OilVoice - Sound Oil Comments on Share Price Movement

Sound Oil Comments on Share Price Movement

Friday, October 16, 2009

Sound Oil, the upstream oil and gas company with assets in Indonesia, notes the recent movements in its share price and the relatively high volumes of shares traded. The Company has noted an increase in the registered shareholding of Lynchwood Nominees Limited from 79,253,235 shares (representing 11.4% of the Company’s issued share capital) on 29 September 2009 to 156,762,581 shares (representing 22.6% of the Company’s issued share capital) on 14 October 2009. The Company was informed on 15 October 2009 that these shares are held as sub-custodian for SIS Omnibus Ordinary Account.