PMO.L Regulatory News (PMO)

PREMIER OIL PLC(the "Company", "Premier")

Listing Application

Application has been made by the Company to the Financial Conduct Authority and the London Stock Exchange for a total of 326,997 Ordinary Shares of 12.5p each (the "Shares") to be admitted to the Official List.

Admission of the Shares is expected on 8 January 2018.

The Shares have been allotted pursuant to the exercise of conversion rights by a bondholder in respect of the 2.5% Guaranteed Convertible Bonds due 2022, with a total aggregate principal amount of US$300,000.

These Shares will rank pari passu with the existing Ordinary Shares.

For further information please contact:

Daniel Rose

Premier Oil plc

0207 730 1111

5 January 2018