Director/PDMR Shareholding

16 December 2011

Bowleven plc ("Bowleven" or the "Company")

DIRECTOR SHARE DEALINGS

Further to the Company's announcement on 13 December 2011, the Directors of Bowleven have sold 1,084,323 shares at an average price of 65.5591 pence per share.

Following this sale the directors' resultant beneficial interests in shares in the Company is as announced on 13 December 2011.

The Company's Employee Benefit Trust ("EBT") has purchased 180,951 shares in the Company at a price of 64.5922 pence per share. As a result the EBT now holds 180,951 shares in the Company.

ENQUIRIES

For further information please contact:

Bowleven plc

Kevin Hart, Chief Executive 00 44 131 524 5678

Peter Wilson, Company Secretary

Brunswick Group LLP

Patrick Handley 00 44 207 404 5959

Natalia Erikssen

BofA Merrill Lynch (NOMAD)

Derek Ross 00 44 207 628 1000

Tony White

NOTES In accordance with AIM Rule 20, the Company confirms that its Annual Report and Accounts for the year ended 30 June 2011 has been sent to shareholders. Copiesare available, free of charge, from Bowleven's registered office, 1 North St Andrew Lane, Edinburgh, EH2 1HX for a period of one month or can be obtained from Bowleven's website at www.bowleven.com