The Company was notified on 5 July 2010 by Safeguard Management Limited, as Trustee of The Timis Trust, that, following a disposal of ordinary shares of 5 pence each in the Company ("Ordinary Shares") on 2 July 2010, it has an interest in 14,136,881 of the Company's Ordinary Shares, representing 4.44 per cent. of the issued ordinary share capital of the Company.

For further information, please contact:

Regal Petroleum plc           Tel: 020 7408 9500

David J Greer, CEO

Strand Hanson Limited      Tel: 020 7409 3494

Rory Murphy