RNS Number:9068I
Petrolatina Energy PLC
13 September 2006


                             PetroLatina Energy Plc
                        ("PetroLatina" or the "Company")

                             Holding(s) in Company


Petrolatina Energy Plc ("PetroLatina" or the "Company") an independent oil and
gas exploration, development and production company, focused on Latin America,
has received the following notifications of interest:

Och-Ziff Capital Management Group ("Och-Ziff") have notified the Company that
following the recent fundraising, Och-Ziff has a interest in 10,457,700 ordinary
shares in the Company, which represents approximately 10.1 per cent of the
entire issued ordinary share capital of the Company.

Artemis Investment Management Limited ("Artemis") have notified the Company that
following the recent fundraising, Artemis have an interest in 9,000,000 ordinary
shares in the Company, value which represents approximately 8.60% of the entire
issued ordinary share capital of the Company.

Millennium Global Investments Ltd.  have notified the Company that following the
recent fundraising, Millennium Global High Yield Fund Limited  holds 12,012,853
ordinary shares or 11.45% in the Company and Millennium Global Natural Resources
Fund holds 5,283,400 ordinary shares or 5.04% in the Company.


                                                             13th September 2006


For further information, please contact:

PetroLatina Energy          Ian Refault, Chief  Ianrefault@petrolatinaenergy.com    +44(0)2072974360
www.petrolatinaenergy.com   Financial Officer

Pelham Public Relations     James Henderson     James.henderson@pelhampr.com        +44(0)2077436673
                            Charles Vivian      Charles.vivian@pelhampr.com         +44(0)2077436672




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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