Director/PDMR Shareholding

Shellshock Limited
04 December 2007


Shellshock Limited Director Shareholding



Belize City, Belize, December 4, 2007. Shellshock Limited (London: SHOK) (the '
Company') has today been notified that Peter Gaze, a non-executive director of
the Company, acquired 30,000 ordinary shares in the Company at an average price
of 58 pence per share on November 30, 2007.



His total beneficial holding in the Company following this acquisition increased
to 58,625 ordinary shares representing 0.98 per cent of the total issued share
capital.





Note:  This and other press releases are available at the Company's website:
www.shellshocklimited.com






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