Shareholding

Gold Oil PLC
09 March 2005

FOR IMMEDIATE RELEASE                                               9 March 2005

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

The Company were informed on 8 March 2005 that at the close of business on 4
March 2005 Man Financial Limited are the beneficial owners of 8,624,000 Ordinary
Shares of 0.025p each, representing a total holding of 3.65% of the Company's
issued share capital.





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