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Holding(s) in Company

14th Mar 2007 14:56

Premier Oil PLC14 March 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Premier Oil plc 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights: NO An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: NO An event changing the breakdown of voting rights: NO Other: Transitional Provision Notification 3. Full name of person(s) subject to the notification obligation (iii): Bear, Stearns International Trading Limited 4. Full name of shareholder(s) (if different from 3.) (iv): As above. 5. Date of the transaction and date on which the threshold is crossed or reached(v): N/A 6. Date on which issuer notified: 13 March 2007 7. Threshold(s) that is/are crossed or reached: Above 3%. 8. Notified details: A: Voting rights attached to shares Situation previous to the Triggering transaction (vi) Class/type of shares if possible using Number of Number of Voting Rightsthe ISIN CODE shares (viii)Ordinary GB0033560011 N/A N/A Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of Voting % of Votingpossible using the ISIN CODE shares Rights (ix) Rights Ordinary Direct Direct (x) Indirect Direct Indirect (xi)GB0033560011 N/A 2,717,723 3.316% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument (xiii) Period/ Date exercised/ converted. rights (xiv) N/A Total (A+B) Number of Voting Rights % of Voting Rights 2,717,723 3.316% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): N/A Proxy Voting: 10. Name of the proxy holder: N/A 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 information: 14. Contact name: 15. Contact telephone number: Annex to Notification Of Major Interests In Shares (XVI) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): Premier Oil plc Contact address (registered office for legal entities): 23 Lower BelgraveStreet, London, SW1W 0NR Phone number: 0207 730 1111 Other useful information (at least legal representative for legal persons): B: Identity of the notifier, if applicable (xvii) Full name: Heather Garratt, Deputy Company Secretary Contact address: 23 Lower Belgrave Street, London, SW1W 0NR Phone number: 0207 730 1111 Other useful information (e.g. functional relationship with the person or legalentity subject to the notification obligation): C: Additional information : This information is provided by RNS The company news service from the London Stock Exchange

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