Directors' Dealings

Soco International PLC 09 June 2005 SOCO International plc ('SOCO' or 'the Company') Directors' Shareholdings The Company has today allotted a total of 347,007 ordinary shares of 20 pence each ('Shares') following the receipt of applications to exercise options over 637,201 Shares at an exercise price of 72.5 pence. As a result, the interests of Edward T Story (President and CEO) and Roger D Cagle (Executive Vice President and Chief Financial Officer) in the share capital of the Company have increased by 154,798 and 192,209 Shares, respectively. The Board has decided in this instance that it is in the best interests of the Company to agree with the option holders that only the net number of Shares be allotted, after deduction of the number of Shares which would have been sold to settle the option exercise prices and associated tax liabilities. This has avoided the requirement for such a sale and therefore no Shares are being sold as a result of this transaction. The Company will accordingly settle the associated tax liabilities, and no option holder has received any additional economic benefit from the manner in which these options have been exercised. The interests of the Directors in, and following, these transactions are as follows: Director Options Shares Total Percentage of Exercised Allotted Shareholding Issued Share Capital Edward T Story 284,253 154,798 1,149,254 1.58% Roger D Cagle 352,948 192,209 262,209 0.36% All of these interests are beneficial except in relation to the interests of Roger D Cagle where 83,850 Shares were allotted to and are now held by Cynthia B Cagle upon the exercise of 153,971 options which were granted to her in respect of her services to SOCO International plc. For further information contact: Cynthia Cagle, Company Secretary, SOCO International plc on 020 7747 2000 This information is provided by RNS The company news service from the London Stock Exchange
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