Director Shareholding

Soco International PLC
04 April 2003

                             SOCO International plc

                           ('SOCO' or 'the Company')



                              DIRECTOR'S INTERESTS



The Company was notified on 4 April 2003 that Mr Rui de Sousa has acquired an
interest in a further 130,000 SOCO International plc ordinary shares of £0.20
each ('Shares').



These Shares, representing 0.18% of the issued share capital of the Company,
were acquired by Quantic Ltd, which following this transaction, now holds
3,724,684 Shares representing 5.22% of the issued share capital of the Company.



As a result of this transaction, Mr de Sousa is interested in a total of
4,339,303 Shares, representing 6.08% of the issued share capital of the Company.
  This interest is held through Quantic Ltd and New Falcon Oil Limited of which
a respective 50% and 100% of the share capital is owned by Mr de Sousa.



In addition to Shares, Mr de Sousa is interested in a total of 1,671,809
warrants to purchase ordinary shares in SOCO ('Warrants'). These Warrants are
held by Quantic Ltd (162,607 Warrants) and New Falcon Oil Limited (40,652
Warrants) all at an exercise price of £0.55 each, and by Palamos Limited which
holds 14,685 Warrants, 925,187 Warrants and 528,678 Warrants at an exercise
price of £0.55, £0.60 and £0.65 each respectively. Palamos Limited is owned by a
trust company whose potential ultimate beneficiary is the family of Mr de Sousa.



Contact:     Carol Fan, 020 7399 3300


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