Dragon Seeks Admittance to Official Lists

Dragon Oil plc said Tuesday that application has been made to the Irish Stock Exchange and to the UK Listing Authority for 250,000 Ordinary Shares of Nominal Value €0.10 each in the capital of Dragon Oil plc, to be admitted to the Official List of the UK Listing Authority and to the Official List of the Irish Stock Exchange.

Application has also been made to the London Stock Exchange and the Irish Stock Exchange for these shares to be admitted to trading. Such Admission is expected to become effective and dealings to commence in these shares on 25 June 2007. These shares have been issued pursuant to the exercise of share options in accordance with the Company's Share Option Scheme 2002.