Regulatory News

1.         Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached

 

Dragon Oil plc

2.         Reason for the notification (please tick the appropriate box or boxes):

[x]      an acquisition or disposal of voting rights

[ ]      an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

[ ]      an event changing the breakdown of voting rights

3.         Full name of person(s) subject to the notification obligation:

Artio Global Management LLC

 

4.         Full name of shareholder(s) (if different from 3.):

5.         Date of the transaction and date on which the threshold is crossed or reached

                        28 June 2010

6.         Date on which issuer notified: 1 July 2010

7.         Threshold(s) that is/are crossed or reached: 3%

8.         Notified details:

1.    

1.     1.    1.    

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting rights	Number of shares	Number of voting rights		% of voting rights
			Indirect*	Direct	Indirect	Direct	Indirect
IE0000590798	15.435.195	15.435.195	15.494.084		15.494.084		3,01%
SUBTOTAL A (based on aggregate voting rights)		15.435.195		15.494.084		3,01%

* Artio Global Management LLC acts as investment manager exercising proxy voting rights on behalf of independent beneficial owners.

B) Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration Date	Exercise/Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
		SUBTOTAL B (in relation to all expiration dates)

 

Total (A+B)	number of voting rights	% of voting rights
	15.494.084	3,01%

 

9.         Chain of controlled undertakings through which the voting rights and/or the financial instrumentsare effectively held, if applicable

Artio Global Management LLC acts as investment manager exercising proxy voting rights on behalf of independent beneficial owners.

 

10.       In case of proxy voting: Artio Global Management LLC will cease to hold 15.494.084 voting rights on termination of the relationship.

 

11.       Additional information:

Done at New York, USA on 1 July 2010.