18th May 2006 16:03
Island Oil and Gas PLC18 May 2006 ISLAND OIL & GAS PLC Holding in Company Island Oil & Gas plc ("Island" or the "Company") has received notification fromCarob Limited of a decrease in its holding in the Company. The notificationstates that, following the sale of 900,000 shares in the Company; Carob Limitedis now the holder of 3,044,918 ordinary shares of €0.01 each in Island. Thisholding represents approximately 4.67% of the 65,141,000 shares currently inissue. Enquiries: Lisa J Newman MCIPR MIRSNewman ConsultingTel: + 44 (0) 1252 878682 18 May 2006 Ends. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IOG.L