Providence Resources plc : Grant of Options

Providence Resources P.l.c. ("Providence" or the "Company")

Grant of Options

The Board announces that, on 2, July 2012, options over ordinary shares of €0.10 each in the capital of the Company ("Ordinary Shares") have been awarded to the following Directors and Company Secretary:

Director	Number of options over Ordinary Shares awarded	Exercise Price	Expiry Date	Total number of Ordinary Shares over which options are held
Tony O'Reilly	100,000	E6.13	2 July 2019	520,000
Philip O'Quigley	25,000	E6.13	2 July 2019	295,000
John O'Sullivan Brian Hillery James McCarthy Philip Nolan Lex Gamble	100,000 25,000 35,000 25,000 25,000	E6.13 E6.13 E6.13 E6.13 E6.13	2 July 2019 2 July 2019 2 July 2019 2 July 2019 2 July 2019	335,538 214,041 95,000 70,000 45,000
Company Secretary
Michael Graham	25,000	E6.13	2 July 2019	160,269

These options have been awarded in accordance within the terms of the 2009 Share Option scheme and the exercise price has been fixed at the closing price on the day of grant of the option.

The total options held by each director and the secretary, as detailed above, also include options held under the 2005 and the 1997 Share Option Schemes.

For further information please contact;

Michael Graham

Company Secretary

[phone]

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Source: Providence Resources plc via Thomson Reuters ONE

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