3 Mar 2006 15:53
Island Oil and Gas PLC03 March 2006 Island Oil & Gas plc Holding in Company Island Oil & Gas plc ("Island" or the "Company") has today received notificationdated 3 March 2006 from Gartmore Investment Management plc of an increase in itsholding in the Company. The notification states that following the purchase of1,700,000 shares at a price of £0.85 on 1 March 2006, Gartmore InvestmentManagement plc is the holder of 6,901,867 ordinary shares of €0.01 each inIsland. This holding represents approximately 11.658% of the 59,204,000 sharesin issue 3 March 2006 Enquiries: Lisa J Newman MCIPR MIRSNewman Consulting Tel: +44(0)1252 878682 This information is provided by RNS The company news service from the London Stock Exchange