ADRIATIC OIL PLC: Director's Dealing

12 March 2013 


                               Adriatic Oil Plc                                
                       ("Adriatic Oil" or the "Company")                       
                              Director's Dealing                               

The Company announces that it was notified on 11 March 2013 that Bruno Müller,
the Company's Chief Executive Officer purchased 50,000 ordinary shares of 0.5 p
each in the capital of the Company ("Ordinary Shares") on 8 March 2013 and a
further 60,000 Ordinary Shares on 11 March 2013. The Company was today notified
that Mr Müller has today purchased a further 50,000 Ordinary Shares. All of Mr
Müller's aforementioned purchases of Ordinary Shares took place at a purchase
price of 1.3 p per Ordinary Share.

Mr Müller and his family members and connected parties (as defined in the ISDX
Growth Market Rules for Issuers) now hold a combined interest in 58,621,260
Ordinary Shares (representing 58,621,260 voting rights), which represents
17.95% of the voting rights in the issued ordinary share capital of the
Company. The aforementioned 58,621,260 Ordinary Shares include 5,658,604
Ordinary Shares held by Costabella SA, which is a connected person to Bruno
Müller under the ISDX Growth Market Rules for Issuers. The aforementioned
58,621,260 Ordinary Shares also include 5,258,067 Ordinary Shares held by
Kathrin HA Müller, 3,505,378 Ordinary Shares held by Jane FX Müller and
3,505,378 Ordinary Shares held by Steven FC Müller, who are all members of
Bruno Müller's family (as defined in the ISDX Growth Market Rules for 
Issuers).

THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS

ANNOUNCEMENT
                                   --ENDS--                                    

Enquiries:

ADRIATIC OIL PLC
Bruno Müller
+44 (0) 20 3178 4060

SVS SECURITIES PLC - ISDX Corporate Adviser
Peter Ward / Alexander Brearley
+44 (0)20 7638 5600

YELLOW JERSEY PR LIMITED - Financial PR
Dominic Barretto / Anna Legge
+44 (0) 20 3664 4087

NOTES TO EDITORS:

Adriatic Oil Plc is a publicly quoted UK-incorporated international oil and gas
exploration company with a portfolio of activities focused on the North Celtic
Sea, the UK North Sea and the Adriatic Sea Basin.

In the North Celtic Sea, the Company has agreed with Fastnet Oil & Gas plc to
farm-out 64.5% of its original 80% interest in a Licensing Option which covers
an area of 881 sq. km. Following execution of the Farm-in Agreements, the
Company will hold 15.5% of the Licensing Option. The Company has a second small
carried interest in offshore Western Ireland.

Separately, in the Inner Moray Firth area of the UK's North Sea, Adriatic Oil
has secured a 25% Farm-In, approved by the UK Department of Energy and Climate
Change, to Seaward Production Licence P1921 in relation to Blocks 12/18 and 12/
19c and the Company has an option for a further 25%.

Adriatic Oil is also focused on making and progressing applications for
offshore exploration opportunities in Albania, which holds the largest onshore
oilfield ever found in Europe with 5.7 billion barrels of oil in place.

Adriatic Oil's strategy is to add shareholder value by proving and developing
leads and plays in areas which the Directors of the Company consider to be high
potential oil and gas provinces. Adriatic Oil's ordinary shares are quoted on
the ISDX Growth Market (operated by ICAP Securities & Derivatives Exchange
Limited) under the ticker symbol 'ADOP'. The Company's website is available at 
www.adriaticoil.com

END

-0- Mar/12/2013 12:12 GMT


 
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