Directorate change

10 November 2010 GOLD OIL PLC ("Gold Oil" or the "Company") Directorate Change Gold Oil, the AIM-listed oil and gas exploration and production company primarily focused on opportunities in Latin America, announces that Mark Pritchard, non-executive director, has resigned from the board with immediate effect to pursue other business interests. Commenting on the resignation, John Bell said "It is with reluctance that we accept Mark's resignation, however we thank him for his valuable contribution as both a former Chairman and director and we wish him all the best for his future". For further information on the Company, visit www.goldoilplc.com or contact: Gold Oil Plc John Bell - Chairman                                                    Tel: +61 3 8610 3000 Richard Mew - CEO                                                   Tel: +44 (0) 1483 282759 Seymour Pierce Ltd Jonathan Wright / Richard Redmayne                            Tel:  +44 (0) 20 7107 8000 [HUG#1460606] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Gold Oil PLC via Thomson Reuters ONE

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