Purchase of Shares - Replacement

16 July 2010

FORTUNE OIL PLC

("Fortune Oil" or the "Company")

CORRECTION - NUMBER OF SHARES WHICH MS LI CHING

HAS AN INTEREST

Correction - the number of shares of Ms Li Ching in the announcement RNS 4826P issued at 12:03pm was incorrect and it should read 20,394,914, not 19,752,058. Please find a revised statement below reflecting this change.

In regard to the announcement issued on 1 June 2010 regarding the purchase of Fortune Oil PLC ordinary shares ("Ordinary Shares") by Ms Li Ching, an Executive Director of the Company, it has been determined today that a further 30,000 Ordinary Shares were purchased on 2 June 2010 at 6.55p each by the brokers acting for Ms Li Ching but the notification of the completion of purchase was mislaid. 

As a result, Ms Li has an interest in a total of 20,394,914 Ordinary Shares, representing 1.03% of the issued share capital of the Company, of which 1,420,000 shares are held in a nominee account and she has a beneficial interest.

This notification is made in accordance with DTR 3.1.4R(1)(a) and (c) of the Disclosure Rules and Transparency Rules.

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