PRESS RELEASE

06 APRIL 2006

RAMCO’S CHAIRMAN INCREASES SHAREHOLDING

Ramco, the Aberdeen based independent exploration company, announces that on 5 April 2006  it raised £148,292 through the issue of 520,322 new ordinary shares of 10p each, at a price of 28.5p. The shares were issued to its Chairman Steve Remp’s pension fund. The funds will supplement working capital.

An application has been made to London Stock Exchange for the new ordinary shares to be admitted to trading on AIM and it is expected that trading will commence on 13 April 2006.

Following the share issue there are now 33,665,035 ordinary shares of 10p each in Ramco Energy plc in issue. Mr Remp’s beneficial holding now totals 3,855,668 ordinary shares, representing 11.45 per cent. of the issued share capital of Ramco. Mr Remp also holds options over 432,500 shares.

 

ENQUIRIES:

Ramco Energy - Aberdeen
Steven Bertram, Managing Director Tel: 01224 352 200

College Hill - London
Nick Elwes Tel: 020 7457 2020

Ramco Energy plc
62 Queen's Road
Aberdeen
AB15 4YE
United Kingdom
Tel: +44 1224 352 200
Fax: +44 1224 352 211