Shareholding

Gold Oil PLC
07 November 2006





FOR IMMEDIATE RELEASE                                           7 November 2006



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

                                  Shareholding


The Company were informed on 3 November 2006 of the following:


that at 3 November 2006, Credit Agricole Cheuvreux International Limited
('Credit Agricole') no longer had a notifiable interest in the ordinary shares
of Gold Oil.



Contact: Michael Burchell, Chairman on 01372 361772





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