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 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

(i)

3.

Name of person discharging managerial responsibilities/director

MR S C HUDDLE

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

MR S C HUDDLE

8.

State the nature of the transaction

ACQUISITION OF SHARES PURSUANT TO THE EXERCISE OF AN OPTION UNDER THE COMPANY'S SAVINGS RELATED SHARE OPTION SCHEME

9.

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

3,480

10.

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

0.00066%

11.

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

NIL

12.

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

NIL

13.

Price per share or value of transaction

£2.6050

14.

Date and place of transaction

03.06.2013

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: 1,401,374

Comprising

730,413 owned shares

15,079 deferred bonus shares

50,848 AEP deferred shares

127,120 AEP Matching Award shares

165,862 LTIP Performance Share Awards

116,896 LTIP Deferred Shares

188,452 LTIP Matching Award shares

6,704 SIP shares

Total percentage holding: 0.2649%

16.

Date issuer informed of transaction

04.06.2013

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

24.

Name of contact and telephone number for queries

H Kawan - 020 7730 1111

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

Date of notification 4 June 2013 H Kawan - Deputy Company Secretary