Thursday 14 September 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 Interest in
Shares of the Company by Credit Suisse.


Institution                      Beneficial Holder                        Shareholding      Percentage of
                                                                                           Issued Capital
Credit Suisse                    Credit Suisse Securities                    2,855,238              7.84%
                                 (Europe) Limited


The total number of shares in issue following the Placing is 36,404,762.



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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