Stmnt re Share Price Movement

Enterprise Oil PLC
8 January 2002


                              Enterprise Oil plc


                   Statement Regarding Share Price Movement

The Board of Enterprise Oil plc (the 'Company') notes the recent movement in
the Company's share price. The Board confirms that it has recently received an
unsolicited approach from a third party regarding a possible offer for the
Company, which has been rejected.


Ends.


For further information, please contact:
Patrick d'Ancona, Head of Public Relations                   020 7925 4160