Director/PDMR Shareholding

6 February 2013

GOLD OIL plc

("Gold Oil" or "the Company")

Directors Dealing

The Company wishes to announce that it was informed on 5 February 2013 that Rudolph Berends, a director of the Company, acquired 2,000,000 ordinary shares of the Company of 0.025 pence each ("Ordinary Shares") at a price of 1.85 pence per share.

As a result of this purchase, Rudolph Berends has an interest in 38,333,335 Ordinary Shares.

For further information:

Gold Oil Plc

Rudolph Berends (Chairman & CEO) Tel: +44 (0) 203 427 5089

Seymour Pierce Ltd (Nomad and Joint Broker):

David Porter / Rick Thompson (Corporate Finance) Tel: +44 (0) 20 7107 8000

Richard Redmayne / David Banks (Corporate Finance)

FirstEnergy Capital LLP (Joint Broker):

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