Significant Shareholding

Gold Oil PLC
11 August 2006









FOR IMMEDIATE RELEASE                                           11 August 2006



                                  GOLD OIL PLC

                         ('Gold Oil' or the 'Company')

                            Significant Shareholding



The Company was informed on 10 August 2006 that as at the close of business on 9
August 2006, Man Financial Limited is the beneficial holder of 12,017,182
Ordinary Shares of 0.025p each ('Ordinary Shares'), representing a total
percentage holding of 3.06% of the Company's issued share capital.


ENDS


Enquiries:

Michael Burchell, Chairman Tel: [phone]

Roland Cornish, Nominated Adviser Tel: [phone]
Beaumont Cornish Limited






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