Holdings in Company

Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas  

05 January 2012

          Europa Oil & Gas (Holdings) plc (`Europa' or `the Company')          

                              Holdings in Company                              

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and
development company with a combination of producing and exploration assets in
onshore Europe, received notification yesterday that, following the purchase of
700,000 shares on 3 January 2012, Mr Bo Kroll now has a total beneficial
interest in 5,690,423 ordinary shares of the Company, representing 4.1% of its
issued voting rights.

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For further information please visit www.europaoil.com or contact:

Hugh Mackay Europa Oil & Gas (Holdings) plc [phone]

Phil Greenhalgh Europa Oil & Gas (Holdings) plc [phone]

Sarah Wharry finnCap Ltd [phone]

Henrik Persson finnCap Ltd [phone]

Frank Buhagiar St Brides Media and Finance Ltd [phone]

Lottie Brocklehurst St Brides Media and Finance Ltd [phone]

Notes

Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage
hydrocarbon assets that includes production, exploration and development
interests, in countries that are politically stable, have transparent licensing
processes, and offer attractive terms. The Company currently produces 200
barrels per day of oil in the UK, generating sufficient revenues to cover
corporate overheads. In addition, it has highly prospective exploration
projects in the UK, Ireland, France and Romania, the most significant asset
being the 1.7 TCF, $2.2 billion Berenx gas appraisal project in onshore France.