Significant Shareholdings

For Immediate
Release
7 January 2009


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

                      Significant Shareholdings



The Company  was  informed  on  23 December  2008  that  following  a
disposal of ordinary shares in Gold Oil,  HSBC Holdings Plc 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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