CDS Cds Oil & Gas

RNS Number:7524M
CDS Oil & Gas Group PLC
29 January 2008



               CDS Oil and Gas Group Plc ('CDS' or the 'Company')

                          Director's Share Purchase


On 28th January 2008, CDS was informed that Guillermo Peroni, a non-executive
director of the Company resident in Paraguay, had purchased in the market:
     
(a)  on 8th January 2008, 10,000 ordinary shares of 10p each in the
     capital of the Company for a price of 20p per share; and

(b)  on 9th January 2008, 34,000 ordinary shares at a price of 21p per
     share.

Mr Peroni now holds 44,000 ordinary shares in the capital of the Company,
approximately 0.04% of the Company's issued share capital.

Mr Peroni also holds options over 100,000 ordinary shares.


For further information please contact:

CDS Oil and Gas Group Plc
Patrice Roman - Chief Executive
Tel: 0044 (0) 207 225 4383
Mob: 0041 793328511
Email: proman@cds.com.py

Hanson Westhouse Limited
Louis Castro / Richard Baty
Tel: +44 (0) 207 601 6100



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