Holding(s) in Company

6 Apr 2006 15:35

Island Oil and Gas PLC06 April 2006 Island Oil & Gas plc Holding in Company Island Oil & Gas plc ("Island" or the "Company") has received notification fromCarob Limited of a decrease in its holding in the Company. The notificationstates that, following the sale of 720,000 shares in the Company, Carob Limitedis now the holder of 4,454,918 ordinary shares of €0.01 each in Island. Thisholding represents approximately 7.34% of the 60,675,980 shares currently inissue. 6 April 2006 Enquiries: Lisa J Newman MCIPR MIRSNewman ConsultingTel: +44 (0)1252 878682 Ends. This information is provided by RNS The company news service from the London Stock Exchange