Holding(s) in Company

Regal Petroleum PLC
24 December 2007

For immediate release                                         24 December 2007

                              REGAL PETROLEUM PLC
                                ('the Company')

                              Holdings in Company

The Company was notified on 21 December 2007 by Dmitro Gelfendbeyn as controller
of Alberry Limited that they have an interest in 8,567,808 of the Company's
ordinary 5p shares ('Ordinary Shares') representing 5.99 per cent. of the issued
Ordinary Share capital of the Company.


For further information, please contact:

Regal                                   Tel: [phone]
David J. Greer, Chairman and CEO

Evolution Securities                    Tel: [phone]
Robert Collins






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