Substantial Shareholding

FOR IMMEDIATE
RELEASE
14 January 2008



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

                      Substantial Shareholding

The Company was informed on 12 January 2008 that following a purchase
on 10 January 2008 of 10,600,000 ordinary shares in Gold Oil,  Mr I
Parvizi has an interest in 75,400,000 ordinary shares of the
Company's shares, representing 15.75% 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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