30 April 2007

GOLD OIL PLC ("Gold Oil" or the "Company") Issue of Equity

The Company has been advised that a Notice of Exercise of Warrants for 575,000 ordinary shares of 0.025p has been received and accordingly issued the appropriate number of ordinary shares. 
 

Application will be made to the London Stock Exchange for the new ordinary shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM.  
 

Contact: Michael Burchell, Chairman on 01372 361772 

Roland Cornish, Beaumont Cornish Limited on 020 7628 3396.