Non-executive Appointment

Island Oil and Gas PLC 11 October 2006 11 October 2006 ISLAND OIL & GAS PLC Non-Executive Appointment Island Oil & Gas plc ('Island' or the 'Company'), today announces that it is expanding its Board with the appointment of Martin Carl Wilhelm Kindinger ('Carl Kindinger') as a Non-executive Director with effect from 11 October 2006. Carl will oversee the financial management of the Company including the further development of the Company's portfolio of oil and gas assets. Carl (age 55) was born in South Africa and is a UK qualified accountant (ACMA) as well as holding a Bachelor's degree in Economics and a Masters in Business Administration. He has had held both financial and general managerial posts of increasing seniority in medium-sized multinational companies covering a variety of industries including mining, ethanol production and fuel distribution in Africa and the Middle East for the past two decades. He has considerable experience in financial planning, project cost control, feasibility studies, cross border mergers and acquisitions and international tax planning. He has successfully raised finance for both project and working capital from international banks, and has initiated a number of IPO's. Carl currently holds directorships with Midad Investments Limited and Kindinger International Investments (Pty) Limited. He was previously a director of Press Corporation Limited, National Bank of Malawi, Carlsberg Malawi Limited; Oilcom Limited; Dal Group Co Limited and Matlin Limited. Carl is a nominee director appointed by Platinum Petroleum Limited. There are no further details specified by Schedule 2 (g) of the AIM Rules to be disclosed. Commenting upon the new appointment, Paul Griffiths, Island's Chief Executive, said: 'I am delighted to welcome Carl to the Board of Island as a Non-executive Director, and we look forward to working with him at this exciting and busy time in the Company's development. Carl's wealth of experience both within the industry and in financial planning will place the Company is a strong position as we move ahead with the development of our rapidly developing project portfolio Enquiries: Lisa J Newman MCIPR MIRS Newman Consulting Tel: +44 (0)1252 878682 This information is provided by RNS The company news service from the London Stock Exchange

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