Holding(s) in Company

27 Apr 2006 17:58

Island Oil and Gas PLC27 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 510,000 shares in the Company; Carob Limitedis now the holder of 3,944,918 ordinary shares of €0.01 each in Island. Thisholding represents approximately 6.3% of the 62,653,128 shares currently inissue. Enquiries: Lisa J Newman MCIPR MIRS Newman Consulting Tel: + 44 (0) 1252 878682 27 April, 2006 This information is provided by RNS The company news service from the London Stock Exchange