon Oil plc is an international oil and gas development and production company, quoted on the London and Irish Stock exchanges (Ticker symbol: DGO). Its principal producing asset is in the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan.

Dragon Oil (Turkmenistan) Ltd., a wholly owned subsidiary of Dragon Oil plc, holds 100% interest in and is the operator of the Production Sharing Agreement for the Cheleken Contract Area. The operational focus is on the re-development of two oil-producing fields, Dzheitune (Lam) and Dzhygalybeg (Zhdanov).