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D1 Oils Plc (NEOS)

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Thursday 20 March, 2008

D1 Oils Plc

Rule 2.10 Announcement

D1 Oils Plc
20 March 2008

20 March 2008

D1 Oils plc ('D1 Oils' or the 'Company')

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, D1 Oils
confirms that it has in issue and admitted to trading on the London Stock
Exchange 62,241,219 ordinary shares of 1 pence each under the ISIN code


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

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any
person is, or becomes, 'interested' (directly or indirectly) in 1% or more of
any class of 'relevant securities' of D1, all 'dealings' in any 'relevant
securities' of that company (including by means of an option in respect of, or a
derivative referenced to, any such 'relevant securities') must be publicly
disclosed by no later than 3.30 pm (London time) on the London business day
following the date of the relevant transaction. This requirement will continue
until the date on which the offer becomes, or is declared, unconditional as to
acceptances, lapses or is otherwise withdrawn or on which the 'offer period'
otherwise ends. If two or more persons act together pursuant to an agreement or
understanding, whether formal or informal, to acquire an 'interest' in 'relevant
securities' of D1, they will be deemed to be a single person for the purpose of
Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of D1 by D1, or by any of their respective 'associates', must be
disclosed by no later than 12.00 noon (London time) on the London business day
following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at

'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Panel's website. If you are in any doubt as to whether or not you are required
to disclose a 'dealing' under Rule 8, you should consult the Panel.

                      This information is provided by RNS
            The company news service from the London Stock Exchange