Richard Rose appointed Finance Director

PREMIER OIL PLC

("Premier" or "the Company")

Richard Rose appointed Finance Director of Premier Oil

28 July 2014

Premier is pleased to announce that Richard Rose will join Premier's Board as Finance Director on 8 September 2014.

Richard qualified as a chartered accountant with Ernst & Young and has spent over 20 years within the energy sector including 13 years working with a range of international banks.

After working at HSBC Investment Bank in the corporate finance division he joined Oriel Securities in 2002, becoming a Partner in Equity Research. At Oriel he was responsible for coverage of the E&P sector where he was the number one analyst in the Institutional UK Extel Mid & Small Survey for Oil & Gas Research for five years running.

In 2012 Richard joined RBC Capital Markets as a Managing Director where he advised a number of energy companies including Premier Oil. He joins the company from Ophir Energy where his current role encompasses Strategy and Head of Corporate Communications.

Richard has a BSc in Physics from Imperial College.

No other information is required to be disclosed pursuant to paragraph 9.6.13R of the FSA's Listing Rules.

Tony Durrant, CEO, commented:

"I am delighted to announce the appointment of Richard as Premier's Finance Director. Richard brings a wealth of knowledge and experience to the role, including his time as an advisor to the Company in his previous banking roles. I look forward to working with him as we build on the momentum of recent months and create additional value for our shareholders."