Director Shareholding

RNS Number:8540L
Premier Oil PLC
3 June 2003


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY
PREMIER OIL PLC


2)  NAME OF DIRECTOR
MR J A VAN DER WELLE


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 or in respect of an non-beneficial interest
2. ABOVE


4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)
PREMIER OIL UK EMPLOYEE BENEFIT TRUST


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)
N/A


6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary
COMPANY PURCHASE OF SECURITIES UNDER A 'SIP'


7)  Number of shares/amount of
    stock acquired
806


8)   (0.00005%)
    of issued Class



9)  Number of shares/amount
    of stock disposed
N/A


10)  ( N/A %)
    of issued Class



11) Class of security
ORDINARY


12) Price per share
#0.31P


13) Date of transaction
02.06.03


14) Date company informed
02.06.03


15) Total holding following this notification
1,137,379


16) Total percentage holding of issued class following this notification
0.07225%


     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant
 -


18) Period during which or date on which exercisable
 -


19) Total amount paid (if any) for grant of the option
 -


20) Description of shares or debentures involved: class, number.
 -


21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise
 -


22) Total number of shares or debentures over which options held
    following this notification
 -


23) Any additional information
SEE BELOW


24) Name of contact and telephone number for queries
MISS A HENRY - 020 7730 1111


25) Name and signature of authorised company official responsible for
    making this notification
S C HUDDLE

    Date of Notification                                 
3RD JUNE, 2003



ATTACHMENT TO SCHEDULE 11 FORM


Box 23 

Please note the 806 shares acquired are split as follows:-

403 Partnership Shares 
403 Matching Shares

and will be held in trust for a period of three years after which Mr van der
Welle may either retain the shares in the trust until he chooses to withdraw
them, or withdraw the shares from the trust and either hold the shares in his
name or sell them.

Should an employee leave the SIP scheme before the end of the three year period
he will lose the right to the shares, unless he leaves due to:-

Injury
Redundancy
TUPE transfer
Retirement
Death
Sale of the Company



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

END

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