TULLOW OIL PLC

Director's Dealing • May 3, 2017

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RNS Number : 0876E

Tullow Oil PLC

03 May 2017

NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Brian Williams
2	Reason for the notification
a)	Position/status	VP, Corporate Finance
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tullow Oil plc
b)	LEI	2138003EYHWO75RKS857
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	(1), (2) Nil-paid shares of 10p each with an issue price of 130p (3) Ordinary shares of 10p each. (1), (2) GB00BF0BYM74 (3) GB0001500809
b)	Nature of the transaction	(1) Sale of nil-paid rights granted in relation to Tullow Oil plc 25 for 49 rights issue (2) Take up of rights in relation to Tullow Oil plc 25 for 49 rights issue (3) Purchase of ordinary shares in Tullow Oil plc
c)	Price(s) and volume(s)	Price(s) (1) £0.845 (2) £1.30 (3) £2.0934	Volume(s) (1) 8,406 (2) 5,463 (3) 317
d)	Aggregated information - Aggregated volume - Price	As per 4(c) above (1) £7,103.07 (2) £7,101.90 (3) £663.61
e)	Date of the transaction	(1) 19 April 2017 (2) 24 April 2017 (3) 28 April 2017
f)	Place of the transaction	London Stock Exchange (XLON)

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