Substantial Shareholder Update

24 Dec 2008 07:02



Roc Oil Company Limited ("The Company" or "ROC")

Substantial Shareholder Notice

On 23 December 2008, the Company was notified of the following change in substantial shareholding:

As at 19 December 2008, Nexus Energy Limited and its subsidiaries held 47,695,716 fully paid ordinary shares in the Company, representing 8.11% of the total issued share capital of the Company.

For further information please contact:

Bruce Clement on

Tel: +61-2-8023-2000

Fax: +61-2-9380-2066

Email: bclement@rocoil.com.au

Or visit ROC's website: www.rocoil.com.au

Dr Kevin Hird

General Manager - Business Development

Tel: +44 20 7495 5707/+61 2 8023 2000

Mob: +44 775136 7149/+61 417 261 727

Email: khird@rocoil.com.au

Michael ShawOriel Securities Limited (Nominated Adviser)Tel: +44 (0)20 7710 7600 Bobby Morse Buchanan Communications Tel: + 44 (0)20 7466 5000 Fax: + 44 (0)20 7466 5001 E-Mail: bobbym@buchanan.uk.com Mob: +44 (0)7802 875 227