Holding(s) in Company

Regal Petroleum PLC
17 November 2004


Immediate Release                                              17 November 2004


                              REGAL PETROLEUM PLC

                                ('the Company')


                               Holding in Company


The Company was notified on 16 November 2004 by Caldwell Associates Limited
that, following a purchase of the Company's ordinary 5p shares ('Ordinary
Shares'), they have an interest in 12,467,025 Ordinary Shares representing 10.71
per cent. of the issued Ordinary Share capital.


17 November 2004


For further information, please contact:

Regal                                                        Tel: [phone]
Chris Phillips, Company Secretary

Buchanan Communications                                      Tel: [phone]
Bobby Morse







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