PMO.L Regulatory News (PMO)

1.

Name of the issuer

PREMIER OIL PLC

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 with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code

(i)

3.

Name of person discharging managerial responsibilities/director

MR R A ROSE

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1

PERSON NAMED IN 3

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 12.5P EACH

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

HARGREAVES LANSDOWN (NOMINEES) LIMITED

8.

State the nature of the transaction

PURCHASE OF ORDINARY SHARES

9.

Number of shares, debentures or financial instruments relating to shares acquired

15,000

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.000029%

11.

Number of shares, debentures or financial instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

15,000 SHARES AT £2.449893

14.

Date and place of transaction

13.11.2014

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Total holding: 16,208

Comprising

16,000 owned shares

208 SIP shares (includes Partnership and Matching Shares)

Total percentage holding: 0.000032%

16.

Date issuer informed of transaction

13.11.2014

17.

Date of grant

N/A

18.

Period during which or date on which it can be exercised

N/A

19.

Total amount paid (if any) for grant of the option

N/A

20.

Description of shares or debentures involved (class and number)

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22.

Total number of shares or debentures over which options held following notification

N/A

23.

Any additional information

N/A

24.

Name of contact and telephone number for queries

D Rose - 020 7730 1111

Name and signature of duly authorised officer of issuer responsible for making notification

Date of notification 14 November 2014 S C Huddle - Company Secretary