Directors Interests

19 Dec 2007 13:03

Falkland Oil and Gas Limited19 December 2007 Falkland Oil & Gas Limited("FOGL" or the "Company") FOGL was informed on 19 December 2007 that David Hudd, a Director of theCompany, gifted 40,000 ordinary shares of 0.002p each ("Ordinary Shares") to hisson on 19 December 2007. Following the gift of the Ordinary Shares, which isdeemed to be a disposal, David is interested in 160,000 Ordinary Shares,representing 0.17% of the issued share capital of the Company. David is alsointerested in 450,000 options to acquire Ordinary Shares. 19th December 2007 Enquiries Tim Bushell 020 7563 1260 This information is provided by RNS The company news service from the London Stock Exchange