Holding(s) in Company

Soco International PLC
17 December 2002


                             SOCO International plc

                           ('SOCO' or 'the Company')


                             HOLDING IN THE COMPANY


The Company was notified on 17th December 2002 that Pontoil Intertrade Ltd has
bought 589,730 (0.83%) SOCO International plc ordinary shares of £0.20 each ('
Shares').

Following this transaction, Pontoil Intertrade Ltd holds 9,035,543 Shares,
representing 12.67% of the issued share capital of the Company.


Contact:     Carol Fan, 020 7399 3300



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