Total Voting Rights and Warrant Update

PREMIER OIL PLC(the "Company")

Total Voting Rights and Warrant Update

As at 31 December 2019, Premier Oil plc's issued share capital consisted of 831,536,079 Ordinary Shares of 12.5 pence with voting rights. Premier Oil plc does not hold any shares in Treasury.

The figure of 831,536,079 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 34,621,271 Ordinary Shares as a result of the exercise of equity warrants, representing 4.16% per cent of the Company's enlarged share capital.

As at 31 December 2019 15,851,312 warrants have been exercised on a cashless basis and a further 29,380,836, warrants have been exercised in cash.

For further information please contact:

Philip Ryan

Premier Oil plc

02078241150

2 January 2020