RNS Number:6782P
Premier Oil PLC
11 September 2003

Premier Oil plc ("the Company")

Application has been made to the London Stock Exchange and to the UK Listing
Authority for the listing of 83,243,074 Ordinary shares of 50p each, ranking
pari passu with the existing Ordinary shares, to the Official List.

80,057,441 shares are being issued in connection with the reduction of capital
and consolidation as detailed in the announcement dated 11 September 2003 (RNS
Number: 6753P).

The application to list the remaining 3,185,633 shares is being made to carry
forward unissued block listing shares. These shares will be allotted following
the exercise of options under the rules of the following schemes.

PCO Finance Limited 8% Convertible Capital Bonds                    2,121,212
1995 Share Option Scheme                                            1,064,421

Total                                                               3,185,633


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

LISSFDFMFSDSEDU