BOIL.L Regulatory News (BOIL)

GOLD OIL PLC

("Gold Oil" or the "Company")

Board change

Gold Oil, the AIM-listed oil and gas exploration and production company, (AIM: GOO), with a focus on opportunities in Latin America, announces that Thomas Tidow, Operations Director, will step down from the Board with immediate effect but will continue in his position as country manager in Peru.

For further information on the Company, visit www.goldoilplc.com or contact:

Gold Oil Plc

John Bell - Chairman Tel: +44 (0) 20 7466 5000

Seymour Pierce Ltd (Nomad and Joint Broker):

Jonathan Wright / Stewart Dickson (Corporate Finance) Tel: +44 (0) 20 7107 8000

Richard Redmayne (Corporate Broking)

FirstEnergy Capital LLP (Joint Broker):

Hugh Sanderson / Travis Inlow Tel: + 44 (0) 20 7448 0200

Buchanan (Financial PR) Tel: + 44 (0) 20 7466 5000

Tim Thompson/Helen Chan/Ben Romney