It is with great regret that the Board of SOCO has to report that Patrick Maugein, Non-Executive Chairman of SOCO, passed away yesterday after an extended illness.

The Board expects to announce the appointment of a new Non-Executive Chairman at the scheduled directors meeting on Thursday, 7 December 2006.

6 December 2006


SOCO International plc
Roger Cagle
Deputy Chief Executive and Chief Financial Officer
Tel: 020 7747 2000

Pelham Public Relations
James Henderson, tel: 020 7743 6673
Alisdair Haythornthwaite, tel: 020 7743 6676

Pharos Energy plc is aware of attempts to impersonate the company under its previous name, SOCO International plc, on social media. Pharos does not have a Facebook page.