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Director/PDMR Shareholding

16th Nov 2006 10:50

Dragon Oil PLC16 November 2006 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons This form is intended for use by an issuer to make a RIS notification requiredby the Market Abuse Rules and section 53 (as extended by section 64 of theCompanies Act 1990) or entered into the issuer's register in accordance withsection 59 of the Companies Act 1990. (1) An issuer making a notification in respect of a transactionrelating to the shares or debentures of the issuer should complete boxes 1 to16, 23 and 24. (2) An issuer making a notification in respect of a derivativerelating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14,16, 23 and 24. (3) An issuer making a notification in respect of options grantedto a director/person discharging managerial responsibilities should completeboxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financialinstrument relating to the shares of the issuer (other than a debenture) shouldcomplete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. All relevant boxes should be completed in block capital letters 1 Name of the Issuer 2 State whether the notification relates to: Dragon Oil plc (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). (i) 3 Name of person discharging managerial 4 State whether notification relates to a responsibilities/director person connected with a person discharging managerial responsibilities/director named Gautam Sashittal in 3 and identify the connected person N/A5 Indicate whether the notification is 6 Description of shares (including class) in respect of a holding of the person debentures or derivatives or financial referred to in 3 or 4 above or in instruments relating to shares respect of a non-beneficial interest Ordinary Shares of €0.10 each Acquisition of a beneficial interest7 Name of registered shareholder(s) 8 State the nature of the transaction and, if more than one, number of shares held by each of them Acquisition of Ordinary Shares Gautam Sashittal9 Number of shares, debentures or 10 Percentage of issued class acquired financial instruments relating to (treasury shares of that class should not shares acquired be taken into account when calculating percentage) 2,000 0.00.%11 Number of shares, debentures or 12 Percentage of issued class disposed financial instruments relating to (treasury shares of that class should not shares disposed be taken into account when calculating percentage) N/A N/A13 Price per share or value of 14 Date and place of transaction transaction 14 November 2006, London 162.90p per share15 Total holding following notification 16 Date issuer informed of transaction and total percentage holding following notification (any treasury 15 November 2006 shares should not be taken into account when calculating percentage) 2,000 Ordinary Shares 0.00.% If a person discharging managerial responsibilities has been granted options bythe issuer, complete the following boxes: 17 Date of grant 18 Period during which or date on which it can be exercised N/A19 Total amount paid (if any) for grant 20 Description of shares or debentures involved of the option (class and number)21 Exercise price (if fixed at time of 22 Total number of shares or debentures over grant) or indication that the price which options are held following is to be fixed at the time of notification exercise23 Any additional information 24 Name of contact and telephone number for queries Alex Ridout + 971 4 305 3651 Name and signature of duly designated officer of issuer responsible for making notification __________Alex Ridout___________________ Date of notification _________16 November 2006__________________________ This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange This information is provided by RNS The company news service from the London Stock Exchange

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