Notification of Shareholding

3 Jun 2005 07:00

Falkland Oil and Gas Limited03 June 2005 Falkland Oil and Gas Limited Notification of shareholding Falkland Oil and Gas Limited (the "Company") announces that the following majorshareholder acquired ordinary shares of 0.002p each in the Company pursuant tothe recent placing announced on 31 May 2005: Shares Price % of issued Total holding % of issued share acquired share capital following this capital notification Falkland Island 2,352,941 85p 2.56% 16,802,941 18.31%Holdings plc The shares issued pursuant to the placing were today admitted to trading on AIM. 3 June 2005 Enquiries: FOGL John Armstrong, Executive Chairman 0061 408 824370 David Hudd, Deputy Chairman 07771 893 267 KBC Peel Hunt Ltd Jonathan Marren 020 7418 8900 College Hill Ben Brewerton / Jim Joseph 020 7457 2020 END This information is provided by RNS The company news service from the London Stock Exchange