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Equity Issue, Share Price

25 Aug 2006 15:35

Gold Oil PLC25 August 2006 FOR IMMEDIATE RELEASE 25 August 2006 GOLD OIL PLC ("Gold Oil" or the "Company") Issue of Shares Share Price Movement The Company were advised on 16 August 2006 that a Notice of Exercise of Warrantsfor 1,000,000 ordinary shares of 0.025p had been received and accordingly issuedthe appropriate number of ordinary shares. Application will be made to the London Stock Exchange for the new ordinaryshares, which will rank pari passu with all existing ordinary shares, to beadmitted to trading on AIM. The Company have noted today's share price movement but is not aware of anyinformation relating to the Company which should be announced to the marketunder the AIM Rules. Contact: Michael Burchell, Chairman on 01372 361772 This information is provided by RNS The company news service from the London Stock Exchange

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