Transaction in Own Shares

Dragon Oil plc ("Dragon Oil")

Transaction in Own Shares

Dragon Oil announces that on 26 September 2012 it purchased for cancellation 285,206 of its ordinary shares pursuant to the irrevocable arrangement (without Company discretion) that it entered into with Nomura International plc and J&E Davy. The highest price paid was 600.00 GB pence and the lowest price paid was 595.00 GB pence. Following the above purchase, Dragon Oil will have 492,687,786 ordinary shares in issue.

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