Significant Shareholding

FOR IMMEDIATE
RELEASE
1 August 2007



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

                      Significant Shareholding

The Company was informed on 26 July 2007 that at close of business on
24 July 2007, Credit Agricole Cheuvreux International Ltd has an
interest in 19,279,700 ordinary shares of the Company's shares,
representing 4.16% of the Company's issued share capital.

ENDS


Contact: Michael Burchell, Chairman on 01372 361772
               Roland Cornish, Beaumont Cornish Limited on 020 7628
3396

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