Notification of Interest in Shares

Europa Oil & Gas plc / Index: AIM / Epic: EOG / Sector: Oil & Gas 22 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 William Adamson 166,666 110,224* 685,224 0.33% Phil Greenhalgh 333,333 137,640* 387,640 0.19% William - - 25,502,442 12.45%Ahlefeldt-Laurvig * As a consequence of the Open Offer being over-subscribed, applications madeby the Directors via the Excess Application Facility were scaled back byapproximately 34.4 per cent. Hugh Mackay, CEO and Roderick Corrie, non-executive director, both applied forshares in the Open Offer and a separate announcement will be made once thefinal allocation of shares have been confirmed by their respective brokers. **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.