Holding(s) in Company

Nostra Terra Oil and Gas Company plc
                                 (the 'Company')

                               Holding in Company

31 July 2007

The  Company  was  today  informed that following a  series  of  disposals  GCIT
Foundation is now interested in 16,254,000 ordinary shares in the Company.  This
holding represents 5.38% of the Company's issued share capital.

For further information contact:

Nostra Terra Oil and Gas Company plc           Tel: [phone]
Brain Courtney, Chief Executive Officer
Stephen Oakes, Non-executive Director


ARM Corporate Finance Limited                  Tel: [phone]
Alan MacKenzie
Nick Harriss