The Company was notified on 18 September 2008 by HSBC Holdings plc that following the disposal of ordinary shares of 5 pence each in the Company ("Ordinary Shares") on 17 September 2008, it no longer has a disclosable interest in the issued ordinary share capital of the Company.

For further information, please contact:

Regal Petroleum plc
Tel: 020 7408 9500
David J Greer, CEO

Strand Partners 
Tel: 020 7409 3494
Rory Murphy