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New Accounting Ref Date

16 Mar 2005 16:03

16 March 2005 Circle Oil Plc (the "Company") Change of Reporting Period The Board of Circle Oil Plc has moved the Company's financial year end from 31March to 31 December. The Report and Accounts for the nine months to 31December 2004 will therefore be posted to shareholders between May and June2005, with the AGM taking place shortly thereafter.For further information, please contact,John McDonnell, Chief Financial OfficerCircle Oil Plc, Tel. +353 61 333 730Ben SimonsHansard Communications, Tel. 020 7245 1100ENDCIRCLE OIL PLC

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