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Holding(s) in Company

11th Sep 2007 11:36

MedOil PLC11 September 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: medOil plc 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights: Yes An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: No An event changing the breakdown of voting rights: No Other (please specify): No 3. Full name of person(s) subject to the notification obligation: Capricorn Petroleum Limited (a subsidiary of Cairn Energy PLC) 4. Full name of shareholder(s) (if different from 3): N/A 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 7 September 2007 6. Date on which issuer notified: 7 September 2007 7. Threshold(s) that is/are crossed or reached: Above 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the triggering transactionusing the ISIN CODE Number of Shares Number of Voting RightsOrdinary Shares Nil Nil GB00B04M7K05 Resulting situation after the triggering transaction Class/type of shares if Number of Shares Number of Voting Rights % of Voting Rightspossible using the ISIN CODE Direct Indirect Direct Indirect Ordinary Shares 3,719,000 3,719,000 Nil 6.88% Nil GB00B04M7K05 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Period Number of Voting Rights that % of Votingfinancial / Date may be acquired if theinstrument instrument is exercised/ Rights converted. N/A N/A N/A N/A N/A Total (A+B) Number of Voting Rights % of Voting Rights 3,719,000 6.88% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable N/A Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: None 14. Contact name: David Thomas, Chief Executive Officer, medOil plc 15. Contact telephone number: 020 7921 0001 This information is provided by RNS The company news service from the London Stock Exchange

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