Director Shareholding

Soco International PLC
17 April 2003

                             SOCO International plc
                           ('SOCO' or 'the Company')

                              DIRECTOR'S INTERESTS


The Company was notified on 17 April 2003 that Quantic Ltd has sold 550,000
(0.77%) SOCO International plc ordinary shares of £0.20 each ('Shares'). As 
a result of this transaction, Quantic Ltd now holds 3,174,684 Shares 
representing 4.45% of the issued share capital of the Company.

As a result of this transaction, Mr Rui de Sousa has an interest in a total of
3,789,303 Shares, representing 5.31% of the issued share capital of the 
Company. This interest is held both 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



                      This information is provided by RNS
            The company news service from the London Stock Exchange
          XLXFFEDEFE