The Company has been notified that on 14 July 2008, Lord St John of Bletso, a Non-Executive Director of the Company, sold a total of 400,000 ordinary shares of 5 pence each in the capital of the Company (“Ordinary Shares”) at an average price of approximately £2.12 each, primarily to cover exercise costs, tax and national insurance relating to the share options exercised by Lord St John on 10 July 2008.  Lord St John now holds 106,500 Ordinary Shares, representing 0.05% of the issued Ordinary Share capital of the Company, and 500,000 share options.

For further information, please contact:

Regal Petroleum plc
Tel: 020 7408 9500
David J Greer, CEO

Strand Partners 
Tel: 020 7409 3494
Rory Murphy

Citigate Dewe Rogerson 
Tel: 020 7638 9571
Martin Jackson