Holding(s) in Company

25 Oct 2005 07:00

Island Oil and Gas PLC24 October 2005 Island Oil and Gas plc Holding in Company Island Oil and Gas plc ("Island" or the "Company") has today receivednotification dated 24 October 2005 from Gartmore Investment Management plc of afurther increase in its holding in the Company. The notification states thatfollowing a purchase of 123,310 ordinary shares in the Company at a price of£0.6355p on 20 October 2005, Gartmore Investment Management plc now holds, inaggregate, 3,805,697 ordinary shares of €0.01 each in the Company, representingapproximately 8.041 per cent. of the issued ordinary share capital. 24 October 2005 Enquiries: Lisa J NewmanNewman ConsultingTel: +44 (0)1252 878682 This information is provided by RNS The company news service from the London Stock Exchange