Rose Petroleum plc

Directors Shareholding

26-March-2007

The Company was informed on 20 March 2007 that as of 14 March 2007 the following directors have increased their holdings in the ordinary 10p shares ("Shares") in the Company:

Previous holding
(Shares)

Increase
(Shares)

Holding as at 14 March 2007
(Shares)

Matthew Idiens

2,045,000

10,880

2,055,880

Robert Jeffcock

5,800,000

92,896

5,892,896

The Shares were distributed to the above named directors as part of the voluntary liquidation of a company in which they were shareholders, whereby the underlying assets of the company, which included shares of VANE Minerals, were distributed to its shareholders.

Enquiries:

VANE Minerals Plc Matthew Idiens +44 (0) 20 7667 6322

Parkgreen Communications Cathy Malins / Annabel Leather +44 (0) 20 7851 7480

Ambrian Partners Limited Richard Brown +44 (0) 20 7776 6417

Daniel Stewart & Co Katie Shelton +44 (0)20 7776 6550

About VANE Minerals:

Since December 2004, VANE Minerals has built a substantial uranium portfolio of properties in the US, initially targeting the Northern Arizona Breccia Pipe District which holds the highest grade deposits in the US.

The Company is using the silver/gold production at the Diablito mine in Mexico to help fund exploration work across its attractive portfolio of uranium as well as base and precious metal prospects.

VANE was founded by the former international exploration team of Freeport-McMoRan Copper & Gold Inc., one of the world's largest producers of copper and gold. The Company has assembled a highly qualified and experienced management team with a proven track record in exploration and development, who have spent their entire careers searching for and defining large scale mineral deposits.

END