Holding(s) in Company

RNS Number:0220E
MedOil PLC
18 September 2007



TR-1:



NOTIFICATION OF MAJOR INTERESTS IN SHARES



1.  Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:



medOil plc



2.  Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights: Yes



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No



An event changing the breakdown of voting rights: No



Other (please specify): No



3.  Full name of person(s) subject to the notification obligation:



Rensburg Sheppards Investment Management Limited



4.  Full name of shareholder(s) (if different from 3):



N/A



5.  Date of the transaction (and date on which the threshold is crossed or
reached if different):



7 September 2007



6.  Date on which issuer notified:



10 September 2007



7.  Threshold(s) that is/are crossed or reached:



5%



8.  Notified details: Nominee Holdings





A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the triggering transaction
using the ISIN CODE
                                  Number of Shares                   Number of Voting Rights
Ordinary Shares                   3,967,300                          3,967,300

GB00B04M7K05





Resulting situation after the triggering transaction


Class/type of shares if       Number of Shares       Number of Voting Rights     % of Voting Rights
possible using the ISIN CODE
                                                     Direct        Indirect      Direct      Indirect

Ordinary Shares                                                    3,148,300                 5.82%

GB00B04M7K05



B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration Date     Exercise/Conversion Period Number of Voting Rights that    % of Voting
financial                           / Date                     may be acquired if the
instrument                                                     instrument is exercised/        Rights
                                                               converted.







Total (A+B)


Number of Voting Rights          % of Voting Rights

3,148,300                        5.82%





9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable



Client holdings registered in the name of Nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited.



Proxy Voting:



10. Name of the proxy holder:



N/A



11. Number of voting rights proxy holder will cease to hold:



N/A



12. Date on which proxy holder will cease to hold voting rights:



N/A



13. Additional information:



N/A



14. Contact name:



N/A



15. Contact telephone number:



N/A










                      This information is provided by RNS
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END

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