Total Voting Rights and Warrant Update

PREMIER OIL PLC(the "Company")

Total Voting Rights and Warrant Update

As at 31 March 2019, Premier Oil plc's issued share capital consisted of 821,641,042 Ordinary Shares of 12.5 pence with voting rights. Premier Oil plc does not hold any shares in Treasury.

The figure of 821,641,042 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Premier Oil plc under the FCA's Disclosure and Transparency Rules.

To date, the Company has allotted 29,077,445 Ordinary Shares as a result of the exercise of equity warrants, representing 3.54 per cent of the Company's enlarged share capital.

As at 31 March 2019, 13,832,204 warrants have been exercised on a cashless basis and a further 25,009,135 warrants have been exercised in cash.

For further information please contact:

Philip Ryan

Premier Oil plc

020 78241150

1 April 2019