Director/PDMR Shareholding

RNS Number : 5433C

Cadogan Petroleum PLC

02 September 2008

CADOGAN PETROLEUM PLC

2 September 2008

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.	Name of the issuer CADOGAN PETROLEUM plc	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). NOTIFICATION IN ACCORDANCE WITH DTR 3.1.2 R

3.	Name of person discharging managerial responsibilities/director MARK TOLLEY - DIRECTOR	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person NOTIFICATION RELATES TO DIRECTOR

5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial interest 1 NOTIFICATION RELATES TO THE HOLDING OF THE PERSON NAMED ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF 3P EACH

7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them MARKSMAN INTERNATIONAL LIMITED	8.	State the nature of the transaction ACQUISITION OF SHARES

9.	Number of shares, debentures or financial instruments relating to shares acquired 194,000	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.084%

11.	Number of shares, debentures or financial instruments relating to shares disposed	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

13.	Price per share or value of transaction £1.02424	14.	Date and place of transaction 1 SEPTEMBER 2008

15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 2,865,687	16.	Date issuer informed of transaction 1 SEPTEMBER 2008

If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

17.	Date of grant	18.	Period during which or date on which exercisable

19.	Total amount paid (if any) for grant of the option	20.	Description of shares or debentures involved (class and number)

21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification

23.	Any additional information	24.	Name of contact and telephone number for queries Cathy De Feo 0207 811 5937