Director/PDMR Shareholding - Replacement

FORTUNE OIL PLC

("Fortune Oil" or "the Company")

Directors' Shareholdings - Correction

The number of shares of Ms LI Ching in the announcement RNS 1152J issued on 24 June 2011 was incorrect and it should read a total of 20,769,224, not 20,769,124, representing 1.045% of the issued share capital of the Company, of which, 1,420,000 shares are held in a nominee account and she has a beneficial interest.

This notification is made in accordance with DTR 3.14R(1) (a) and (c) of the Disclosure and Transparency Rules.

The corrected text of the original announcement is set out below.

FORTUNE OIL PLC

("Fortune Oil" or "the Company")

Directors' Shareholdings

Fortune Oil has been notified that Mr Frank Attwood and Ms Louisa Ho, Non-executive Directors of the Company have today purchased Company's shares ("Shares") at a price of 12.50 pence per share through the Company's Dividend Reinvestment Plan (DRIP) and their beneficial interests held are increased as follows:

In addition to the above, Ms Ho has 579,300 shares registered in her own name, representing 0.029% of the issued share capital of the Company.

On 20 June 2011, Fortune Oil announced that 374,310 shares were in the process of being transferred out of the Employee Benefit Trust to Ms LI Ching, an Executive Director of the Company.

Following completion of this transfer Ms LI now has a total of 20,769,224 shares, representing 1.045% of the issued share capital of the Company, of which, 1,420,000 shares are held in a nominee account and she has a beneficial interest.

These notifications are made in accordance with DTR 3.14R(1) (a) and (c) of the Disclosure and Transparency Rules.

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