Ukrainian Update

Regal Petroleum PLC 29 September 2005 Immediate Release 29 September 2005 REGAL PETROLEUM PLC ('the Company') Ukrainian Update The Company announce this morning that it has received a communication from its legal representatives in the Ukraine that Nadra Ukrayiny, the parent organisation for Chernigivnaftogasgeologia ('CNGG'), is intending to issue a legal challenge to Regal's licences in the Ukraine. The Company is presently unaware of the basis of this challenge and will vigorously defend its position. The Company continues to believe and as such is being so advised by its legal representatives that its licences were properly awarded and are legally sound. The Company is urgently seeking further information and will keep the market informed as and when such information becomes available. Chief Executive Officer Rex Gaisford said 'We don't believe there is any substance in the potential claim and we will be fighting any such case vigorously. We will continue to meet this challenge with the same degree of openness and professionalism with which we have attempted to meet the other challenges over the past three months'. For further information, please contact: Regal Tel: 020 7408 9500 Roger Phillips, Finance Director Buchanan Communications Tel: 020 7466 5000 Bobby Morse This information is provided by RNS The company news service from the London Stock Exchange
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