Dragon Oil Regulatory News (DGO)

Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC

1.         Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Dragon Oil plc

2.         Reason for the notification (please tick the appropriate box or boxes):

[ ]       an acquisition or disposal of voting rights

[ ]       an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

[v]      an event changing the breakdown of voting rights

3.         Full name of person(s) subject to the notification obligation:

Emirates National Oil Company (ENOC) LLC

4.         Full name of shareholder(s) (if different from 3.): N/A

5.         Date of the transaction and date on which the threshold is crossed or reached:

            July 20, 2012

6.         Date on which issuer notified: July 24, 2012

7.         Threshold(s) that is/are crossed or reached: 53%

8.         Notified details:

9.         Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:  N/A

10.        In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date] N/A

11.        Additional information: N/A

Done at Dubai, U.A.E on July 24^th, 2012

Contact name: Uzair Aziz Dawood

Contact Tel.: 00971 4 313 4212