Director/PDMR Shareholding

Europa Oil and Gas (Holdings) plc                       

                          ("Europa" or "the Company")                          

                                  24 May 2011                                  

                              Director's dealings                              

Europa received notification today that William Ahlefeldt-Laurvig
(non-executive director of Europa) yesterday purchased a total of 250,000
ordinary shares of the Company at 22.25p per share.

Mr Ahlefeldt-Laurvig is consequently interested in 25,502,442 ordinary shares
of the Company, representing 22.4% of the Company's issued ordinary share
capital.

For further enquiries please contact:

Europa Oil & Gas                                                               
                                                                               
Philip Greenhalgh / Paul Barrett        Tel: [phone]                  
                                                                               
finnCap                                                                        
                                                                               
Sarah Wharry, Corporate Finance         Tel: [phone]                  
                                                                               
Henrik Persson, Corporate Finance       Tel: [phone]                  
                                                                               
Joanna Weaving, Corporate Broking       Tel: [phone]