Significant Shareholding

For Immediate Release
14 January 2008



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

                      Significant Shareholding

The Company was informed on 9 January 2008 that following an
acquisition of ordinary shares in Gold Oil on 8 January 2008,  MF
Global UK Limited has an interest in 28,864,697 of the Company's
shares, representing 6.23% 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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