11 October 2007

Gold Oil plc ('Gold', or 'The Company') Suspension of Shares

Gold announces that the trading in the Company's shares has been suspended pending the announcement of a transaction.

For further information, please contact:

Enquiries:

Gary Moore CEO Tel: +44 (0)1737833597
Email: gmoore@goldoilplc.com

Mike Burchell Chairman Tel. +44 (0) 1372361772
Email: mikeburchell@hotmail.com

Roland Cornish Beaumont Cornish Limited Tel: 020 7628 3396.6