RNS Number:5083L
Caspian Holdings plc
10 January 2008

10 January 2008

                              Caspian Holdings Plc
                          ("Caspian" or "the Company")

                              Share Price Increase

The board of Caspian Holdings Plc, the oil and gas production and exploration
Company in the countries around the Caspian Sea, indicates that they know of no
reason behind the recent increase in their share price and are not aware of any
material information that has not already been announced to the market.

                                     -Ends-

Enquiries:

Caspian Holdings Plc    Grant Thornton         Hoodless Brennan Parkgreen
                        Corporate Finance                       Communications
Michael Masterman       Fiona Owen             Luke Cairns      Justine Howarth
T: +44 (0) 7791 288381  T: +44 (0) 20 7383     T: +44 (0) 20    T: +44 (0) 20
                        5100                   7538 1166        7851 7480
www.caspianoil.co.uk
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                      This information is provided by RNS
            The company news service from the London Stock Exchange

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