Director Shareholding

Enterprise Oil PLC
1 June 2001

Announcement Body Information:

SHARE OPTION EXERCISES BY EMPLOYEES

We have today been notified by the Trustee of the Enterprise Oil Employee
Worldwide Benefit Trust, of a transfer out of the trust on 1 June 2001 of
7,952 ordinary shares in the capital of the company following the exercise of
share options by an employee. The shares were sold today by the employee
following exercise of the options at a price of 624p.

The Directors, A R Armour, I G Craig, Sir Graham Hearne, P H Jungels, A B
Shilston and K P Watts, are potential beneficiaries of the Trust (together
with all other employee share option holders) and are therefore treated under
the Companies Act 1985 as having a deemed interest in the total number of
shares held by the Trust. As a result, the Directors' deemed interests in the
Trust have been reduced by the above-noted number of shares disposed of.

For the avoidance of doubt, the Company confirms that this notification does
not relate to an actual dealing in the Company's securities by the above-noted
Directors whose beneficial interests in the Company remain unchanged
notwithstanding the above events.