Director's Dealings

23 May 2006 15:18

Gold Oil PLC23 May 2006 FOR IMMEDIATE RELEASE 23 May 2006 GOLD OIL PLC ("Gold Oil" or the "Company") DIRECTOR'S DEALINGS The Board announces that Patrick Mahony, Director, today exercised 575,000directors' warrants to subscribe for 575,000 ordinary shares at 1p per share("the Shares"). The Shares will rank pari passu with all existing shares inissue, and application will be made for admission to trading on AIM. Following the issue of the Shares, Mr Mahony will own a total of 575,000 sharesor 0.176% of the enlarged issued share capital, together with 1,825,000directors' warrants. Contact: Michael Burchell, Chairman on 01372 361772Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 This information is provided by RNS The company news service from the London Stock Exchange