Notification of Transactions of DirectorsPersons Discharging Managerial Responsibility and Connected Persons

June 23, 2014

Tethys Petroleum Limited: Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

LONDON, ENGLAND–(Marketwired – June 24, 2014) –

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1.  Name of the issuer                2.  State whether the notification
    TETHYS PETROLEUM LIMITED              relates to (i) a transaction
                                          notified in accordance with DTR
                                          3.1.2 R, (ii) a disclosure made
                                          in accordance with LR 9.8.6R(1)
                                          or (iii) a disclosure made in
                                          accordance with section 793 of
                                          the Companies Act (2006).
                                          THE DISCLOSURE IS MADE IN
                                          ACCORDANCE WITH DTR 3.1.2 R
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3.  Name of person discharging        4.  State whether notification
    managerial                            relates to a person connected
    responsibilities/director             with a person discharging
    JULIAN HAMMOND                        managerial
                                          responsibilities/director named
                                          in 3 and identify the connected
                                          person
                                          N/A
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5.  Indicate whether the notification 6.  Description of shares (including
    is in respect of a holding of the     class), debentures or derivatives
    person referred to in 3 or 4          or financial instruments relating
    above or in respect of a non-         to shares
    beneficial interest(1) 
    SHARES WILL BE BENEFICIALLY OWNED.    ORDINARY SHARES
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7.  Name of registered                8.  State the nature of the
    shareholders(s) and, if more than     transaction
    one, the number of shares held by     ACQUISITION
    each of them
    JULIAN HAMMOND
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9.  Number of shares, debentures or   10. Percentage of issued class
    financial instruments relating to     acquired (treasury shares of that
    shares acquired                       class should not be taken into
    50,000 ORDINARY SHARES                account when calculating
                                          percentage)
                                          0.01%
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11. Number of shares, debentures or   12. Percentage of issued class
    financial instruments relating to     disposed (treasury shares of that
    shares disposed                       class should not be taken into
    N/A                                   account when calculating
                                          percentage)
                                          N/A
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13. Price per share or value of       14. Date and place of transaction
    transaction                           
    GBP0.2025                             23 JUNE 2014, LONDON
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15. Total holding following           16. Date issuer informed of
    notification and total percentage     transaction
    holding following notification        
    (any treasury shares should not       23 JUNE 2014
    be taken into account when
    calculating percentage)
    275,000 SHARES
    0.08%
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If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
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17  Date of grant                     18. Period during which or date on
                                          which exercisable
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19. Total amount paid (if any) for    20. Description of shares or
    grant of the option                   debentures involved (class and
                                          number)
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21. Exercise price (if fixed at time  22. Total number of shares or
    of grant) or indication that          debentures over which options
    price is to be fixed at the time      held following notification
    of exercise
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23. Any additional informationN/A     24. Name of contact and telephone
                                          number for queries LIZ LANDLES
                                          TEL: 01481 725911
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Liz Landles

Corporate Secretary

Date of notification: 23/06/2014

FOR FURTHER INFORMATION PLEASE CONTACT:

Liz Landles Corporate Secretary TEL: 01481 725911