MDL Medoil

RNS Number:1420C
MedOil PLC
15 August 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):



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) :



10 August 2007



6. Date on which issuer notified:



13 August 2007



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



7%




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
Ordinary Shares                   Number of shares                   Number of voting Rights

GB00B04M7K05                      3,453,300                          3,453,300





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
  Ordinary Shares            Direct                   Direct       Indirect             Direct      Indirect

  GB00B04M7K05               Nil                      Nil          3,967,300            Nil         7.34%



B: Financial Instruments

Resulting situation after the triggering transaction


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

N/A             N/A                  N/A                       N/A                         N/A



Total (A+B)
Number of voting rights        % of voting rights


3,967,300                      7.34%



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
            The company news service from the London Stock Exchange
END

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