Notification of Interest in Shares

Europa Oil & Gas plc / Index: AIM / Epic: EOG / Sector: Oil & Gas 27 January 2014 Europa Oil & Gas (Holdings) plc (`Europa' or `the Company') Notification of Interest in Shares Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration anddevelopment company with a combination of producing and exploration assets inEurope, has received notification pursuant to the Financial Conduct Authority'sDisclosure and Transparency Rules that, following the completion of the OpenOffer and the resultant increase in the Company's total number of ordinaryshares to 204,883,024 as announced on 20 January 2014, the beneficial interestsof the Board members listed below are as follows: Director Open Offer Open Offer Resultant % of Enlarged Shares Applied Shares shareholding Share Capital for acquired Hugh Mackay 1,666,666 934,179* 1,795,003 0.88% Roderick Corrie 571,006 309,974* 413,470 0.20% * As a consequence of the Open Offer being over-subscribed, all applicationsmade via the Excess Application Facility, including those by Directors, werescaled back by 34.4%. The applications of individual Shareholders holding theirordinary shares in nominee arrangements may have been scaled back by adiffering factor, arising from the allocation and application methods adoptedinternally by the various nominee companies, over which the Company has nocontrol or influence. The overall entitlements of these nominees, if not of theindividual holders within such arrangements, under the Excess ApplicationFacility will have been scaled back by the same factor as all otherShareholders. **ENDS** For further information please visit www.europaoil.com or contact: Hugh Mackay Europa + 44 (0) 20 7224 3770 Phil Greenhalgh Europa + 44 (0) 20 7224 3770 Matt Goode finnCap Ltd +44 (0) 20 7220 0500 Henrik Persson finnCap Ltd +44 (0) 20 7220 0500 Frank Buhagiar St Brides Media and Finance Ltd +44 (0) 20 7236 1177 Lottie Brocklehurst St Brides Media and Finance Ltd +44 (0) 20 7236 1177 Notes Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stagehydrocarbon assets that includes production, exploration and developmentinterests, in countries that are politically stable, have transparent licensingprocesses, and offer attractive terms. The Company produced 182 boepd in the UKduring the 2012/2013 financial year, generating sufficient revenues to covercorporate overheads. Its highly prospective exploration projects include theWressle prospect in the UK where a well is due to be drilled later in the nearterm; 100% owned gas exploration prospect (416 bcf) and appraisal project (CPR277 bcf) in onshore France; and a joint venture with leading independent Kosmosto explore two licences in offshore Ireland in which Europa has identified twoprospects with estimated gross mean un-risked indicative resources of 482million barrels oil and 1.6 billion barrels oil respectively.