Shareholding

Gold Oil PLC
25 May 2006


FOR IMMEDIATE RELEASE                                                25 May 2006


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

                                  Shareholding


The Company was informed on 24 May 2006 that at the close of business on 23 May
2006 , Man Financial Limited has an interest in and is the registered holder of
12,905,000 Ordinary Shares of 0.025p each ('Ordinary Shares'), representing a
total percentage holding of 3.54% of the Company's issued share capital.


ENDS


Enquiries:

Michael Burchell, Chairman                       Tel: [phone]

Roland Cornish, Nominated Adviser                Tel: [phone]
Beaumont Cornish Limited




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