Board Change

PREMIER OIL plc

("Premier" or "the Company")

Board Change

16 January 2014

Premier announces that Neil Hawkings has been appointed with immediate effect to the role of Director, Falkland Islands, in order to oversee the execution of the Sea Lion development project.

Garry Stoker has been promoted to the Executive Committee in the role of Group Development and Operations Manager to take over Neil's previous functional responsibilities. Garry joined Premier in 2013 as the Group Production Assets Manager following various Operations and Development roles with Tullow plc, BG Group and Centrica plc in the UK, Ghana, India, and Tunisia.

Simon Lockett, Chief Executive Officer, commented:

"Neil's transfer to the Falkland Islands Business Unit recognises the importance of the Sea Lion project to the company. I welcome Garry on to the Executive Committee in his broadened role where he will bring a wealth of experience to the team."

Enquiries

Premier Oil plc 020 7730 1111

Simon Lockett

Tony Durrant

Bell Pottinger 020 7861 3232

Gavin Davis

Henry Lerwill