Director S/holding-Replacemnt

Soco International PLC 17 April 2002 The Issuer advises that the following amends the Director Shareholding announcement released on 02 April 2002 at 1303h on RNS No 8808T. In paragraph 2, line 2, the number of shares held by Quantic Limited should have read 2,807,478 and not 2,357,478. All other details remain unchanged. The amended text reads as: SOCO International plc ('SOCO' or the 'Company') Notification of Directors' Interests The Company has been notified that Mantegna Consultadoria E Servicos Limitada ('Mantegna'), of which Mr Rui de Sousa owns 100% of the issued share capital, has transferred warrants to subscribe ('Warrants') for 14,685 ordinary shares of 20p each in the share capital of the Company ('Shares'), 925,187 Shares and 528,678 Shares at a price of 55p, 60p and 65p, respectively, to Palamos Ltd ('Palamos'), which is owned by a trust company whose potential ultimate beneficiary is the family of Mr de Sousa. Following the transfer, Mr de Sousa's interest comprises the aforementioned Warrants held by Palamos along with 2,807,478 Shares and Warrants for 162,607 Shares at a price of 55p held by Quantic Limited of which Mr de Sousa owns 50% of the issued ordinary share capital and 589,619 Shares and Warrants for 40,652 Shares at a price of 55p held by New Falcon Oil Limited of which Mr de Sousa owns 100% of the ordinary share capital. This information is provided by RNS The company news service from the London Stock Exchange
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