The Company has been notified that on 29 September 2008, Mr Keith Henry, the Non-Executive Chairman of the Company, purchased a total of 10,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") at a price of £0.9825 each.  Mr Henry now holds 30,000 Ordinary Shares, representing 0.01% of the issued Ordinary Share capital of the Company, and 750,000 share options.

For further information, please contact:

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

Strand Partners
Tel: 020 7409 3494
Rory Murphy

Citigate Dewe Rogerson
Tel: 020 7638 9571
Martin Jackson