Shareholding

Gold Oil PLC
30 October 2006



FOR IMMEDIATE RELEASE                                            30 October 2006


                   GOLD OIL PLC ('Gold Oil' or the 'Company')

                                  Shareholding


The Company were informed on 27 October 2006 that at 25 October 2006, Cantor
Fitzgerald Europe no longer has a notifiable interest in the Company's issued
share capital.



Contact: Michael Burchell, Chairman on 01372 361772




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