Significant shareholding

6 Apr 2006 10:15

Faroe Petroleum PLC06 April 2006 Faroe Petroleum Plc ("Faroe Petroleum" or "the Company") Significant shareholding The Company was notified on 5th April 2006 that UBS AG, acting through itsbusiness group and legal entities, had an interest in 1,766,558 Ordinary sharesof Faroe Petroleum plc, representing 3.20 per cent. of the issued share capitalof the Company. This information is provided by RNS The company news service from the London Stock Exchange