Shareholding

Gold Oil PLC
02 November 2006


FOR IMMEDIATE RELEASE                                        2 November 2006



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

                                  Shareholding


The Company were informed today of the following:


that at 1 November 2006, Credit Agricole Cheuvreux International Limited
('Credit Agricole') has an interest in 11,887,166 ordinary shares of Gold Oil,
representing 3.16% of the issued share capital.




Contact: Michael Burchell, Chairman on 01372 361772




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