J.P. Morgan Chase meldet 5.01% Dragon Oil

A letter from JP Morgan Securities Ltd., 124 London Wall, London, EC2Y 5AJ, dated 16 September 2005 received by Dragon on 2 October 2005, addressed to Dragon Oil Plc.


On behalf of J.P. Morgan Chase & Co. ('JPMCC') of 270 Park Avenue, New York, NY 10017, we would like to advise that
JPMCC has increased its total aggregate holding in the share capital of Dragon Oil plc (to) 5.01%.

Total number of shares (% of share capital): 25,247,350 (5.01%).


For and on behalf of
JP Morgan Securities Ltd and J.P. Morgan Chase & Co.
Gapsun Rhee
EMEA Surveillance


This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange.