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Holding in Company

21st Jul 2008 10:39

RNS Number : 4941Z
Dragon Oil PLC
21 July 2008
 



21st July 2008

PRESS RELEASE

Dragon Oil Plc ("Dragon Oil")

HOLDING IN COMPANY

The following is a copy of a letter received on 18th July 2008 from Artio Global Investors LLC (formerly Julius Baer Investment Management LLC), 330 Madison Avenue, New York, NY 10017, United States of America, dated 16th July 2008.

We would like to advise you in accordance with the Transparency (Directive 2004/109/EC) Regulations 2007 (the "Regulations") that we have decreased our notifiable interest in Dragon Oil plc.

In compliance with the provisions of Part 5 of the Regulations, our interest consists of 50,108,891 shares in Dragon Oil plc representing a total of 9.81% of the voting rights of Dragon Oil plc.

For and on behalf of

Artio Global Investors LLC (Formerly Julius Baer Investment Management LLC)

Donald Delano

Chief Compliance Officer

Ends

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
 
END
 
 
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