Holding(s) in Company

Regal Petroleum PLC
24 May 2005


Immediate Release                                24 May 2005

                              REGAL PETROLEUM PLC
                                ('the Company')

                              Holdings in Company

The Company was notified on 20 May 2005 by The Goldman Sachs Group, Inc. that
they no longer have a disclosable interest in the issued Ordinary Share capital
of the Company.

For further information, please contact:

Regal                                              Tel: [phone]

Roger Phillips, Finance Director

Buchanan Communications                            Tel: [phone]

Bobby Morse


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