AGM Statement

Soco International PLC
24 June 2005

                             SOCO International plc

                            ('SOCO' or 'the Group')

                                 AGM Statement



At the SOCO International plc AGM held today Patrick Maugein, Non-Executive
Chairman, made the following comments:



'SOCO produced solid operating results in 2004, laying the foundations for a
successful year ahead on all fronts. 2005 has commenced well with the sale of
our Mongolia assets, announced in April 2005, due to complete shortly.



Our multi-well drilling programme is underway and has made an exceptional start
which will have a material effect on the future of SOCO. The recent results of
the CNV-3X well in Vietnam were very encouraging and will, we believe, lead to
an early Declaration of Commerciality. We are equally excited about the
potential of the TGT-1X exploration well in Vietnam, which is currently
drilling. Within Yemen the Consortium's programme for the year on Block 10 to
increase reserves, expand export capacity and maximise production continues to
return excellent results with the KHA-405, the most recently drilled well,
currently testing.



The outlook for SOCO is very strong. We have stream-lined our portfolio,
realising early value from Mongolia and are actively looking to build our
presence in West and North Africa. We believe the potential upside from our
multi-well drilling programme is considerable.'



                                                                    24 June 2005



ENQUIRIES:


SOCO International plc
Roger Cagle                       Deputy Chief Executive and Chief Financial      Tel: [phone]
                                  Officer


Pelham Public Relations
James Henderson                                                                   Tel: [phone]
Alisdair Haythornthwaite                                                          Tel: [phone]



NOTES



SOCO International plc is an international oil and gas exploration and
production company headquartered in London and listed on the London Stock
Exchange. Although the Company has designated core areas in the Far East /
Southeast Asia and Middle East / North Africa regions, it employs a strategy for
building shareholder value through a portfolio of oil and gas assets by focusing
on Recognising Opportunity, Capturing Potential and Realising Value.



SOCO holds its interests in Vietnam, all in the Cuu Long Basin offshore, through
its 80% owned subsidiary SOCO Vietnam Limited ('SOCO Vietnam'). SOCO Vietnam
holds a 25% working interest in Block 9-2, which is operated by the Hoan Vu
Joint Operating Company and a 28.5% working interest in Block 16-1, which is
operated by the Hoang Long Joint Operating Company.

SOCO's Yemen interests are held through its majority owned (58.75%) shareholding
in Comeco Petroleum, Inc. ('Comeco'). Comeco holds a 28.57% working interest in
Block 10, East Shabwa Development Area.


                      This information is provided by RNS
            The company news service from the London Stock Exchange