The Company was notified on 6 February 2004 that Mr V F Timis, the Executive Chairman of the Company, has today purchased 150,000 ordinary 5p shares of the Company (“Ordinary Shares”) at a price of 237p per Ordinary Share.

As a result of this purchase, Mr V F Timis has a beneficial interest in 8,030,887 Ordinary Shares representing 7.92 per cent. of the Company's share capital.

For further information, please contact:

Regal  Petroleum plc Tel: 020 7647 6622 
Stephen West, Company Secretary   
   
Buchanan Communications  Tel: 020 7466 5000 
Bobby Morse