AGM Resolutions Passed

Island Oil and Gas PLC
01 March 2006



1 March 2006

                              ISLAND OIL & GAS PLC

                                 AGM STATEMENT


Island Oil & Gas plc ('Island'), the technology-led independent exploration and
production company, held its first AGM today in the Conrad Hotel in Dublin.
Island is pleased to announce that all resolutions were duly passed.


Enquiries:

Lisa J Newman MCIPR MIRS
Newman Consulting

Tel: [phone]


     Further information on Island can be found on the Company's website at
                         http://www.islandoilandgas.com








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