Shareholding

Gold Oil PLC
03 May 2005





FOR IMMEDIATE RELEASE 3 May 2005

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

The Company was informed on 22 April 2005 that at the close of business on 20
April 2005 Cantor Fitzgerald Europe no longer has a notifiable interest in the
Company's issued share capital.




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