Re: Holding in Company

RNS Number:6707U
Dragon Oil PLC
27 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Dragon Oil plc



2. Name of shareholder having a major interest


Emirates National Oil Co Ltd (ENOC)LLC



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18


Shareholder named in 2 above



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


Shareholder named in 2 above (All)



5. Number of shares / amount of stock acquired


None



6. Percentage of issued class


n/a



7. Number of shares / amount of stock disposed


None



8. Percentage of issued class


n/a



9. Class of security


Ordinary shares of EUR 0.10



10. Date of transaction


26 Januray 2004






11. Date company informed


26 January 2004



12. Total holding following this notification


241,413,649



13. Total percentage holding of issued class following this notification


59.79%



14. Any additional information


The notifiable interest of Emirates National Oil Co Ltd (ENOC) LLC has reduced from 60.088% to 59.79% further to
admissions to listing on 26 January 2004 of shares already alloted.  There has been no transaction in shares.



15. Name of contact and telephone number for queries


Ian Philliskirk

Company Secretary

+ 971 4 313 4131



Fergal Meegan

Davy Corporate Finance Limited

+ 353 1 679 6363





16. Name and signature of authorised company official responsible for making
this notification


Ian Philliskirk

Company Secretary



Date of notification


26 January 2004







This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.












                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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