DGO.L Regulatory News (DGO)

Dragon Oil plc ("Dragon Oil")

Transaction in Own Shares

Dragon Oil announces that on 29 June 2012 it purchased for cancellation 218,866 of its ordinary shares pursuant to the irrevocable arrangement (without Company discretion) that it entered into with Nomura International plc and J&E Davy. The highest price paid was 545.0 GB pence and the lowest price paid was 530.0 GB pence. Following the above purchase, Dragon Oil will have 505,294,376 ordinary shares in issue.

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Dragon Oil plc (+44 (0)20 7647 7804)

Anna Gavrilova

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Martin Jackson

Kate Lehane