RNS Number:1771V
Petrolatina Energy PLC
19 April 2007


                             PetroLatina Energy plc
                        ("PetroLatina" or "the Company")
                                        
                             Directors Shareholding

In accordance with Chapter 5 of the Financial Services Authority's Disclosure 
and Transparency Rules, the Company was informed on 19 April 2007 that Gregory 
Smith, a Director of the Company, is interested in 2,000,001 ordinary shares, 
and Taghmen Ventures Limited (a company in which Gregory Smith has a beneficial
interest) and connected parties are interested in 12,850,000 ordinary shares, 
collectively 14,850,001 ordinary shares in the capital of the Company, 
representing approximately 13.46 per cent of the Company's issued voting share
capital.

For further information

Seymour Pierce                                                    020 7107 8000
Jonathan Wright
Liam O'Donoghue




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

END
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