Shareholding

Gold Oil PLC
10 November 2006


FOR IMMEDIATE RELEASE                                    10 November 2006


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

                                  Shareholding


The Company were informed on 10 November 2006 of the following:

that at 8 November 2006, Credit Agricole Cheuvreux International Limited
('Credit Agricole') has an interest in 11,682,166 of the Company's voting
shares, representing 3.11% of the Company's issued share capital.


Contact: Michael Burchell, Chairman on 01372 361772



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