Shareholding

Gold Oil PLC
27 January 2006





FOR IMMEDIATE RELEASE 27 January 2006

                   GOLD OIL PLC ('Gold Oil' or the 'Company')
                                  Shareholding

The Company were informed on 25 January 2006 that on 24 January 2006 Mr Iraj
Parvizi was the beneficial owner of 22,290,000 ordinary shares of 0.025p each,
representing a total holding of approximately 9.5% of the Company's issued share
capital.

Contact: Michael Burchell, Chairman on 01372 361772






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