Holding(s) in Company

Regal Petroleum PLC
23 March 2004



Immediate Release                                                23 March 2004





                      Regal Petroleum plc ('the Company')


                               Holding in Company


The Company was notified on 22nd March 2004 by Forest Nominees Limited ('Forest
Nominees') that following a purchase of the Company's ordinary 5p shares
('Ordinary Shares') Forest Nominees has an interest in 6,496,139 Ordinary
Shares, representing 6.39 per cent. of the issued Ordinary Share capital.


23 March 2004



For further information, please contact:

Regal                                                        Tel: [phone]
Stephen West, Company Secretary

Buchanan Communications                                      Tel: [phone]
Bobby Morse







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