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Holding(s) in Company

15th Feb 2006 16:12

Island Oil and Gas PLC15 February 2006 Island Oil and Gas plc Holding in Company Island Oil and Gas plc ("Island" or the "Company") has today receivednotification dated 3 February 2006 from Gartmore Investment Management plc of adecrease in its holding in the Company. The notification states that followingthe sale of 370,700 ordinary shares in the Company at a price of £0.75 on 1February 2006, Gartmore Investment Management plc now holds, in aggregate,5,201,867 ordinary shares of €0.01 each in the Company, representingapproximately 8.786% of the 59,204,000 shares in issue. 15 February 2006 Enquiries: Lisa J NewmanNewman ConsultingTel: +44 (0)1252 878682 This information is provided by RNS The company news service from the London Stock Exchange

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