9th Jun 2008 14:25
9th June 2008
PRESS RELEASE
DRAGON OIL plc
Dragon Oil Plc ("Dragon Oil")
HOLDING IN COMPANY
The following is a copy of a letter received on 8th June 2008 from Julius Baer Investment Management LLC, 330 Madison Avenue, New York, NY 10017, United States of America, dated 5th June 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 56,137,723 shares in Dragon Oil plc representing a total of 10.99% of the voting rights of Dragon Oil plc.
For and on behalf of
Julius Baer Investment Management LLC
Donald Delano
Chief Compliance Officer
Ends
Related Shares:
DGO.L