Chariot Regulatory News (CHAR)

23 May 2008 11:41



23 May 2008  AIM: CHAR

Chariot Oil & Gas Ltd.

("the Company")

Significant Shareholding

On 22 May 2008 the Company was notified by Photon Global Limited that, with effect from 19 May 2008, it holds 8,147,312 ordinary shares in the Company, representing approximately 5.77% of the Company's issued ordinary share capital.

- Ends -

Contacts:

Artemis Securities LimitedPO Box 100Sydney Vane HouseAdmiral ParkSt Peter PortGuernsey GY1 3EL

Susan Walker, KPMG Corporate Finance - nominated adviser

Tel: +44 (0) 20 7311 1000

KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated by the Financial Services Authority for investment business activities, is acting for the Company as nominated adviser in relation to the matters set out in this announcement and is not acting for any other person in relation to these matters. KPMG Corporate Finance will not be responsible to anyone other than Company for providing the protections afforded to its clients or for providing advice in relation to the contents of this announcement.