Shareholding

Gold Oil PLC
14 December 2006




FOR IMMEDIATE RELEASE                                     14 December 2006



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

                                  Shareholding


The Company were informed on 11 December 2006 of the following:


that at 8 December 2006, Credit Agricole Cheuvreux International Limited
('Credit Agricole') has an interest in 16,307,200 of the Company's voting
shares, representing 3.8% of the Company's issued share capital.






Contact: Michael Burchell, Chairman on 01372 361772









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