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Holding(s) in Company

21st Aug 2007 10:15

Premier Oil PLC21 August 2007 TR-1: notification of major interests in shares 1. Identity of the issuer or the Premier Oil PLCunderlying issuer of existing shares towhich voting rights are attached 2. Reason for the notification (please tick the appropriate box orboxes) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments which may result inthe acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): Under Transitional Provisions 3. Full name of person(s) subject to the Bear, Stearns International notification obligation: Trading Limited 4. Full name of shareholder(s) (if -----different from 3.): 5. Date of the transaction (and date on 17/08/2007which the threshold is crossed or reached if different: 6. Date on which issuer notified: 20/08/2007 7. Threshold(s) that is/are crossed or Under 3%reached: 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transactionif possibleusing the ISIN Number of Number of Number of Number of voting % of votingCODE Shares Voting shares rights rights Rights Direct Direct Indirect Direct IndirectGB0033560011 2,687,519 2,687,519 2,223,854 2,223,854 2.710% B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration Exercise/ Conversion Number of voting rights % of votinginstrument date Period/ Date that may be acquired if rights the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 2,223,854 2.710% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional Current Total Voting Rights: 82,051,548 Ordinaryinformation: Shares of 50 pence 14. Contact name: Heather Garratt 15. Contact telephonenumber: 0207 730 1111 This information is provided by RNS The company news service from the London Stock Exchange

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