RNS Number:6493M
Equator Exploration Limited
28 January 2008



FOR IMMEDIATE RELEASE - 28 JANUARY 2008

FOR: EQUATOR EXPLORATION LIMITED

SUBJECT: Shareholding



London, 28 January 2008 - Equator Exploration Limited ("Equator" or the
"Company") was informed on 24 January 2008 that on 23 January 2008, MF Global UK
Limited, following a disposal of ordinary shares, now holds 6,600,865 ordinary
shares in the Company, representing 3.77% of the total voting rights.


Enquiries:

Equator                                               +44 (0)207 235 2555
Philip Rand
Chief Financial Officer

Beaumont Cornish Limited                              +44 (0)207 628 3396

(Nominated Adviser to Equator)
Roland Cornish

Fox-Davies Capital Limited                            +44 (0)207 936 5234

(Broker to Equator)
Richard Hail

Buchanan Communications                               +44 (0)207 466 5000
Bobby Morse/Ben Willey



Additional information regarding the Company can be obtained from the Company's
website. The Company's website can be accessed at www.equatorexploration.com.






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

END
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