24 January 2012 Mediterranean Oil & Gas Plc ("the Company") Director Dealings

The Company (AIM: MOG) has been informed that Miles Donnelly, Non-executive director, and related parties, have on 23 January 2012, purchased in aggregate 225,000 ordinary shares of the Company of 0.01 pence at a price of 5.3 pence per share for a total consideration of £11,925. These shares were acquired as follows:
1. 140,000 shares by Contessa Properties Limited;
2. 60,000 shares in the name of Miles Saumarez Donnelly, as legal and beneficial holder; and
3. 25,000 shares in the name of Isabel Fiona Galer Donnelly, as the legal and beneficial holder.
Following the purchases of the shares, the total number of shares in the Company held by Mr
Donnelly and related parties is 18,456,667, representing 4.3% of the total issued share capital.
Mr Donnelly also holds 1,000,000 options to subscribe for ordinary shares in the Company at an exercise price of 6 pence that expire on 19 January 2022.

ENQUIRIES: Mediterranean Oil & Gas Plc www.medoilgas.com Mediterranean Oil & Gas Plc

Keith Henry, Chairman Tel: +44 7860 499 628
Sergio Morandi, CEO Tel: +39 06 99589179
Chris Kelsall, Finance Director Tel: +44 789 1040 658

Panmure Gordon

Katherine Roe Tel: +44 (0)207 459 3600
Brett Jacobs

GMP Securities Europe LLP

Nick Morgan Tel: +44 (0)207 647 2800

Pelham Bell Pottinger

Archie Berens Tel: +44 (0)207 861 3112 / (0)7802 442 486

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24 January 2012 - Director Dealings