Grant of Options

Regal Petroleum PLC 27 April 2006 For Immediate Release 27 April 2006 REGAL PETROLEUM PLC (the 'Company') Grant of Options The Company's remuneration committee has granted options over ordinary shares of 5 pence each in the capital of the Company ('Ordinary Shares') pursuant to the Regal Petroleum Share Option Scheme to the following Director: Number of Exercise Condition from which Share Options Price exercisable ------------ ---------- --------- -------------------- Mr Roger 250,000 £0.8525 upon the Company's Ordinary Phillips Shares trading above £1.50 for 10 consecutive trading days These share options above have been issued to replace previously held options which have been relinquished. Mr Phillips holds an additional 500,000 share options so now has an aggregate of 750,000 share options. Under the provisions of the Regal Petroleum Share Option Scheme, these options will lapse on 1 November 2014, unless previously lapsed or exercised. For further information, please contact: Regal Tel: 020 7408 9500 Paul Morgan - Chairman & CEO Buchanan Communications Tel: 020 7466 5000 Bobby Morse / Ben Willey This information is provided by RNS The company news service from the London Stock Exchange
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