Holding(s) in Company

28 Apr 2006 13:59

Island Oil and Gas PLC28 April 2006 Island Oil & Gas plc Holding in Company Island Oil & Gas plc ("Island" or the "Company") has today received notificationdated 24 April 2006 from Gartmore Investment Management plc of an increase inits holding in the Company. The notification states that following theconversion of 2,025,000 warrants at Stg£0.70 per share to ordinary shares on 24April, it now holds, in aggregate, 8,926,867 ordinary shares of €0.01 each inthe Company, representing approximately 13.96% of the 63,945,071 shares inissue. 28 April 2006 Enquiries: Lisa J Newman MCIPR MIRSNewman Consulting Tel: +44 (0)1252 878682 This information is provided by RNS The company news service from the London Stock Exchange