RNS Number:5409X
Venture Production PLC
27 January 2006

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of listed company

VENTURE PRODUCTION PLC

2. Name of shareholder with a major interest

RIT CAPITAL PARTNERS PLC

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

SHAREHOLDER NAMED IN 2 ABOVE

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

RIT CAPITAL PARTNERS PLC

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

N/A

7. Number of shares / amount of stock disposed

500,000

8. Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)

0.40%

9. Class of security

ORDINARY SHARES OF 0.4P EACH

10. Date of transaction

25 JANUARY 2006

11. Date listed company informed

26 January 2006

12. Total holding following this notification

3,695,736

13. Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account when
calculating percentage)

2.97%

14. Any additional information

NO LONGER A NOTIFIABLE INTEREST

15. Name of contact and telephone number for queries

BRIAN HOBDEN 01224 619000

16. Name and signature of duly authorised officer of the listed company
responsible for making this notification

BRIAN HOBDEN

Date of notification

27 January 2006


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