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D1 Oils Plc (NEOS)

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Friday 27 July, 2007

D1 Oils Plc

Grant of Options and Shares

D1 Oils Plc
27 July 2007


27 July 2007


                                  D1 Oils plc
                      Grant of Options and Share Purchases

D1 Oils plc ('D1' or 'the Company') announces the following:

1. On 26 September 2006, the Board of D1 resolved to grant options, being a
grant in respect of his joining the Company, over 50,000 ordinary shares to Lord
Oxburgh of Liverpool, Non-Executive Chairman, on terms equivalent to the D1 Oils
share option plan, at an exercise price of one pence per share. Due to
restrictions imposed by the AIM Rules, this grant has been held over until
today.The options may be exercised at any time after the date of grant.

2. On 26 March 2007, the Board of D1 resolved to grant options, being the annual
options grant, over 487,500 ordinary shares to Elliott Mannis, Chief Executive
Officer, under the D1 Oils share option plan at an exercise price of 172.5p per
ordinary share, being the prevailing market price at that time. Due to
restrictions imposed by the AIM Rules, this grant has been held over until
today. The options will vest as follows: one third from 26 March 2008, and
thereafter one thirty sixth each month over the following 24 months. The options
will lapse on 26 March 2017.

This grant is in addition to 665,688 options previously granted to Mr Mannis,
bringing the total number of options granted to 1,153,188 options.

Mr Mannis also acquired 37,623 ordinary shares on 27 July 2007, at 172.5p per
ordinary share, being a re-investment of his entire 2007 annual bonus payment at
the prevailing share price on 26 March 2007, being the date the bonus was
awarded. This acquisition brings his total shareholding to 131,139 ordinary
shares representing 0.2% of the issued ordinary share capital of the Company.

3. On 25 May 2006, the Board of D1 resolved to grant options, being options
granted on appointment, over 22,727 ordinary shares to Richard Gudgeon, Group
Finance Director and Company Secretary, under the D1 Oils share option plan at
an exercise price of 264p per ordinary share, being the prevailing market price
at that time. Due to restrictions imposed by the AIM Rules, this grant has been
held over until today. The options will vest as follows: seven eighteenths 
immediately on grant, and thereafter one thirty sixth each month over the
following 22 months. The options will lapse on 25 May 2016.

On 26 March 2007, the Board of D1 resolved to grant options, being the annual
options grant, over 75,000 ordinary shares to Mr Gudgeon, under the D1 Oils
share option plan at an exercise price of 172.5p per ordinary share, being the
prevailing market price at that time. Due to restrictions imposed by the AIM
Rules, this grant has been held over until today. The options will vest as
follows: one third from 26 March 2008, and thereafter one thirty sixth each
month over the following 24 months. The options will lapse on 26 March 2017.

This grant is in addition to 102,388 options previously granted to Mr Gudgeon,
bringing the total numbers of options granted to 200,115 options.

Mr Gudgeon also purchased 2,924 ordinary shares on 27 July 2007, at 172.5p per
ordinary share, being a part reinvestment of his 2007 annual bonus at the
prevailing share price on 26 March 2007, being the date the bonus was awarded.
This acquisition brings his total shareholding to 0.005% of the issued ordinary
share capital of the Company.

4. On 26 March 2007, the Board of D1 resolved to grant options, being the annual
options grant over 175,000 ordinary shares to Stephen Douty, Executive Director,
under the D1 Oils share options plan at an exercise price of 172.5p per ordinary
share, being the prevailing market price at that time. Due to restrictions
imposed by the AIM Rules, this grant has been held over until today. The options
will vest as follows: one third from 26 March 2008, and thereafter one thirty
sixth each month over the following 24 months. The options will lapse on 26
March 2017.

This grant is in addition to 359,026 options previously granted to Mr Douty,
bringing the total number of options granted to 534,026 options.

Mr Douty also acquired 5,772 ordinary shares on 27 July 2007, at 172.5p per
ordinary share, being a part reinvestment of his 2007 annual bonus payment at
the prevailing share price on 26 March 2007, being the date the bonus was
awarded. This acquisition brings his total shareholding to 29,162 ordinary
shares representing 0.05% of the issued ordinary share capital of the Company.

Pursuant to the above acquisitions of shares by way of the re-investment of 2007
annual bonus payments by the above Directors and by other employees of the
Company, D1 has allotted 79,120 ordinary shares of 1p each in the Company.These
shares rank pari passu in all respects with the existing issued ordinary shares
in the Company. Application has been made to the London Stock Exchange for
these shares to be admitted to AIM and it is expected that dealings will
commence on 30 July 2007.


Contacts:

D1 Oils plc:
Graham Prince, Head of Corporate Communications
Tel:     +44 (0)1642 755 580
Mobile:  +44 (0)7973 323 840

Brunswick Group:
Mark Antelme
Tel:    +44(0)20 7404 5959


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