Notification of Substantial Shareholding

Gasol plc (AIM: GAS), the company formed to capitalise on acquisition and investment opportunities in the oil and gas sector, announces that it was notified on 5 September 2006 that Afren plc has a notifiable interest in 10,000,000 ordinary shares of 0.5p in the Company, representing 6.98 per cent of the Company's issued share capital.

For further information:

Gasol plc
Haresh Kanabar, Chief Executive
+44 (0)20 7297 0010

Buchanan Communications
Mark Court
James Strong
+44 (0)20 7466 5000

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