SFD Sandford

RNS No 0627h
SEAFIELD RESOURCES PLC
22nd August 1997

Not for release, publication or distribution in or into the United States of
America, Canada, Australia or Japan

Seafield Resources plc ("Seafield")

Exercise of Directors' Options

Dana Petroleum plc ("Dana") announced earlier today that the Offer for
Seafield has become unconditional as to acceptances.  John Raitt, Roger Witts
and Hilary Worboys, the executive directors of Seafield, have accepted, or
procured acceptance of, the Offer in respect of their direct beneficial
Seafield shareholdings amounting in aggregate to 359,806 Seafield shares and
have elected to receive new Dana shares under the terms of the Offer.

It is not possible for the executive directors to receive Dana options for
their Seafield options.  The executive directors have decided to exercise
their options over 1,549,259 Seafield shares (the "Option Shares") granted to
them pursuant to the Seafield share option scheme.  It is the intention of the
executive directors to seek to sell in the market the Option Shares issued to
them in order to reduce the period over which they will need to bear the costs
of bridging finance required to exercise the options.   

Press enquiries:

Seafield Resources plc       0171 227 1700
John Raitt

Robert Fleming & Co. Limited       0171 638 5858
Rob Gray / Simon Gorringe


END

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