Result of EGM

Soco International PLC
6 September 2001


                            SOCO International plc

                   Result of Extraordinary General Meeting

At an extraordinary general meeting of SOCO International plc (the 'Company')
held today, the shareholders of the Company approved a resolution to authorise
the disposal of the Company's 50 per cent. interest in the Russian joint
venture, Permtex.  The Company holds these interests through its wholly owned
subsidiary, SOCO Perm Russia, LLC.

Completion of the transaction is expected to take place the business day
following the satisfaction or waiver of the condition relating to the
purchaser receiving approval from the Russian anti-monopoly authorities, being
the last remaining condition of the participation interest purchase agreement.
Pending completion, the consideration of US$50 million is being held in an
escrow account.

                                                              6 September 2001


ENQUIRIES:


SOCO International plc                                     Tel:  [phone]

Ed Story, Chief Executive

Roger Cagle, Chief Financial Officer


College Hill                                               Tel:  [phone]

James Henderson

Archie Berens