Publication of Final Terms

25 November 2013

The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, Guernsey and the Isle of Man. Neither this announcement nor any copy of it may be taken or transmitted into the United States, Australia, Canada, Japan or the Republic of Ireland or to a resident, national or citizen of the United States, Australia, Canada, Japan or the Republic of Ireland. The Bonds may only be sold in Jersey in compliance with the provisions of the Control of Borrowing (Jersey) Order 1958 and the Financial Services (Jersey) Law 1998.

PREMIER OIL PLCPublication of Final Terms

Premier Oil plc publishes the following Final Terms relating to its proposed offer of Sterling Bonds under its £500,000,000 Euro Medium Term Note Programme:

http://www.rns-pdf.londonstockexchange.com/rns/7909T_-2013-11-24.pdf

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For further information, please see Premier's website: www.premier-oil.com/bonds 

For media enquiries please contact:

IMPORTANT INFORMATION

The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase, any Bonds. Any purchase of Bonds pursuant to the offer should only be made on the basis of the information contained in the base prospectus dated 18 November 2013 which relates to Premier Oil plc's £500,000,000 Euro Medium Term Note Programme (the "Prospectus") and the final terms relating to the Bonds (the "Final Terms"). The Prospectus and the Final Terms will be made available at the website of Premier Oil plc above and the website of the London Stock Exchange plc (www.londonstockexchange.com/newissues).

The Bonds have not been and will not be registered under the United States Securities Act of 1933 (as amended) (the "Securities Act") and, subject to certain exceptions, may not be offered or sold within the United States. The Bonds are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act.