Regulatory News

9th January 2013

Mediterranean Oil & Gas Plc

("the Company")

Director Dealings

The Company (AIM: MOG) was informed on 8 January 2013 that:

·     William Higgs, Chief Executive, has on 8 January 2013 purchased on-market 200,000 ordinary shares of the Company of 0.01 pence at a price of 10.15 pence per share for a total consideration of £20,298.  These shares were acquired in the name of William George Higgs, as the legal and beneficial holder, and 

·     Keith Henry, Chairman, has on 8 January purchased on-market 250,000 ordinary shares of 0.01 pence at a price of 10.22 pence per share for a total consideration of £25,550.  These shares were acquired in the name of Keith Nicholas Henry, as the legal and beneficial holder. 

Following the purchases of the shares, the total number of shares in the Company held by Mr Higgs is 200,000 and Mr Henry's total shareholding is 1,250,000 shares, representing 0.05% of the total issued share capital and 0.29% of the total issued share capital respectively.

Mr Higgs also holds 6,000,000 options to subscribe for ordinary shares in the Company at an exercise price of 6 pence that expire on 19 January 2022. Mr Henry also holds 2,000,000 options to subscribe for ordinary shares in the Company at an exercise price of 6 pence that expire on 19 January 2022.

ENQUIRIES:

Mediterranean Oil & Gas Plc

www.medoilgas.com

Bill Higgs, Chief Executive/Chris Kelsall, Finance Director                         Tel: +44 (0)203 178 5806

Liberum Capital Limited (Nominated Adviser and Broker)

Clayton Bush/Ryan de Franck                                                                      Tel: +44 (0)20 3100 2222

FTI Consulting (Public Relations)                                   

Billy Clegg/Alex Beagley/Georgia Mann                                                        Tel: +44 (0)207 831 3113