Holding(s) in Company

18 Jan 2008 12:45

Island Oil and Gas PLC18 January 2008 Island Oil & Gas plc Holdings in Company Island Oil & Gas plc ("Island" or the "Company") (LSE:IOG) has received anotification from Gartmore Investment Limited ("Gartmore") dated 7 January 2008of a decrease in its notifiable interest in the Company. The notification states that this reduction was due to the issue of new shareson 3 January 2008. As at 8 January 2008, Gartmore holds, in aggregate, 16,119,567 ordinary sharesof €0.01 each in the Company, representing approximately 13.83% of the shares inissue. Further information: Island Oil & Gas plc Cliona Deegan Tel: +353 1 6313755 www.islandoilandgas.com This information is provided by RNS The company news service from the London Stock Exchange