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Holding(s) in Company

16th Apr 2008 15:09

Premier Oil PLC16 April 2008 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached Premier Oil plc 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):___________________________________________ 3. Full name of person(s) subject to the notification obligation: Bear, Stearns International Trading Limited 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which the threshold is crossed or reached if different: 14/03/2008 6. Date on which issuer notified: 16/04/2008 7. Threshold(s) that is/are crossed or reached: Over 3% 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transaction if possible Number of Number of Number of Number of voting % of voting rightsusing the ISIN Shares Voting shares rightsCODE Rights Direct Direct Indirect Direct Indirect GB0033560011 552,847 552,847 2,552,847 2,552,847 3.109% 3.109% B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 2,552,847 3.109% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 information:14. Contact name: Jane Powney15. Contact telephone number: 020 7730 1111 Annex Notification Of Major Interests In Shares A: Identity of the person or legal entity subject to the notification obligationFull name (including legal form for legal entities) Bear, Stearns International Trading LimitedContact address (registered office for legal entities) One Canada Square, London E14 5AD Phone number 020 7516 5805Other useful information (at least legal representativefor legal persons) B: Identity of the notifier, if applicableFull nameContact addressPhone numberOther useful information (e.g. functional relationshipwith the person or legal entity subject to thenotification obligation) C: Additional information This information is provided by RNS The company news service from the London Stock Exchange

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