Cadogan Regulatory News (CAD)

25 May 2011 09:43

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). Cadogan Petroleum plc (i)

3. Name of person discharging 4. State whether notification relates

managerial to a person responsibilities/director connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person Gordon Stein N/A

5. Indicate whether the notification 6. Description of shares (including

is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 above or financial instruments relating or in respect of a nonbeneficial to shares interest 1 own holding Ordinary shares of 3p

7. Name of registered shareholders(s) 8. State the nature of the

and, if more than one, the number transaction of shares held by each of them N/A Purchase

9. Number of shares, debentures or 10. Percentage of issued class

financial acquired (treasury shares of that class should not be taken into instruments relating to shares account when calculating acquired percentage) 68,685

11. Number of shares, debentures or 12. Percentage of issued class

financial disposed (treasury shares of that class should not be taken into instruments relating to shares account when calculating disposed percentage)

13. Price per share or value of 14. Date and place of transaction transaction 43p 24 May 2011 15. Total holding following 16. Date issuer informed of

notification and total percentage transaction holding following notification (any treasury shares should not be taken into account when calculating percentage) 193,685 (

19. Total amount paid (if any) for 20. Description of shares or grant of the option debentures involved (class and number) 21. Exercise price (if fixed at time 22. Total number of shares or

of grant) or debentures over which options held following notification indication that price is to be fixed at the time of exercise

23. Any additional information 24. Name of contact and telephone number for queries Name of authorised official of issuer responsible for making notification SE Bort, Company Secretary Date of notification ____25 May 2011

Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.