Issue of Equity

Gold Oil Plc ("Gold Oil" or the "Company") Issue of Equity / TVR Application has today been made for the admission to trading on AIM of 328,850 new ordianry shares in the capital of the Company which have been issued in lieu of certain fees accruing to a consultant geologist to the Company. Admission is expected to occur on 6 October 2009. Following this issue of shares, Gold Oil has 500,757,759 ordinary shares in issue with an equivalent number of voting rights. The above voting figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or change to their interest in, the Company under the FSA's Disclosure and Transparency Rules. For further information, please contact: Gold Oil Plc Tel: +44 (0) 208 332 6882 Mark Pritchard Seymour Pierce Ltd Tel: +44 (0) 207 107 8000 Jonathan Wright ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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