Regal announces that Greg Lee has resigned as a director of Regal, effective 27 May 2003, in order to devote more time to his other business interests.

The Regal Board of Directors express their appreciation to Mr Lee for his valued contribution to Regal.

For further information, please contact:

Regal Petroleum plc Tel: 020 7647 6622 
Frank Timis, Executive Chairman   
Glenn Featherby, Finance Director   
   
Buchanan Communications  Tel: 020 7466 5000 
Bobby Morse / Catherine Miles