Tuesday 15th August 2006

Granby Oil and Gas plc


Section 198 Notice of Interest in Shares

Granby  Oil  and Gas plc hereby announces that it was notified today of the following  changes  of
Interests in Shares of the Company by Artemis Investment Management.


Beneficial Holder                Shareholding                      Percentage of Issued Capital
Institutional UK Growth          2,428,929                         9.45%

Artemis UK Growth no longer has a notifiable interest as a beneficial owner.

We have also been advised today of the following Interest in Shares of the Company.

Beneficial Holder                Shareholding                      Percentage of Issued Capital
Invesco English and              1,064,161                         4.14%
International Trust plc
(registered in the name of JP
Morgan Chase)



Enquiries:
Granby Oil and Gas                                     020 7653 3660
    David Grassick, Managing Director                  07785 921080
                                                       david.grassick@granbyoil.com
                                                       
    Nigel Burton, Finance Director                     07785 234447
                                                       nigel.burton@granbyoil.com
                                                       
College Hill                                           
    Nick Elwes / Paddy Blewer                          020 7457 2020
                                                       


                                                                
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