RNS Number:4956P
Dragon Oil PLC
08 September 2003



Dragon Oil Plc



08 September 2003


Re: Holding in Company


A Letter from Gartmore Investment Management Plc dated the 21 August 2003 to
Dragon Oil Plc.


We write to inform you that we are currently aware of an interest in 18,119,144
Ordinary Shares in Dragon Oil Plc, representing 4.99% of the voting rights.

As a result, we no longer hold a reportable interest in this company.


For and on behalf of
Gartmore Invesmtent Mangement plc

Alan Buddles
Head of Restrictions & Disclosures Unit




This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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