RNS Number:6992N
Premier Oil PLC
18 July 2003


PREMIER OIL PLC



Date : 18 July 2003




On 17 July 2003, Premier Oil plc ("Premier") was informed that the Trustees of
the Premier Oil plc Employee Benefit Trust (the "Trust") had acquired, on that
day, 9,400,000 Ordinary shares of 17.5 pence each in Premier at a price of 32
pence per share. The shares were acquired for use both in connection with the
Premier Oil plc Executive Equity and Asset Incentive Scheme (the "Scheme") and
Premier employee share schemes. As beneficiaries of the Trust and participants
in the Scheme and the Premier employee share schemes, all Executive Directors
and certain employees have an interest in the shares for the purposes of Section
324 of the Companies Act 1985.






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

END
RDSNKOKQOBKDCOD