Significant Shareholdings

For Immediate Release
                          13 October 2008



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

                      Significant Shareholdings



The Company was informed on 12  October 2008 that on 8 October  2008,
following an acquisition of ordinary shares in Gold Oil on that date,
Mr I Parvizi  will have  an interest in  and will  be the  registered
holder of 91,450,000 ordinary shares  in the Company, representing  a
holding of 18.92% of the Company's issued share capital.

The Company was  also informed on  13 October 2008  that following  a
disposal of ordinary shares  in Gold Oil on  10 October 2008,  Credit
Agricole Cheuvreux  International  Ltd  no longer  has  a  notifiable
interest in the Company's issued share capital.


ENDS


Contact:

Michael Burchell, Chairman               Tel: [phone]
Roland Cornish, Beaumont Cornish Limited Tel: [phone]

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