AGM Statement

Island Oil and Gas PLC
19 January 2007


                              ISLAND OIL & GAS PLC

                         Annual General Meeting Result

19 January 2007

Island Oil & Gas plc (AIM: IOG), the oil and gas exploration and production 
company, announces that the Company's Annual General Meeting ('AGM') was held 
on 19 January 2006 in Dublin.

During the AGM, the ordinary and special resolutions proposed in the Notice 
of Meeting circulated to shareholders on 11 December 2006 were duly passed.

Enquiries:

Lisa J Newman
Newman Consulting

Tel: [phone]
Mobile: [phone]





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