29 August 2014

Dragon Oil plc. ("Dragon Oil" or the "Company")

Notice of dividend currency exchange rates - 2014 interim dividend

On 5 August 2014, Dragon Oil announced a 2014 interim dividend of 20 US cents per share. Shareholders (other than shareholders holding their shares within CREST) with registered addresses in the UK are to be paid their dividends in pounds sterling. Those with registered addresses in European countries, which have adopted the euro, are to be paid in euro. Shareholders with registered addresses in all other countries are to be paid in US dollars. Shareholders were, however, given the option to elect to be paid their dividends in a currency other than their default currency, and were given a choice of US dollars; euro or pounds sterling provided such election was received by the Company's registrars by 15 August 2014.

The exchange rate for the pound sterling or euro amounts payable was determined by reference to the exchange rates applicable to the US dollar on the closest practicable date, being 28 August 2014, to the dividend payment date.

The following table details the currency exchange rates applicable for the 2014 interim dividend:

Dividend 20 US cents per share

Exchange Rate

1 USD = 0.7552 EUR

1 USD = 0.6016GBP

The interim dividend is to be paid on 15 September 2014. The interim dividend is not subject to shareholder approval.


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