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Holding in Company

3rd May 2007 14:13

Avocet Mining PLC03 May 2007 NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS A form TR-1 containing the following information has been received by theCompany. TR-1 notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached:AVOCET MINING PLC 2. Reason for the notificationA disposal of voting rights 3. Full name of person(s) subject to the notification obligation:BlackRock, Inc. 4. Full name of shareholder(s) (if different from 3):N/A 5.Date of the transaction (and date on which the thresholdis crossed or reached if different):1 May 2007 6. Date on which issuer notified:2 May 2007 7. Threshold(s) that is/are crossed or reached:Below 5% 8. Notified details: A: Voting rights attached to sharesClass/type Situation previous to the Resulting situation after the triggeringof shares Triggering transaction transaction(1)if possibleusing the Number of Number of Number Number of voting % of votingISIN CODE Shares Voting of rights rights Rights shares Direct Direct Indirect Direct IndirectGB0000663038 6,180,423 6,180,423 N/A N/A 6,006,226 N/A 4.96% B: Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights N/A N/A N/A N/A N/A Total (A+B)Number of voting rights % of voting rights 6,006,226 4.96% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: BlackRock Investment Management (UK) Limited - 6,006,226 (4.96%) Proxy Voting: 10. Name of the Proxy holder:n/a 11. Number of voting rights proxy holder will cease to hold:n/a 12. Date on which proxy holder cease to hold voting rights:n/a 13. Additional information:n/a This information is provided by RNS The company news service from the London Stock Exchange

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