Director/PDMR Shareholding

Europa Oil & Gas (Holdings) plc                        

                          ("Europa" or the "Company")                          

                            Director Shareholdings                             

The Company was notified on 7 April 2008 that on 4 April 2008, the Sherborne
Trust (the "Trust"), which Mr. William Ahlefeldt-Laurvig (a non-executive
director of the Company) was a beneficiary of, has been wound up. The Trust
held 23,252,442 ordinary shares in the capital of the Company ("Ordinary
Shares") and 278,000 warrants (which expired on 11 November 2007) to subscribe
to 1 new Ordinary Share each ("Warrants").

Of the 23,252,442 Ordinary Shares, 5,993,556 were transferred to a member of
Mr. Ahlefeldt-Laurvig's immediate family for a consideration of 18p per share.
The remaining 17,258,886 Ordinary Shares and 278,000 Warrants have been
distributed into direct ownership of Mr. Ahlefeldt-Laurvig and a member of his
immediate family for nil consideration. Mr. Ahlefeldt-Laurvig's interest in the
Company remains unchanged following the winding up of the Trust at 37.2 per
cent. of the Company's issued share capital and total voting rights.

In addition, an unsecured, non-convertible loan of approximately EUR 650,000,
made by the Trust to the Company has been transferred to Mr. Ahlefeldt-Laurvig
and his immediate family.

ENDS

For further information contact:

Paul Barrett, Managing Director, Europa Oil & Gas [phone]

Jonathan Wright or Parimal Kumar, Seymour Pierce [phone]